RadNet Total Operating Expenses vs Operating Income Analysis

RDNT Stock

USD 69.33 0.27 0.39%

RadNet financial indicator trend analysis is much more than just breaking down RadNet Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RadNet Inc is a good investment. Please check the relationship between RadNet Total Operating Expenses and its Operating Income accounts. 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 various price indices.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RadNet Inc Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have no relationship.

The correlation between RadNet's Total Operating Expenses and Operating Income is 0.04. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of RadNet Inc, assuming nothing else is changed. The correlation between historical values of RadNet's Total Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of RadNet Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., RadNet's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.04

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

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.

Operating Income

Operating Income is the amount of profit realized from RadNet Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of RadNet Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from RadNet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 RadNet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

At this time, RadNet's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 258.1 M in 2024, whereas Tax Provision is likely to drop slightly above 9.3 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	48.8M	50.8M	64.5M	36.6M
Depreciation And Amortization	170.7M	184.7M	189.5M	199.0M

Interest Expense Depreciation And Amortization

RadNet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.97	0.77	0.97	0.95	0.98	0.27	0.91	0.75	0.53	0.91	1.0	-0.03	0.91	0.37	0.98	-0.39	0.66	0.87	0.99	0.83	0.94	0.99	0.97	0.95	0.66
Short Long Term Debt Total	0.97		0.62	0.98	0.85	0.98	0.31	0.98	0.7	0.67	0.8	0.98	-0.09	0.8	0.46	0.96	-0.49	0.72	0.86	0.99	0.86	0.84	0.99	0.91	0.87	0.74
Other Current Liab	0.77	0.62		0.61	0.91	0.66	0.01	0.47	0.53	-0.12	0.94	0.73	0.29	0.94	0.07	0.72	-0.14	0.28	0.56	0.72	0.47	0.94	0.69	0.88	0.9	0.21
Total Current Liabilities	0.97	0.98	0.61		0.86	0.98	0.4	0.95	0.76	0.69	0.8	0.98	-0.11	0.8	0.41	0.97	-0.41	0.71	0.91	0.96	0.86	0.84	0.98	0.89	0.85	0.79
Total Stockholder Equity	0.95	0.85	0.91	0.86		0.88	0.15	0.74	0.77	0.27	0.97	0.93	0.07	0.97	0.21	0.92	-0.21	0.5	0.8	0.9	0.71	0.99	0.9	0.98	0.96	0.49
Property Plant And Equipment Net	0.98	0.98	0.66	0.98	0.88		0.35	0.95	0.77	0.62	0.85	0.99	-0.08	0.84	0.32	0.96	-0.33	0.64	0.9	0.98	0.81	0.87	0.98	0.94	0.87	0.75
Current Deferred Revenue	0.27	0.31	0.01	0.4	0.15	0.35		0.32	0.26	0.32	0.2	0.29	0.18	0.2	-0.11	0.25	-0.01	0.16	0.39	0.27	0.08	0.14	0.3	0.23	0.13	0.59
