RadNet Net Income From Continuing Ops vs Ebitda Analysis

RDNT Stock

USD 56.73 1.01 1.81%

RadNet financial indicator trend analysis is much more than just breaking down RadNet Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RadNet Inc is a good investment. Please check the relationship between RadNet Net Income From Continuing Ops and its Ebitda accounts. 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Net Income From Continuing Ops vs Ebitda

Net Income From Continuing Ops vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RadNet Inc Net Income From Continuing Ops account and Ebitda. At this time, the significance of the direction appears to have strong relationship.

The correlation between RadNet's Net Income From Continuing Ops and Ebitda is 0.61. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Ebitda in the same time period over historical financial statements of RadNet Inc, assuming nothing else is changed. The correlation between historical values of RadNet's Net Income From Continuing Ops and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of RadNet Inc are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Net Income From Continuing Ops i.e., RadNet's Net Income From Continuing Ops and Ebitda go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income From Continuing Ops

Ebitda

Most indicators from RadNet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

At this time, RadNet's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 258.1 M in 2024, whereas Tax Provision is likely to drop slightly above 9.3 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	48.8M	50.8M	64.5M	36.6M
Depreciation And Amortization	182.2M	196.8M	189.5M	199.0M

Interest Expense Depreciation And Amortization

RadNet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.97	0.77	0.97	0.95	0.98	0.27	0.91	0.75	0.53	0.91	1.0	-0.03	0.91	0.37	0.98	-0.39	0.66	0.87	0.99	0.83	0.94	0.99	0.97	0.95	0.66
Short Long Term Debt Total	0.97		0.62	0.98	0.85	0.98	0.31	0.98	0.7	0.67	0.8	0.98	-0.09	0.8	0.46	0.96	-0.49	0.72	0.86	0.99	0.86	0.84	0.99	0.91	0.87	0.74
Other Current Liab	0.77	0.62		0.61	0.91	0.66	0.01	0.47	0.53	-0.12	0.94	0.73	0.29	0.94	0.07	0.72	-0.14	0.28	0.56	0.72	0.47	0.94	0.69	0.88	0.9	0.21
Total Current Liabilities	0.97	0.98	0.61		0.86	0.98	0.4	0.95	0.76	0.69	0.8	0.98	-0.11	0.8	0.41	0.97	-0.41	0.71	0.91	0.96	0.86	0.84	0.98	0.89	0.85	0.79
Total Stockholder Equity	0.95	0.85	0.91	0.86		0.88	0.15	0.74	0.77	0.27	0.97	0.93	0.07	0.97	0.21	0.92	-0.21	0.5	0.8	0.9	0.71	0.99	0.9	0.98	0.96	0.49
Property Plant And Equipment Net	0.98	0.98	0.66	0.98	0.88		0.35	0.95	0.77	0.62	0.85	0.99	-0.08	0.84	0.32	0.96	-0.33	0.64	0.9	0.98	0.81	0.87	0.98	0.94	0.87	0.75
Current Deferred Revenue	0.27	0.31	0.01	0.4	0.15	0.35		0.32	0.26	0.32	0.2	0.29	0.18	0.2	-0.11	0.25	-0.01	0.16	0.39	0.27	0.08	0.14	0.3	0.23	0.13	0.59
