Radian Short Long Term Debt Total vs Total Stockholder Equity Analysis

RDN Stock

USD 34.96 0.94 2.76%

Radian financial indicator trend analysis is much more than just breaking down Radian Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Radian Group is a good investment. Please check the relationship between Radian Short Long Term Debt Total and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radian Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Short Long Term Debt Total vs Total Stockholder Equity

Short Long Term Debt Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Radian Group Short Long Term Debt Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Radian's Short Long Term Debt Total and Total Stockholder Equity is 0.59. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Radian Group, assuming nothing else is changed. The correlation between historical values of Radian's Short Long Term Debt Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Radian Group are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Long Term Debt Total i.e., Radian's Short Long Term Debt Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Long Term Debt Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Radian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Radian Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radian Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

At this time, Radian's Discontinued Operations is very stable compared to the past year. As of the 24th of November 2024, Tax Provision is likely to grow to about 176 M, while Selling General Administrative is likely to drop about 251.3 M.

	2021	2022	2023	2024 (projected)
Interest Income	84.3M	84.5M	76.0M	59.3M
Tax Provision	164.2M	209.8M	168.2M	176.0M

Interest Income Tax Provision

Radian fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Total Current Assets	Common Stock	Net Receivables	Other Current Liab	Total Current Liabilities	Other Liab	Accounts Payable	Treasury Stock	Short Long Term Debt Total	Long Term Debt	Intangible Assets
Total Assets		0.7	0.46	-0.08	0.62	0.3	0.34	0.14	0.09	0.27	-0.12	0.06	0.76	0.55	0.3	0.09	0.73	0.72	-0.04	0.02	0.14	0.18	-0.9	0.63	0.88	-0.13
Total Stockholder Equity	0.7		0.78	0.28	0.55	0.13	-0.36	0.46	-0.28	0.01	-0.14	-0.44	0.64	0.75	-0.07	-0.29	0.59	0.72	-0.4	-0.36	-0.2	-0.11	-0.49	0.59	0.84	-0.28
Retained Earnings	0.46	0.78		0.23	0.06	-0.41	-0.36	0.43	-0.25	0.1	0.29	-0.4	0.18	0.35	-0.01	-0.24	0.13	0.69	-0.42	-0.34	-0.21	-0.08	-0.26	0.33	0.62	-0.42
Other Assets	-0.08	0.28	0.23		0.25	0.09	-0.42	0.96	-1.0	-0.91	-0.44	-0.94	0.19	0.23	-0.63	-1.0	0.18	-0.02	-0.72	-0.73	0.28	-0.31	0.06	0.19	0.23	-0.1
Common Stock Shares Outstanding	0.62	0.55	0.06	0.25		0.85	0.14	0.34	-0.23	-0.21	-0.43	-0.27	0.94	0.6	-0.03	-0.24	0.96	0.12	-0.25	-0.29	0.09	-0.22	-0.71	0.68	0.64	0.25
Other Stockholder Equity	0.3	0.13	-0.41	0.09	0.85		0.22	0.06	-0.06	-0.17	-0.49	-0.04	0.77	0.4	0.01	-0.07	0.82	-0.25	-0.01	-0.06	0.09	-0.02	-0.5	0.42	0.24	0.44
Total Liab	0.34	-0.36	-0.36	-0.42	0.14	0.22		-0.36	0.44	0.25	0.19	0.57	0.22	-0.37	0.52	0.44	0.21	-0.12	0.36	0.38	0.39	0.2	-0.53	0.13	0.07	0.31
Net Debt	0.14	0.46	0.43	0.96	0.34	0.06	-0.36		-0.96	-0.81	-0.36	-0.93	0.31	0.32	-0.52	-0.96	0.3	0.18	-0.73	-0.72	0.26	-0.29	-0.13	0.32	0.45	-0.19
Cash	0.09	-0.28	-0.25	-1.0	-0.23	-0.06	0.44	-0.96		0.9	0.4	0.95	-0.17	-0.21	0.63	1.0	-0.16	0.02	0.73	0.73	-0.26	0.31	-0.08	-0.17	-0.23	0.1
Non Current Assets Total	0.27	0.01	0.1	-0.91	-0.21	-0.17	0.25	-0.81	0.9		0.55	0.8	-0.09	-0.1	0.6	0.9	-0.1	0.29	0.59	0.64	-0.32	0.36	-0.15	-0.1	-0.02	0.02
Non Currrent Assets Other	-0.12	-0.14	0.29	-0.44	-0.43	-0.49	0.19	-0.36	0.4	0.55		0.33	-0.31	-0.65	0.39	0.42	-0.38	-0.07	0.13	0.21	-0.24	0.04	0.15	-0.2	-0.21	0.24
Cash And Short Term Investments	0.06	-0.44	-0.4	-0.94	-0.27	-0.04	0.57	-0.93	0.95	0.8	0.33		-0.18	-0.3	0.71	0.95	-0.17	-0.08	0.85	0.86	-0.21	0.45	-0.11	-0.28	-0.26	0.07
Common Stock Total Equity	0.76	0.64	0.18	0.19	0.94	0.77	0.22	0.31	-0.17	-0.09	-0.31	-0.18		0.58	0.14	-0.18	0.99	0.25	-0.18	-0.17	0.02	-0.02	-0.83	0.67	0.76	0.17
Short Term Investments	0.55	0.75	0.35	0.23	0.6	0.4	-0.37	0.32	-0.21	-0.1	-0.65	-0.3	0.58		-0.09	-0.22	0.62	0.56	-0.15	-0.17	-0.17	0.08	-0.45	0.48	0.68	-0.42
Non Current Liabilities Total	0.3	-0.07	-0.01	-0.63	-0.03	0.01	0.52	-0.52	0.63	0.6	0.39	0.71	0.14	-0.09		0.63	0.13	0.05	0.79	0.83	-0.49	0.57	-0.36	0.1	0.22	-0.23
Total Current Assets	0.09	-0.29	-0.24	-1.0	-0.24	-0.07	0.44	-0.96	1.0	0.9	0.42	0.95	-0.18	-0.22	0.63		-0.17	0.01	0.73	0.73	-0.26	0.3	-0.07	-0.18	-0.23	0.11
Common Stock	0.73	0.59	0.13	0.18	0.96	0.82	0.21	0.3	-0.16	-0.1	-0.38	-0.17	0.99	0.62	0.13	-0.17		0.21	-0.16	-0.16	0.03	0.0	-0.84	0.66	0.73	0.16
Net Receivables	0.72	0.72	0.69	-0.02	0.12	-0.25	-0.12	0.18	0.02	0.29	-0.07	-0.08	0.25	0.56	0.05	0.01	0.21		-0.14	-0.08	0.08	0.09	-0.42	0.39	0.73	-0.55
Other Current Liab	-0.04	-0.4	-0.42	-0.72	-0.25	-0.01	0.36	-0.73	0.73	0.59	0.13	0.85	-0.18	-0.15	0.79	0.73	-0.16	-0.14		0.99	-0.46	0.54	0.01	-0.26	-0.18	-0.23
Total Current Liabilities	0.02	-0.36	-0.34	-0.73	-0.29	-0.06	0.38	-0.72	0.73	0.64	0.21	0.86	-0.17	-0.17	0.83	0.73	-0.16	-0.08	0.99		-0.45	0.64	-0.04	-0.26	-0.14	-0.24
Other Liab	0.14	-0.2	-0.21	0.28	0.09	0.09	0.39	0.26	-0.26	-0.32	-0.24	-0.21	0.02	-0.17	-0.49	-0.26	0.03	0.08	-0.46	-0.45		-0.2	-0.17	0.15	-0.03	0.33
Accounts Payable	0.18	-0.11	-0.08	-0.31	-0.22	-0.02	0.2	-0.29	0.31	0.36	0.04	0.45	-0.02	0.08	0.57	0.3	0.0	0.09	0.54	0.64	-0.2		-0.22	-0.14	0.05	-0.28
Treasury Stock	-0.9	-0.49	-0.26	0.06	-0.71	-0.5	-0.53	-0.13	-0.08	-0.15	0.15	-0.11	-0.83	-0.45	-0.36	-0.07	-0.84	-0.42	0.01	-0.04	-0.17	-0.22		-0.56	-0.76	-0.02
Short Long Term Debt Total	0.63	0.59	0.33	0.19	0.68	0.42	0.13	0.32	-0.17	-0.1	-0.2	-0.28	0.67	0.48	0.1	-0.18	0.66	0.39	-0.26	-0.26	0.15	-0.14	-0.56		0.68	-0.04
Long Term Debt	0.88	0.84	0.62	0.23	0.64	0.24	0.07	0.45	-0.23	-0.02	-0.21	-0.26	0.76	0.68	0.22	-0.23	0.73	0.73	-0.18	-0.14	-0.03	0.05	-0.76	0.68		-0.37
Intangible Assets	-0.13	-0.28	-0.42	-0.1	0.25	0.44	0.31	-0.19	0.1	0.02	0.24	0.07	0.17	-0.42	-0.23	0.11	0.16	-0.55	-0.23	-0.24	0.33	-0.28	-0.02	-0.04	-0.37

Click cells to compare fundamentals

Radian Account Relationship Matchups

Radian fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.8B	7.9B	7.8B	7.1B	7.6B	5.7B
Total Stockholder Equity	4.0B	4.3B	4.3B	3.9B	4.4B	2.4B
Retained Earnings	2.4B	2.7B	3.2B	3.8B	4.2B	4.5B
Other Assets	871.7M	778.6M	892.1M	1.1B	(1.7B)	(1.8B)
Common Stock Shares Outstanding	210.3M	196.6M	190.3M	170.7M	160.1M	134.8M
Liabilities And Stockholders Equity	6.8B	7.9B	7.8B	7.1B	7.6B	5.7B
Other Stockholder Equity	1.5B	1.3B	957.6M	589.0M	484.7M	460.5M
Total Liab	1.0B	1.8B	1.9B	3.1B	3.2B	3.1B
Net Debt	929.3M	1.5B	1.4B	1.5B	1.5B	1.6B
Cash	92.7M	87.9M	151.1M	56.2M	19.0M	18.0M
Non Current Assets Total	5.8B	6.9B	6.6B	86.3M	7.6B	7.2B
Non Currrent Assets Other	(5.8B)	(6.9B)	(6.6B)	(5.7B)	7.2B	7.6B
Cash And Short Term Investments	92.7M	87.9M	151.1M	56.2M	19.0M	18.0M
Common Stock Total Equity	219K	210K	194K	176K	202.4K	146.1K
Short Term Investments	5.2B	6.3B	6.1B	5.4B	780.0M	741.0M
Non Current Liabilities Total	1.0B	1.8B	1.9B	2.5B	2.6B	2.7B
Total Current Assets	186.4M	282.4M	343.1M	5.9B	1.7B	1.6B
Accumulated Other Comprehensive Income	110.5M	263.7M	120.1M	(456.8M)	(330.9M)	(314.3M)
Common Stock	219K	210K	194K	176K	173K	147.6K
Net Receivables	93.6M	194.5M	191.9M	145.5M	149.8M	103.3M
Other Current Liab	387.8M	775.2M	760.7M	401.2M	(151.6M)	(144.0M)
Total Current Liabilities	758.6M	1.1B	1.1B	596.4M	495.8M	471.0M
Other Liab	292.3M	1.4B	1.5B	664.1M	763.7M	1.2B
Accounts Payable	291.8M	278.6M	228.1M	152.1M	130.6M	244.5M
Treasury Stock	(901.7M)	(910.1M)	(920.8M)	(930.6M)	(837.6M)	(879.5M)
Short Long Term Debt Total	1.3B	1.7B	1.7B	1.7B	1.5B	1.3B
Long Term Debt	1.2B	1.7B	1.6B	1.6B	1.5B	1.2B
Intangible Assets	76.7M	13.2M	9.8M	5.5M	71.3M	49.3M
Inventory	(901.9M)	(993.9M)	(1.0B)	4.3B	(6.0B)	(5.7B)
Other Current Assets	901.9M	993.9M	1.0B	1.3B	850.8M	808.2M
Property Plant And Equipment Net	67.4M	80.5M	75.1M	71.0M	80.1M	50.8M
Property Plant And Equipment Gross	87.0M	37.1M	67.4M	113.4M	130.5M	137.0M
Property Plant Equipment	67.4M	80.5M	75.1M	71.0M	81.6M	46.3M
Net Tangible Assets	4.0B	4.3B	4.2B	3.9B	4.5B	3.0B
Retained Earnings Total Equity	2.4B	2.7B	3.2B	3.8B	4.4B	4.6B
Long Term Debt Total	1.2B	1.7B	1.6B	1.6B	1.8B	1.4B
Capital Surpluse	2.4B	2.2B	1.9B	1.5B	1.4B	1.9B
Long Term Investments	5.7B	6.8B	6.5B	5.7B	6.0B	5.8B