Net Debt	0.91	0.98	0.47	0.95	0.74	0.95	0.32		0.64	0.77	0.67	0.93	-0.16	0.67	0.52	0.91	-0.55	0.76	0.84	0.95	0.88	0.73	0.96	0.81	0.78	0.78
Retained Earnings	0.75	0.7	0.53	0.76	0.77	0.77	0.26	0.64		0.44	0.67	0.76	-0.04	0.67	0.04	0.76	0.12	0.41	0.83	0.68	0.61	0.68	0.71	0.72	0.62	0.67
Accounts Payable	0.53	0.67	-0.12	0.69	0.27	0.62	0.32	0.77	0.44		0.16	0.57	-0.53	0.15	0.55	0.58	-0.46	0.7	0.6	0.58	0.7	0.24	0.61	0.33	0.3	0.68
Cash	0.91	0.8	0.94	0.8	0.97	0.85	0.2	0.67	0.67	0.16		0.89	0.16	1.0	0.13	0.86	-0.17	0.42	0.71	0.87	0.6	0.98	0.86	0.97	0.95	0.43
Non Current Assets Total	1.0	0.98	0.73	0.98	0.93	0.99	0.29	0.93	0.76	0.57	0.89		-0.06	0.88	0.36	0.98	-0.38	0.66	0.89	0.99	0.84	0.92	0.99	0.96	0.92	0.69
Non Currrent Assets Other	-0.03	-0.09	0.29	-0.11	0.07	-0.08	0.18	-0.16	-0.04	-0.53	0.16	-0.06		0.16	-0.25	-0.08	0.0	-0.15	0.05	-0.05	-0.14	0.08	-0.07	0.09	0.08	0.04
Cash And Short Term Investments	0.91	0.8	0.94	0.8	0.97	0.84	0.2	0.67	0.67	0.15	1.0	0.88	0.16		0.13	0.86	-0.17	0.42	0.71	0.86	0.59	0.98	0.85	0.97	0.95	0.43
Net Receivables	0.37	0.46	0.07	0.41	0.21	0.32	-0.11	0.52	0.04	0.55	0.13	0.36	-0.25	0.13		0.39	-0.83	0.88	0.21	0.44	0.63	0.24	0.43	0.23	0.39	0.33
Good Will	0.98	0.96	0.72	0.97	0.92	0.96	0.25	0.91	0.76	0.58	0.86	0.98	-0.08	0.86	0.39		-0.42	0.65	0.9	0.97	0.88	0.91	0.98	0.93	0.92	0.65
Common Stock Total Equity	-0.39	-0.49	-0.14	-0.41	-0.21	-0.33	-0.01	-0.55	0.12	-0.46	-0.17	-0.38	0.0	-0.17	-0.83	-0.42		-0.69	-0.22	-0.48	-0.6	-0.27	-0.47	-0.26	-0.43	-0.23
Common Stock Shares Outstanding	0.66	0.72	0.28	0.71	0.5	0.64	0.16	0.76	0.41	0.7	0.42	0.66	-0.15	0.42	0.88	0.65	-0.69		0.57	0.69	0.78	0.5	0.7	0.52	0.6	0.65
Short Term Investments	0.87	0.86	0.56	0.91	0.8	0.9	0.39	0.84	0.83	0.6	0.71	0.89	0.05	0.71	0.21	0.9	-0.22	0.57		0.84	0.8	0.76	0.86	0.82	0.72	0.79
Non Current Liabilities Total	0.99	0.99	0.72	0.96	0.9	0.98	0.27	0.95	0.68	0.58	0.87	0.99	-0.05	0.86	0.44	0.97	-0.48	0.69	0.84		0.85	0.91	1.0	0.95	0.93	0.67
Other Current Assets	0.83	0.86	0.47	0.86	0.71	0.81	0.08	0.88	0.61	0.7	0.6	0.84	-0.14	0.59	0.63	0.88	-0.6	0.78	0.8	0.85		0.7	0.86	0.72	0.77	0.63
Other Stockholder Equity	0.94	0.84	0.94	0.84	0.99	0.87	0.14	0.73	0.68	0.24	0.98	0.92	0.08	0.98	0.24	0.91	-0.27	0.5	0.76	0.91	0.7		0.9	0.98	0.98	0.44
Total Liab	0.99	0.99	0.69	0.98	0.9	0.98	0.3	0.96	0.71	0.61	0.86	0.99	-0.07	0.85	0.43	0.98	-0.47	0.7	0.86	1.0	0.86	0.9		0.94	0.92	0.7
Property Plant And Equipment Gross	0.97	0.91	0.88	0.89	0.98	0.94	0.23	0.81	0.72	0.33	0.97	0.96	0.09	0.97	0.23	0.93	-0.26	0.52	0.82	0.95	0.72	0.98	0.94		0.96	0.57
Total Current Assets	0.95	0.87	0.9	0.85	0.96	0.87	0.13	0.78	0.62	0.3	0.95	0.92	0.08	0.95	0.39	0.92	-0.43	0.6	0.72	0.93	0.77	0.98	0.92	0.96		0.46
Short Term Debt	0.66	0.74	0.21	0.79	0.49	0.75	0.59	0.78	0.67	0.68	0.43	0.69	0.04	0.43	0.33	0.65	-0.23	0.65	0.79	0.67	0.63	0.44	0.7	0.57	0.46