Net Debt	0.91	0.98	0.47	0.95	0.74	0.95	0.32		0.64	0.77	0.67	0.93	-0.16	0.67	0.52	0.91	-0.55	0.76	0.84	0.95	0.88	0.73	0.96	0.81	0.78	0.78
Retained Earnings	0.75	0.7	0.53	0.76	0.77	0.77	0.26	0.64		0.44	0.67	0.76	-0.04	0.67	0.04	0.76	0.12	0.41	0.83	0.68	0.61	0.68	0.71	0.72	0.62	0.67
Accounts Payable	0.53	0.67	-0.12	0.69	0.27	0.62	0.32	0.77	0.44		0.16	0.57	-0.53	0.15	0.55	0.58	-0.46	0.7	0.6	0.58	0.7	0.24	0.61	0.33	0.3	0.68
Cash	0.91	0.8	0.94	0.8	0.97	0.85	0.2	0.67	0.67	0.16		0.89	0.16	1.0	0.13	0.86	-0.17	0.42	0.71	0.87	0.6	0.98	0.86	0.97	0.95	0.43
Non Current Assets Total	1.0	0.98	0.73	0.98	0.93	0.99	0.29	0.93	0.76	0.57	0.89		-0.06	0.88	0.36	0.98	-0.38	0.66	0.89	0.99	0.84	0.92	0.99	0.96	0.92	0.69
Non Currrent Assets Other	-0.03	-0.09	0.29	-0.11	0.07	-0.08	0.18	-0.16	-0.04	-0.53	0.16	-0.06		0.16	-0.25	-0.08	0.0	-0.15	0.05	-0.05	-0.14	0.08	-0.07	0.09	0.08	0.04
Cash And Short Term Investments	0.91	0.8	0.94	0.8	0.97	0.84	0.2	0.67	0.67	0.15	1.0	0.88	0.16		0.13	0.86	-0.17	0.42	0.71	0.86	0.59	0.98	0.85	0.97	0.95	0.43
Net Receivables	0.37	0.46	0.07	0.41	0.21	0.32	-0.11	0.52	0.04	0.55	0.13	0.36	-0.25	0.13		0.39	-0.83	0.88	0.21	0.44	0.63	0.24	0.43	0.23	0.39	0.33
Good Will	0.98	0.96	0.72	0.97	0.92	0.96	0.25	0.91	0.76	0.58	0.86	0.98	-0.08	0.86	0.39		-0.42	0.65	0.9	0.97	0.88	0.91	0.98	0.93	0.92	0.65
Common Stock Total Equity	-0.39	-0.49	-0.14	-0.41	-0.21	-0.33	-0.01	-0.55	0.12	-0.46	-0.17	-0.38	0.0	-0.17	-0.83	-0.42		-0.69	-0.22	-0.48	-0.6	-0.27	-0.47	-0.26	-0.43	-0.23
Common Stock Shares Outstanding	0.66	0.72	0.28	0.71	0.5	0.64	0.16	0.76	0.41	0.7	0.42	0.66	-0.15	0.42	0.88	0.65	-0.69		0.57	0.69	0.78	0.5	0.7	0.52	0.6	0.65
Short Term Investments	0.87	0.86	0.56	0.91	0.8	0.9	0.39	0.84	0.83	0.6	0.71	0.89	0.05	0.71	0.21	0.9	-0.22	0.57		0.84	0.8	0.76	0.86	0.82	0.72	0.79
Non Current Liabilities Total	0.99	0.99	0.72	0.96	0.9	0.98	0.27	0.95	0.68	0.58	0.87	0.99	-0.05	0.86	0.44	0.97	-0.48	0.69	0.84		0.85	0.91	1.0	0.95	0.93	0.67
Other Current Assets	0.83	0.86	0.47	0.86	0.71	0.81	0.08	0.88	0.61	0.7	0.6	0.84	-0.14	0.59	0.63	0.88	-0.6	0.78	0.8	0.85		0.7	0.86	0.72	0.77	0.63
Other Stockholder Equity	0.94	0.84	0.94	0.84	0.99	0.87	0.14	0.73	0.68	0.24	0.98	0.92	0.08	0.98	0.24	0.91	-0.27	0.5	0.76	0.91	0.7		0.9	0.98	0.98	0.44
Total Liab	0.99	0.99	0.69	0.98	0.9	0.98	0.3	0.96	0.71	0.61	0.86	0.99	-0.07	0.85	0.43	0.98	-0.47	0.7	0.86	1.0	0.86	0.9		0.94	0.92	0.7
Property Plant And Equipment Gross	0.97	0.91	0.88	0.89	0.98	0.94	0.23	0.81	0.72	0.33	0.97	0.96	0.09	0.97	0.23	0.93	-0.26	0.52	0.82	0.95	0.72	0.98	0.94		0.96	0.57
Total Current Assets	0.95	0.87	0.9	0.85	0.96	0.87	0.13	0.78	0.62	0.3	0.95	0.92	0.08	0.95	0.39	0.92	-0.43	0.6	0.72	0.93	0.77	0.98	0.92	0.96		0.46
Short Term Debt	0.66	0.74	0.21	0.79	0.49	0.75	0.59	0.78	0.67	0.68	0.43	0.69	0.04	0.43	0.33	0.65	-0.23	0.65	0.79	0.67	0.63	0.44	0.7	0.57	0.46

