Rite Aid Consolidated Income Trend from 2010 to 2021

RAD -  USA Stock  

USD 15.28  0.12  0.79%

Rite Aid Consolidated Income is increasing over the years with slightly volatile fluctuation. Ongoing Consolidated Income is projected to grow to about 2 B this year. . Rite Aid Earning Before Interest and Taxes EBIT is projected to increase significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 741.99 Million. The current year Interest Expense is expected to grow to about 363.4 M, whereas Gross Profit is forecasted to decline to about 6.1 B.

Search Historical Trends 

 
Refresh
Check Rite Aid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rite Aid main balance sheet or income statement drivers, such as Direct Expenses of 19.2 B, Consolidated Income of 2 B or Cost of Revenue of 15.9 B, as well as many exotic indicators such as Interest Coverage of 0.39, Long Term Debt to Equity of 5.05 or PPandE Turnover of 20.22. Rite Aid financial statements analysis is a perfect complement when working with Rite Aid Valuation or Volatility modules. It can also supplement various Rite Aid Technical models. Additionally, take a look at the analysis of Rite Aid Correlation against competitors.

Rite Aid Consolidated Income Breakdown

Showing smoothed Consolidated Income of Rite Aid Corp with missing and latest data points interpolated. The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income Available to Non-controlling Interests.Rite Aid's Consolidated Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rite Aid's overall financial position and show how it may be relating to other accounts over time.
Consolidated Income10 Years Trend
Increasing
Slightly volatile
 Consolidated Income 
Share
      Timeline 

Rite Aid Consolidated Income Regression Statistics

Arithmetic Mean 1,112,474,641
Coefficient Of Variation 89.87
Mean Deviation 951,369,641
Median 1,898,255,700
Standard Deviation 999,793,257
Range 2,221,715,000
R-Value 0.87
R-Squared 0.75
Significance 0.00026812
Slope 240,205,508

Rite Aid Consolidated Income History

2010-112.5 M
2011249.4 M
2014165.5 M
20162.1 B
20201.9 B
2021B

About Rite Aid Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Rite Aid income statement, its balance sheet, and the statement of cash flows. Rite Aid investors use historical funamental indicators, such as Rite Aid's Consolidated Income, to determine how well the company is positioned to perform in the future. Although Rite Aid investors may use each financial statement separately, they are all related. The changes in Rite Aid's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Rite Aid's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Rite Aid Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Rite Aid. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Consolidated Income1.9 BB
Net Income Per Employee-1.8 K-5.7 K
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1962 and is headquartered in Camp Hill, Pennsylvania. Rite Aid operates under Pharmaceutical Retailers classification in the United States and is traded on New York Stock Exchange. It employs 50000 people.

Rite Aid Investors Sentiment

The influence of Rite Aid's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Rite Aid. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - RAD

Rite Aid Corp Investor Sentiment

Predominant part of Macroaxis users are at this time bullish on Rite Aid Corp. What is your perspective on investing in Rite Aid Corp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Currently Active Assets on Macroaxis

Additionally, take a look at the analysis of Rite Aid Correlation against competitors. Note that the Rite Aid Corp information on this page should be used as a complementary analysis to other Rite Aid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Rite Aid Stock analysis

When running Rite Aid Corp price analysis, check to measure Rite Aid'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 Rite Aid is operating at the current time. Most of Rite Aid's value examination focuses on studying past and present price action to predict the probability of Rite Aid's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Rite Aid's price. Additionally, you may evaluate how the addition of Rite Aid to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
The market value of Rite Aid Corp is measured differently than its book value, which is the value of Rite Aid that is recorded on the company's balance sheet. Investors also form their own opinion of Rite Aid's value that differs from its market value or its book value, called intrinsic value, which is Rite Aid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rite Aid's market value can be influenced by many factors that don't directly affect Rite Aid Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rite Aid's value and its price as these two are different measures arrived at by different means. Investors typically determine Rite Aid value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rite Aid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.