Reading International B Stock Shares Outstanding
RDIB Stock | USD 14.52 0.51 3.64% |
Reading International B fundamentals help investors to digest information that contributes to Reading International's financial success or failures. It also enables traders to predict the movement of Reading Stock. The fundamental analysis module provides a way to measure Reading International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Reading International stock.
As of March 28, 2024, Common Stock Shares Outstanding is expected to decline to about 15.8 M. Reading | Shares Outstanding |
Reading Shares Outstanding Analysis
Reading International's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
More About Shares Outstanding | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 139.1M | 203.1M | 224.6M | 162.9M | Interest Expense | 13.7M | 14.4M | 18.2M | 27.6M |
Shares Outstanding | = | Public Shares | - | Repurchased |
Current Reading International Shares Outstanding | 1.68 M |
Most of Reading International's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reading International B is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Reading Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Reading International is extremely important. It helps to project a fair market value of Reading Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Reading International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Reading International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Reading International's interrelated accounts and indicators.
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition |
Reading Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Reading International B has 1.68 M of shares currently outstending. This is 99.96% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The shares outstanding for all United States stocks is 99.71% higher than that of the company.
Reading Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reading International's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reading International could also be used in its relative valuation, which is a method of valuing Reading International by comparing valuation metrics of similar companies.Reading International is currently under evaluation in shares outstanding category among related companies.
Reading Fundamentals
Return On Equity | -0.58 | ||||
Return On Asset | -0.015 | ||||
Profit Margin | (0.14) % | ||||
Operating Margin | 0.02 % | ||||
Current Valuation | 464.21 M | ||||
Shares Outstanding | 1.68 M | ||||
Shares Owned By Insiders | 82.19 % | ||||
Shares Owned By Institutions | 9.96 % | ||||
Number Of Shares Shorted | 5.75 K | ||||
Price To Earning | 36.88 X | ||||
Price To Book | 7.43 X | ||||
Price To Sales | 0.28 X | ||||
Revenue | 224.63 M | ||||
Gross Profit | 6.05 M | ||||
EBITDA | 7.18 M | ||||
Net Income | (31.51 M) | ||||
Cash And Equivalents | 51.39 M | ||||
Cash Per Share | 2.33 X | ||||
Total Debt | 443.61 M | ||||
Debt To Equity | 5.62 % | ||||
Current Ratio | 0.49 X | ||||
Book Value Per Share | 1.89 X | ||||
Cash Flow From Operations | (6.6 M) | ||||
Short Ratio | 1.41 X | ||||
Earnings Per Share | (1.42) X | ||||
Number Of Employees | 2.02 K | ||||
Beta | 1.59 | ||||
Market Capitalization | 62.61 M | ||||
Total Asset | 587.05 M | ||||
Retained Earnings | (48.82 M) | ||||
Working Capital | (74.15 M) | ||||
Z Score | 0.24 | ||||
Net Asset | 587.05 M |
About Reading International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reading International B's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reading International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reading International B based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Common Stock Shares Outstanding | 26.4 M | 15.8 M |
Currently Active Assets on Macroaxis
When determining whether Reading International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Reading International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Reading International B Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reading International B Stock:Check out Reading International Piotroski F Score and Reading International Altman Z Score analysis. For information on how to trade Reading Stock refer to our How to Trade Reading Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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When running Reading International's price analysis, check to measure Reading International'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 Reading International is operating at the current time. Most of Reading International's value examination focuses on studying past and present price action to predict the probability of Reading International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reading International's price. Additionally, you may evaluate how the addition of Reading International to your portfolios can decrease your overall portfolio volatility.
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Is Reading International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reading International. If investors know Reading will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reading International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Earnings Share (1.42) | Revenue Per Share 10.133 | Quarterly Revenue Growth 0.3 | Return On Assets (0.01) |
The market value of Reading International is measured differently than its book value, which is the value of Reading that is recorded on the company's balance sheet. Investors also form their own opinion of Reading International's value that differs from its market value or its book value, called intrinsic value, which is Reading International'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 Reading International's market value can be influenced by many factors that don't directly affect Reading International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reading International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reading International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reading International'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.