Pair Trading with Radian

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Radian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Radian will appreciate offsetting losses from the drop in the long position's value.

Moving together with Radian Stock

0.68	ESNT	Essent Group	Pair Corr
0.62	ACT	Enact Holdings	Pair Corr

Moving against Radian Stock

0.48	DIST	Distoken Acquisition	Pair Corr
0.44	ICCH	ICC Holdings	Pair Corr
0.4	AMSF	AMERISAFE	Pair Corr
0.4	AB	AllianceBernstein	Pair Corr
0.4	AC	Associated Capital	Pair Corr

The ability to find closely correlated positions to Radian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Radian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Radian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Radian Group to buy it.

The correlation of Radian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Radian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Radian Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Radian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Radian Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Radian's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Radian Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Radian Group Stock:

How To Invest In Radian

Details

Is Radian Stock a good investment?

Details

What is Radian's Net Worth?

Details

Largest Commercial & Residential Mortgage Finance Companies

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Largest Insurance - Specialty Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radian Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Radian. If investors know Radian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Radian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.01

Dividend Share

0.96

Earnings Share

3.86

Revenue Per Share

8.473

Quarterly Revenue Growth

0.068

The market value of Radian Group is measured differently than its book value, which is the value of Radian that is recorded on the company's balance sheet. Investors also form their own opinion of Radian's value that differs from its market value or its book value, called intrinsic value, which is Radian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Radian's market value can be influenced by many factors that don't directly affect Radian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Radian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Radian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Radian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Radian Short Long Term Debt Total vs Total Stockholder Equity Analysis

Short Long Term Debt Total vs Total Stockholder Equity

Short Long Term Debt Total vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Short Long Term Debt Total

Total Stockholder Equity

Radian fundamental ratios Correlations

Radian Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Radian fundamental ratios Accounts

Pair Trading with Radian

Moving together with Radian Stock

Moving against Radian Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash
Common Stock	+ 0.99	Common Stock Total Equity
Total Current Liabilities	+ 0.99	Other Current Liab
Net Debt	+ 0.96	Other Assets
Common Stock	+ 0.96	Common Stock Shares Outstanding
Cash And Short Term Investments	+ 0.95	Cash

Total Current Assets	- 1.0	Other Assets
Cash	- 1.0	Other Assets
Total Current Assets	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Cash And Short Term Investments	- 0.94	Other Assets
Cash And Short Term Investments	- 0.93	Net Debt