Radiant Story

RLGT -- USA Stock

USD 6.44 0.07 1.10%

Macroaxis Story

Radiant Logistics Working Capital is comparatively stable at the moment as compared to the past year. Radiant Logistics reported Working Capital of 4.63 Million in 2019. Interest Coverage is likely to gain to 10.31 in 2020, whereas Invested Capital is likely to drop slightly above 24.1 M in 2020. If you have been following Radiant you may be considering acquiring. Let's check if stable basic indicators will continue to push the price to gain for Radiant Logistics' private investors. Radiant Logistics probability of financial unrest is under 11 percent. Will Radiant Logistics private investors continue to trade in October?

Published over three months ago

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Does Radiant Logistics (AMEX:RLGT) have stable basic indicators based on the newest gain?

Radiant Logistics appears to be slightly risky, given 1 month investment horizon. Radiant Logistics maintains Sharpe Ratio (i.e. Efficiency) of 0.18, which implies the firm had 0.18% of return per unit of risk over the last month. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By analyzing Radiant Logistics technical indicators you can presently evaluate if the expected return of 0.52% is justified by implied risk. Please employ Radiant Logistics Risk Adjusted Performance of 0.1009, coefficient of variation of 1187.22, and Semi Deviation of 3.02 to confirm if our risk estimates are consistent with your expectations.

Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Radiant Logistics income statement, its balance sheet, and the statement of cash flows. Potential Radiant Logistics investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Radiant Logistics investors may use each financial statement separately, they are all related. The changes in Radiant Logistics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Radiant Logistics'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. Please read more on our technical analysis and fundamental analysis pages. The goal of Radiant Logistics fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Radiant Logistics performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Radiant Logistics shares is the value that is considered the true value of the share. If the intrinsic value Radiant is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Radiant Logistics. Please read more on our fundamental analysis page.

What is Radiant Asset Breakdown?

Radiant Logistics reports assets on its Balance Sheet. It represents the amount of Radiant resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Radiant volatility, please check the breakdown of all its fundamentals

How Radiant utilizes its cash?

To perform a cash flow analysis of Radiant Logistics, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Radiant Logistics is receiving and how much cash it distributes out in a given period. The Radiant Logistics cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Radiant Logistics Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. Radiant Logistics reported Net Cash Flow from Operations of 26.89 Million in 2020

Radiant Logistics Gross Profit

Radiant Logistics Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Radiant Logistics previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Radiant Logistics Gross Profit growth over the last 10 years. Please check Gross Profit in more details.

Breaking down Radiant Logistics Indicators

Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Radiant Logistics is not uncomon. Institutional investor usually refers to an organization that invests money in Radiant Logistics on behalf of clients or other money managers. Buying and selling of large positions of Radiant Logistics stock by institutional investors can create supply and demand imbalances that result in sudden price moves of Radiant Logistics stock. Let's take a look at how the ownership of Radiant is distributed among investors.

Ownership Allocation

Radiant Logistics owns a total of fourty-nine million four hundred thousand outstanding shares. Over half of Radiant Logistics outstanding shares are owned by third-party entities. These third-party entities are typically referred to corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Radiant Logistics. Please watch out for any change in the institutional holdings of Radiant Logistics as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.

Retail Investors

16.56%

Insiders

28.01%

Institutions

55.43%

	Retail Investors	16.56
	Insiders	28.01
	Institutions	55.43

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Radiant Logistics has an asset utilization ratio of 297.7 percent. This implies that the company is making $2.98 for each dollar of assets. An increasing asset utilization means that Radiant Logistics is more efficient with each dollar of assets it utilizes for everyday operations.

Current Assets

98.1 M

Goodwill

130.9 M

Current Assets	98.05 Million	42.69
Assets Non Current	14,693.05	0.006397
Goodwill	130.93 Million	57.0
Tax Assets	709,638	0.31

Will price continue to gain in October 2020?

Newest semi variance is at 9.14. Radiant Logistics shows above-average downside volatility for the selected time horizon. We advise investors to inspect Radiant Logistics further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Radiant Logistics future alpha.

Our Final Take On Radiant Logistics

Whereas some other firms within the integrated freight & logistics industry are still a little expensive, even after the recent corrections, Radiant Logistics may offer a potential longer-term growth to private investors. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither take over nor sell any shares of Radiant Logistics at this time. The Radiant Logistics risk-reward trade off is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Radiant Logistics.

About Contributor

Ellen Johnson is a Member of Macroaxs Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Radiant Logistics. Please refer to our Terms of Use for any information regarding our disclosure principles.

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