RadNet Historical Income Statement

RDNT Stock  USD 79.58  1.48  1.83%   
Historical analysis of RadNet income statement accounts such as Other Operating Expenses of 1.6 B, Operating Income of 103.6 M, EBIT of 108.5 M or Ebitda of 307.4 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.
 
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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 Before Tax is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 8.9 M in 2024, whereas Net Income is likely to drop slightly above 2.1 M in 2024.

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.
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 Before Tax is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 8.9 M in 2024, whereas Net Income is likely to drop slightly above 2.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense48.8M50.8M64.5M36.6M
Depreciation And Amortization170.7M184.7M189.5M199.0M

RadNet income statement Correlations

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0.470.570.540.550.750.730.610.140.64-0.220.72-0.230.320.52-0.830.010.36-0.48-0.050.050.41-0.250.38-0.05
0.930.570.441.00.850.890.980.660.86-0.610.410.270.871.0-0.5-0.040.61-0.54-0.620.240.64-0.790.82-0.36
0.470.540.440.420.50.610.56-0.170.69-0.080.660.160.320.36-0.610.220.53-0.260.230.290.240.010.42-0.38
0.940.551.00.420.830.870.980.660.85-0.60.390.280.881.0-0.48-0.030.61-0.53-0.620.220.65-0.790.83-0.36
0.760.750.850.50.830.890.870.520.8-0.60.510.080.60.83-0.71-0.130.4-0.54-0.550.260.44-0.640.59-0.34
0.730.730.890.610.870.890.890.420.96-0.320.660.140.650.85-0.75-0.140.68-0.65-0.420.260.47-0.540.57-0.18
0.960.610.980.560.980.870.890.590.87-0.630.480.220.880.96-0.530.030.64-0.51-0.540.210.7-0.740.87-0.45
0.630.140.66-0.170.660.520.420.590.34-0.68-0.140.210.680.710.13-0.480.290.02-0.930.170.51-0.960.60.0
0.720.640.860.690.850.80.960.870.34-0.230.640.270.660.83-0.69-0.110.76-0.62-0.310.340.47-0.470.58-0.22
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0.320.720.410.660.390.510.660.48-0.140.640.09-0.50.240.35-0.740.060.56-0.570.120.020.24-0.010.21-0.13
0.25-0.230.270.160.280.080.140.220.210.27-0.15-0.50.250.270.110.00.110.08-0.130.40.08-0.170.26-0.13
0.940.320.870.320.880.60.650.880.680.66-0.660.240.250.88-0.150.090.65-0.26-0.580.020.87-0.810.92-0.51
0.930.521.00.361.00.830.850.960.710.83-0.630.350.270.88-0.44-0.070.58-0.52-0.670.220.65-0.830.83-0.34
-0.33-0.83-0.5-0.61-0.48-0.71-0.75-0.530.13-0.69-0.02-0.740.11-0.15-0.44-0.14-0.260.66-0.05-0.06-0.090.0-0.140.15
0.140.01-0.040.22-0.03-0.13-0.140.03-0.48-0.11-0.010.060.00.09-0.07-0.14-0.2-0.040.45-0.270.150.340.2-0.58
0.550.360.610.530.610.40.680.640.290.76-0.10.560.110.650.58-0.26-0.2-0.42-0.160.050.64-0.40.55-0.09
-0.37-0.48-0.54-0.26-0.53-0.54-0.65-0.510.02-0.620.09-0.570.08-0.26-0.520.66-0.04-0.420.09-0.14-0.140.15-0.230.13
-0.55-0.05-0.620.23-0.62-0.55-0.42-0.54-0.93-0.310.640.12-0.13-0.58-0.67-0.050.45-0.160.09-0.12-0.320.91-0.440.08
0.160.050.240.290.220.260.260.210.170.34-0.120.020.40.020.22-0.06-0.270.05-0.14-0.12-0.23-0.10.140.11
0.760.410.640.240.650.440.470.70.510.47-0.580.240.080.870.65-0.090.150.64-0.14-0.32-0.23-0.630.83-0.42
-0.79-0.25-0.790.01-0.79-0.64-0.54-0.74-0.96-0.470.79-0.01-0.17-0.81-0.830.00.34-0.40.150.91-0.1-0.63-0.740.2
0.960.380.820.420.830.590.570.870.60.58-0.770.210.260.920.83-0.140.20.55-0.23-0.440.140.83-0.74-0.54
-0.57-0.05-0.36-0.38-0.36-0.34-0.18-0.450.0-0.220.57-0.13-0.13-0.51-0.340.15-0.58-0.090.130.080.11-0.420.2-0.54
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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 Income69.9M53.2M82.6M46.4M98.7M103.6M
Ebit69.9M45.0M107.7M93.8M103.3M108.5M
Ebitda229.2M199.7M278.4M278.5M292.8M307.4M
Total Operating Expenses80.6M60.5M87.6M115.9M268.9M282.3M
Income Before Tax29.7M(854K)58.9M43.0M38.8M40.8M
Total Other Income Expense Net(40.2M)(36.5M)(23.7M)(3.4M)(59.9M)(56.9M)
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

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