Click cells to compare fundamentals

RadNet Account Relationship Matchups

RadNet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.8B	2.1B	2.4B	2.9B	3.0B
Short Long Term Debt Total	1.2B	1.2B	1.4B	1.5B	1.5B	1.6B
Other Current Liab	14.3M	14.0M	23.5M	23.1M	236.0M	247.8M
Total Current Liabilities	326.0M	398.1M	374.8M	466.7M	437.5M	459.3M
Total Stockholder Equity	151.7M	165.7M	228.9M	333.0M	630.7M	662.2M
Property Plant And Equipment Net	812.2M	883.0M	1.1B	1.2B	1.2B	1.3B
Current Deferred Revenue	1.3M	39.3M	10.7M	4.0M	4.6M	6.7M
Net Debt	1.1B	1.1B	1.3B	1.4B	1.1B	1.2B
Retained Earnings	(103.2M)	(118.0M)	(93.3M)	(82.6M)	(79.6M)	(83.6M)
Accounts Payable	206.2M	236.7M	263.9M	369.6M	122.9M	95.8M
Cash	40.2M	102.0M	134.6M	127.8M	342.6M	359.7M
Non Current Assets Total	1.4B	1.5B	1.7B	2.1B	2.3B	2.4B
Non Currrent Assets Other	38.6M	38.8M	38.2M	(160.9M)	48.0M	50.4M
Cash And Short Term Investments	40.2M	102.0M	134.6M	127.8M	342.6M	359.7M
Net Receivables	156.0M	135.4M	140.4M	185.3M	189.0M	99.6M
Good Will	441.0M	472.9M	513.8M	677.7M	679.5M	811.6M
Common Stock Shares Outstanding	50.2M	50.9M	53.4M	57.3M	64.7M	38.4M
Liabilities And Stockholders Equity	1.6B	1.8B	2.1B	2.4B	2.9B	3.0B
Non Current Liabilities Total	1.1B	1.1B	1.3B	1.5B	1.6B	1.7B
Other Current Assets	43.6M	33.0M	49.2M	54.0M	47.7M	50.0M
Other Stockholder Equity	262.9M	307.8M	342.6M	436.3M	722.8M	758.9M
Total Liab	1.4B	1.5B	1.7B	1.9B	2.1B	2.2B
Property Plant And Equipment Gross	812.2M	883.0M	1.1B	1.2B	2.0B	2.1B
Total Current Assets	241.8M	270.4M	324.3M	367.2M	579.3M	608.2M
Short Term Debt	104.2M	108.2M	76.6M	70.0M	74.0M	44.0M
Intangible Assets	43.0M	52.4M	56.6M	106.2M	90.6M	48.6M
Other Liab	9.5M	53.5M	16.4M	32.3M	37.1M	21.6M
Other Assets	73.1M	73.4M	53.0M	55.5M	63.8M	67.0M
Long Term Debt	652.7M	612.9M	743.5M	839.3M	812.1M	852.7M
Accumulated Other Comprehensive Income	(8.0M)	(24.1M)	(20.4M)	(20.7M)	(12.5M)	(13.1M)
Property Plant Equipment	366.7M	883.0M	1.1B	566.0M	650.9M	683.4M
Net Tangible Assets	(332.3M)	(359.5M)	(341.5M)	(450.9M)	(405.8M)	(385.5M)
Noncontrolling Interest In Consolidated Entity	81.5M	92.6M	117.3M	158.5M	182.2M	191.3M
Retained Earnings Total Equity	(103.2M)	(118.0M)	(93.3M)	(82.6M)	(74.4M)	(78.1M)
Long Term Debt Total	652.7M	612.9M	743.5M	839.3M	965.2M	1.0B

RadNet Investors Sentiment

The influence of RadNet'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 RadNet. 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 market does not have solid backing from leading economists and market statisticians.

Investor biases related to RadNet's public news can be used to forecast risks associated with an investment in RadNet. The trend in average sentiment can be used to explain how an investor holding RadNet can time the market purely based on public headlines and social activities around RadNet Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

RadNet's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for RadNet's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average RadNet's news discussions. The higher the estimated score, the more favorable is the investor's outlook on RadNet.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards RadNet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, RadNet's short interest history, or implied volatility extrapolated from RadNet options trading.

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When determining whether RadNet Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if RadNet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Radnet Inc Stock. Highlighted below are key reports to facilitate an investment decision about Radnet Inc Stock:

How To Invest In RadNet

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What is RadNet's Net Worth?

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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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.

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Is RadNet'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 RadNet. If investors know RadNet 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 RadNet 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

Earnings Share

0.37

Revenue Per Share

24.936

Quarterly Revenue Growth

0.105

Return On Assets

0.0235

The market value of RadNet Inc is measured differently than its book value, which is the value of RadNet that is recorded on the company's balance sheet. Investors also form their own opinion of RadNet's value that differs from its market value or its book value, called intrinsic value, which is RadNet'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 RadNet's market value can be influenced by many factors that don't directly affect RadNet'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 RadNet's value and its price as these two are different measures arrived at by different means. Investors typically determine if RadNet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RadNet'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.

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RadNet Net Income From Continuing Ops vs Ebitda Analysis

Net Income From Continuing Ops vs Ebitda

Net Income From Continuing Ops vs Ebitda Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Ebitda

RadNet fundamental ratios Correlations

RadNet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RadNet fundamental ratios Accounts

RadNet Investors Sentiment

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Common Stock Total Equity	- 0.83	Net Receivables
Common Stock Shares Outstanding	- 0.69	Common Stock Total Equity
Other Current Assets	- 0.6	Common Stock Total Equity
Common Stock Total Equity	- 0.55	Net Debt
Non Currrent Assets Other	- 0.53	Accounts Payable
Common Stock Total Equity	- 0.49	Short Long Term Debt Total