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.
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.
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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
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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 Expense | 48.8M | 50.8M | 64.5M | 36.6M | Depreciation And Amortization | 170.7M | 184.7M | 189.5M | 199.0M |
RadNet income statement Correlations
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RadNet income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 159.3M | 154.7M | 170.7M | 184.7M | 189.5M | 199.0M | |
Interest Expense | 48.0M | 45.9M | 48.8M | 50.8M | 64.5M | 36.6M | |
Total Revenue | 1.2B | 1.1B | 1.3B | 1.4B | 1.6B | 1.7B | |
Gross Profit | 154.5M | 105.9M | 191.8M | 165.7M | 93M | 97.0M | |
Other Operating Expenses | 1.1B | 1.0B | 1.2B | 1.4B | 1.5B | 1.6B | |
Operating Income | 69.9M | 53.2M | 82.6M | 46.4M | 98.7M | 103.6M | |
Ebit | 69.9M | 45.0M | 107.7M | 93.8M | 103.3M | 108.5M | |
Ebitda | 229.2M | 199.7M | 278.4M | 278.5M | 292.8M | 307.4M | |
Total Operating Expenses | 80.6M | 60.5M | 87.6M | 115.9M | 268.9M | 282.3M | |
Income Before Tax | 29.7M | (854K) | 58.9M | 43.0M | 38.8M | 40.8M | |
Total Other Income Expense Net | (40.2M) | (36.5M) | (23.7M) | (3.4M) | (59.9M) | (56.9M) | |
Net Income | 23.4M | (1.7M) | 44.3M | 33.6M | 3.0M | 2.1M | |
Income Tax Expense | 6.2M | 895K | 14.6M | 9.4M | 8.5M | 8.9M | |
Selling General Administrative | 1.0B | 970.3M | 1.1B | 1.3B | 1.5B | 1.5B | |
Cost Of Revenue | 999.7M | 965.9M | 1.1B | 1.3B | 1.5B | 1.6B | |
Net Income Applicable To Common Shares | 14.8M | (14.8M) | 24.7M | 10.7M | 12.2M | 11.9M | |
Minority Interest | 8.7M | 92.6M | 19.6M | 23.0M | (25.3M) | (24.1M) | |
Net Income From Continuing Ops | 23.4M | (1.7M) | 44.3M | 33.6M | 29.3M | 19.7M | |
Non Recurring | 2.4M | 5.4M | 1.2M | 2.5M | 2.3M | 3.6M | |
Tax Provision | 6.2M | 895K | 14.6M | 9.4M | 10.0M | 9.3M | |
Net Interest Income | (48.0M) | (45.9M) | (48.8M) | (50.8M) | (63.3M) | (66.5M) | |
Reconciled Depreciation | 147.4M | 154.7M | 170.7M | 184.7M | 191.2M | 155.3M | |
Non Operating Income Net Other | 7.8M | 9.3M | 25.2M | 47.4M | 54.6M | 31.0M |
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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.