RadNet Historical Income Statement

RDNT Stock  USD 69.33  0.27  0.39%   
Historical analysis of RadNet income statement accounts such as Other Operating Expenses of 1.6 B, Operating Income of 97.7 M, EBIT of 97.7 M or Ebitda of 296.6 M can show how well RadNet Inc performed in making a profits. Evaluating RadNet income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of RadNet's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining RadNet Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether RadNet Inc is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RadNet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About RadNet Income Statement Analysis

RadNet Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to RadNet shareholders. The income statement also shows RadNet investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

RadNet Income Statement Chart

At this time, RadNet's Income Tax Expense is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 1.5 B in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (51.5 M).

Total Revenue

Total revenue comprises all receipts RadNet Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of RadNet Inc minus its cost of goods sold. It is profit before RadNet operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of RadNet Inc. It is also known as RadNet overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in RadNet Inc financial statement analysis. It represents the amount of money remaining after all of RadNet Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from RadNet's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into RadNet Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 RadNet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, RadNet's Income Tax Expense is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 1.5 B in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (51.5 M).
 2021 2022 2023 2024 (projected)
Interest Expense48.8M50.8M64.5M36.6M
Depreciation And Amortization170.7M184.7M189.5M199.0M

RadNet income statement Correlations

0.470.930.470.940.750.640.950.410.72-0.750.320.250.940.93-0.330.140.55-0.37-0.550.160.76-0.790.96-0.57
0.470.570.540.550.760.740.620.170.64-0.210.72-0.230.320.52-0.830.010.36-0.48-0.050.050.41-0.250.38-0.05
0.930.570.441.00.840.820.980.310.86-0.570.410.270.871.0-0.5-0.040.61-0.54-0.620.240.64-0.790.82-0.36
0.470.540.440.420.530.540.540.160.69-0.080.660.160.320.36-0.610.220.53-0.260.230.290.240.010.42-0.38
0.940.551.00.420.820.80.970.330.85-0.570.390.280.881.0-0.47-0.040.61-0.52-0.630.220.65-0.790.83-0.36
0.750.760.840.530.820.920.890.040.81-0.540.540.070.590.82-0.74-0.10.41-0.55-0.510.260.43-0.610.58-0.35
0.640.740.820.540.80.920.84-0.040.91-0.250.640.10.560.79-0.81-0.110.57-0.68-0.40.210.41-0.460.45-0.22
0.950.620.980.540.970.890.840.270.86-0.620.480.210.880.96-0.550.060.61-0.52-0.540.190.69-0.740.85-0.49
0.410.170.310.160.330.04-0.040.270.18-0.26-0.120.30.490.330.29-0.210.410.35-0.170.170.58-0.460.580.13
0.720.640.860.690.850.810.910.860.18-0.180.640.270.660.83-0.69-0.110.76-0.62-0.310.340.47-0.470.58-0.22
-0.75-0.21-0.57-0.08-0.57-0.54-0.25-0.62-0.26-0.180.1-0.14-0.65-0.59-0.01-0.18-0.030.080.56-0.06-0.570.71-0.770.65
0.320.720.410.660.390.540.640.48-0.120.640.1-0.50.240.35-0.740.060.56-0.570.120.020.24-0.010.21-0.13
0.25-0.230.270.160.280.070.10.210.30.27-0.14-0.50.250.270.110.00.110.08-0.130.40.08-0.170.26-0.13
0.940.320.870.320.880.590.560.880.490.66-0.650.240.250.88-0.150.090.65-0.26-0.580.020.87-0.810.92-0.51
0.930.521.00.361.00.820.790.960.330.83-0.590.350.270.88-0.44-0.070.58-0.52-0.670.220.65-0.830.83-0.34
-0.33-0.83-0.5-0.61-0.47-0.74-0.81-0.550.29-0.69-0.01-0.740.11-0.15-0.44-0.14-0.260.66-0.05-0.06-0.090.0-0.140.15
0.140.01-0.040.22-0.04-0.1-0.110.06-0.21-0.11-0.180.060.00.09-0.07-0.14-0.2-0.040.45-0.270.150.340.2-0.58
0.550.360.610.530.610.410.570.610.410.76-0.030.560.110.650.58-0.26-0.2-0.42-0.160.050.64-0.40.55-0.09
-0.37-0.48-0.54-0.26-0.52-0.55-0.68-0.520.35-0.620.08-0.570.08-0.26-0.520.66-0.04-0.420.09-0.14-0.140.15-0.230.13
-0.55-0.05-0.620.23-0.63-0.51-0.4-0.54-0.17-0.310.560.12-0.13-0.58-0.67-0.050.45-0.160.09-0.12-0.320.91-0.440.08
0.160.050.240.290.220.260.210.190.170.34-0.060.020.40.020.22-0.06-0.270.05-0.14-0.12-0.23-0.10.140.11
0.760.410.640.240.650.430.410.690.580.47-0.570.240.080.870.65-0.090.150.64-0.14-0.32-0.23-0.630.83-0.42
-0.79-0.25-0.790.01-0.79-0.61-0.46-0.74-0.46-0.470.71-0.01-0.17-0.81-0.830.00.34-0.40.150.91-0.1-0.63-0.740.2
0.960.380.820.420.830.580.450.850.580.58-0.770.210.260.920.83-0.140.20.55-0.23-0.440.140.83-0.74-0.54
-0.57-0.05-0.36-0.38-0.36-0.35-0.22-0.490.13-0.220.65-0.13-0.13-0.51-0.340.15-0.58-0.090.130.080.11-0.420.2-0.54
Click cells to compare fundamentals