Click cells to compare fundamentals

RadNet Account Relationship Matchups

RadNet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.8B	2.1B	2.4B	2.9B	3.0B
Short Long Term Debt Total	1.2B	1.2B	1.4B	1.5B	1.5B	1.6B
Other Current Liab	14.3M	14.0M	23.5M	23.1M	236.0M	247.8M
Total Current Liabilities	326.0M	398.1M	374.8M	466.7M	437.5M	459.3M
Total Stockholder Equity	151.7M	165.7M	228.9M	333.0M	630.7M	662.2M
Property Plant And Equipment Net	812.2M	883.0M	1.1B	1.2B	1.2B	1.3B
Current Deferred Revenue	1.3M	39.3M	10.7M	4.0M	4.6M	6.7M
Net Debt	1.1B	1.1B	1.3B	1.4B	1.1B	1.2B
Retained Earnings	(103.2M)	(118.0M)	(93.3M)	(82.6M)	(79.6M)	(83.6M)
Accounts Payable	206.2M	236.7M	263.9M	369.6M	122.9M	95.8M
Cash	40.2M	102.0M	134.6M	127.8M	342.6M	359.7M
Non Current Assets Total	1.4B	1.5B	1.7B	2.1B	2.3B	2.4B
Non Currrent Assets Other	38.6M	38.8M	38.2M	(160.9M)	48.0M	50.4M
Cash And Short Term Investments	40.2M	102.0M	134.6M	127.8M	342.6M	359.7M
Net Receivables	156.0M	135.4M	140.4M	185.3M	189.0M	99.6M
Good Will	441.0M	472.9M	513.8M	677.7M	679.5M	811.6M
Common Stock Shares Outstanding	50.2M	50.9M	53.4M	57.3M	64.7M	38.4M
Liabilities And Stockholders Equity	1.6B	1.8B	2.1B	2.4B	2.9B	3.0B
Non Current Liabilities Total	1.1B	1.1B	1.3B	1.5B	1.6B	1.7B
Other Current Assets	43.6M	33.0M	49.2M	54.0M	47.7M	50.0M
Other Stockholder Equity	262.9M	307.8M	342.6M	436.3M	722.8M	758.9M
Total Liab	1.4B	1.5B	1.7B	1.9B	2.1B	2.2B
Property Plant And Equipment Gross	812.2M	883.0M	1.1B	1.2B	2.0B	2.1B
Total Current Assets	241.8M	270.4M	324.3M	367.2M	579.3M	608.2M
Short Term Debt	104.2M	108.2M	76.6M	70.0M	74.0M	44.0M
Intangible Assets	43.0M	52.4M	56.6M	106.2M	90.6M	48.6M
Other Liab	9.5M	53.5M	16.4M	32.3M	37.1M	21.6M
Other Assets	73.1M	73.4M	53.0M	55.5M	63.8M	67.0M
Long Term Debt	652.7M	612.9M	743.5M	839.3M	812.1M	852.7M
Accumulated Other Comprehensive Income	(8.0M)	(24.1M)	(20.4M)	(20.7M)	(12.5M)	(13.1M)
Property Plant Equipment	366.7M	883.0M	1.1B	566.0M	650.9M	683.4M
Net Tangible Assets	(332.3M)	(359.5M)	(341.5M)	(450.9M)	(405.8M)	(385.5M)
Noncontrolling Interest In Consolidated Entity	81.5M	92.6M	117.3M	158.5M	182.2M	191.3M
Retained Earnings Total Equity	(103.2M)	(118.0M)	(93.3M)	(82.6M)	(74.4M)	(78.1M)
Long Term Debt Total	652.7M	612.9M	743.5M	839.3M	965.2M	1.0B

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC