Rite Enterprise Value Trend from 2010 to 2020

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RAD -- USA Stock  

Fiscal Quarter End: February 29, 2020  

Rite Aid Enterprise Value is increasing over the years with stable fluctuation. Enterprise Value is expected to dwindle to about 7.4 B. During the period from 2010 to 2020 Rite Aid Enterprise Value anual values regression line had geometric mean of 11,468,661,410 and significance of  0.64. Rite Aid Earning Before Interest and Taxes EBIT is expected to significantly increase based on the last few years of reporting. The last year's Earning Before Interest and Taxes EBIT was at 741.99 Million. The current year Interest Expense is expected to grow to about 363.4 M, whereas Cost of Revenue is expected to decline to about 15.9 B. Check Rite Aid fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 18.1 B, Consolidated Income of 2 B or Cost of Revenue of 15.9 B, as well as many exotic indicators such as Interest Coverage of 2.05, Long Term Debt to Equity of 105 or PPandE Turnover of 12.37. This can be a perfect complement to check Rite Aid Valuation or Volatility. It can also complement various Rite Aid Technical models. Additionally take a look at the analysis of Rite Aid Correlation with competitors.

Rite Enterprise Value Marginal Breakdown

Showing smoothed Enterprise Value of Rite Aid Corporation with missing and latest data points interpolated. Enterprise Value (or EV) is usually referred to as Rite Aid theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Rite Aid debt, but would also pocket its cash. Enterprise Value is more accurate representation of Rite Aid value than its market capitalization because it takes into account all of Rite Aid Corporation existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].

7.37 B

          10 Years Trend
 Enterprise Value 

Rite Enterprise Value Regression Statistics

Arithmetic Mean 12,004,367,782
Geometric Mean 11,468,661,410
Coefficient Of Variation 26.73
Mean Deviation 2,142,592,722
Median 12,138,617,578
Standard Deviation 3,209,240,175
Range 10,616,600,458
R-Value 0.16
R-Squared 0.025524
Significance 0.64
Slope 154,590,858

Rite Enterprise Value Over Time

2016  13,452,709,020 
2019  12,107,438,118 
2020  7,370,000,000 

Other Fundumenentals of Rite Aid

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Rite Aid Fundamental Drivers

Rite Aid Corporation Fundamental Market Drivers

Forward Price Earnings52.21
Short Percent Of Float33.44%
Average Daily Volume Last 10 Day5.39M
Shares Short Prior Month14.24M
Average Daily Volume In Three Month7.3M
Date Short InterestJanuary 15, 2020
Fifty Day Average13.03
Two Hundred Day Average9.58

Rite Aid Upcoming Events

Rite Aid Upcoming Company Events

Upcoming Quarterly Earning ReportApril 9, 2020
Next Earnings ReportJune 24, 2020
Next Fiscal Quarter EndFebruary 29, 2020
Next Fiscal Year EndApril 9, 2020
Last Quarter Report DateNovember 30, 2019
Last Earning Anouncement DateFebruary 28, 2019
Additionally take a look at the analysis of Rite Aid Correlation with competitors. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.