Radiant Historical Cash Flow
| RLGT Stock | USD 5.29 0.12 2.22% |
Analysis of Radiant Logistics cash flow over time is an excellent tool to project Radiant Logistics future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Capital Expenditures of 9 M or Total Cash From Operating Activities of 30 M as it is a great indicator of Radiant Logistics ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Radiant Logistics 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 Radiant Logistics is a good buy for the upcoming year.
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About Radiant Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Radiant balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Radiant's non-liquid assets can be easily converted into cash.
Radiant Logistics Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most accounts from Radiant Logistics' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Radiant Logistics current financial condition. On the other hand, looking into the entire matrix of cash flow 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 Radiant Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more information on how to buy Radiant Stock please use our How to Invest in Radiant Logistics guide.At this time, Radiant Logistics' Depreciation is comparatively stable compared to the past year. Total Cash From Financing Activities is likely to gain to about 34.9 M in 2024, whereas Stock Based Compensation is likely to drop slightly above 1.5 M in 2024.
Radiant Logistics cash flow statement Correlations
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Radiant Logistics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Radiant Logistics cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (1.6M) | 29.4M | (21.1M) | 10.7M | 12.3M | 12.9M | |
| Free Cash Flow | 33.1M | 24.7M | 2.7M | 17.4M | 20.0M | 21.0M | |
| Change In Working Capital | 7.7M | (2.6M) | (21.9M) | (40.6M) | (36.5M) | (34.7M) | |
| Begin Period Cash Flow | 7.0M | 5.4M | 34.8M | 14.3M | 16.5M | 17.3M | |
| Other Non Cash Items | (1.4M) | 2.3M | (1.8M) | 2.0M | 2.3M | 2.5M | |
| Capital Expenditures | 6.7M | 5.2M | 11.4M | 7.5M | 8.6M | 9.0M | |
| Total Cash From Operating Activities | 39.8M | 29.9M | 14.1M | 24.9M | 28.6M | 30.0M | |
| Net Income | 12.4M | 23.5M | 44.5M | 45.5M | 52.3M | 54.9M | |
| End Period Cash Flow | 5.4M | 34.8M | 13.7M | 25.1M | 28.8M | 30.3M | |
| Sale Purchase Of Stock | (21.0M) | (2.5M) | (1.9M) | (11.3M) | (13.0M) | (12.4M) | |
| Stock Based Compensation | 1.6M | 1.7M | 1.1M | 1.8M | 1.6M | 1.5M | |
| Other Cashflows From Financing Activities | 589.2M | 4.3M | (2.3M) | 113.8M | 102.4M | 97.3M | |
| Depreciation | 15.2M | 16.6M | 16.6M | 18.7M | 21.5M | 22.6M | |
| Change To Account Receivables | 20.6M | (43.5M) | (69.1M) | (55.1M) | (49.6M) | (47.1M) | |
| Total Cash From Financing Activities | (35.1M) | 12.3M | (23.7M) | 28.9M | 33.3M | 34.9M | |
| Change To Netincome | 2.9M | (4.1M) | 2.4M | (401K) | (461.2K) | (438.1K) | |
| Change To Liabilities | (21.4M) | 24.1M | 26.4M | (53.9M) | (48.5M) | (46.1M) | |
| Dividends Paid | 1.3M | 625K | 1.4M | 343K | 308.7K | 293.3K | |
| Total Cashflows From Investing Activities | (14.1M) | (11.1M) | (45.7M) | (10.7M) | (9.6M) | (10.1M) | |
| Net Borrowings | 20.3M | (19.7M) | 42.4M | (67.5M) | (60.8M) | (57.7M) | |
| Investments | (14.1M) | (11.1M) | (45.7M) | (10.7M) | (9.6M) | (10.1M) | |
| Change To Operating Activities | (15.0M) | 5.4M | 2.3M | (1.9M) | (2.1M) | (2.3M) |
Pair Trading with Radiant Logistics
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 Radiant Logistics 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 Radiant Logistics will appreciate offsetting losses from the drop in the long position's value.Moving together with Radiant Stock
Moving against Radiant Stock
The ability to find closely correlated positions to Radiant Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Radiant Logistics 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 Radiant Logistics - 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 Radiant Logistics to buy it.
The correlation of Radiant Logistics 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 Radiant Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Radiant Logistics 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 Radiant Logistics 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.Additional Tools for Radiant Stock Analysis
When running Radiant Logistics' price analysis, check to measure Radiant Logistics' 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 Radiant Logistics is operating at the current time. Most of Radiant Logistics' value examination focuses on studying past and present price action to predict the probability of Radiant Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radiant Logistics' price. Additionally, you may evaluate how the addition of Radiant Logistics to your portfolios can decrease your overall portfolio volatility.