RadNet Account Relationship Matchups

RadNet income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization159.3M154.7M170.7M184.7M189.5M199.0M
Interest Expense48.0M45.9M48.8M50.8M64.5M36.6M
Total Revenue1.2B1.1B1.3B1.4B1.6B1.7B
Gross Profit154.5M105.9M191.8M165.7M93M97.0M
Other Operating Expenses1.1B1.0B1.2B1.4B1.5B1.6B
Operating Income69.9M53.2M82.6M46.4M93M97.7M
Ebit69.9M53.2M94.1M58.4M93M97.7M
Ebitda229.2M207.9M264.7M243.1M282.5M296.6M
Total Operating Expenses80.6M60.5M87.6M115.9M128.4M68.2M
Income Before Tax29.7M(854K)58.9M43.0M38.8M40.8M
Total Other Income Expense Net(40.2M)(54.1M)(23.7M)(3.4M)(54.2M)(51.5M)
Net Income23.4M(1.7M)44.3M33.6M3.0M2.1M
Income Tax Expense6.2M895K14.6M9.4M8.5M8.9M
Selling General Administrative1.0B970.3M1.1B1.3B1.5B1.5B
Cost Of Revenue999.7M965.9M1.1B1.3B1.5B1.6B
Net Income Applicable To Common Shares14.8M(14.8M)24.7M10.7M12.2M11.9M
Minority Interest8.7M92.6M19.6M23.0M(25.3M)(24.1M)
Net Income From Continuing Ops23.4M(1.7M)44.3M33.6M29.3M19.7M
Non Recurring2.4M5.4M1.2M2.5M2.3M3.6M
Tax Provision6.2M895K14.6M9.4M10.0M9.3M
Net Interest Income(48.0M)(45.9M)(48.8M)(50.8M)(63.3M)(66.5M)
Reconciled Depreciation147.4M154.7M170.7M184.7M191.2M155.3M
Non Operating Income Net Other7.8M9.3M25.2M47.4M54.6M31.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for RadNet Stock Analysis

When running RadNet's price analysis, check to measure RadNet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RadNet is operating at the current time. Most of RadNet's value examination focuses on studying past and present price action to predict the probability of RadNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RadNet's price. Additionally, you may evaluate how the addition of RadNet to your portfolios can decrease your overall portfolio volatility.