RadNet Return On Equity from 2010 to 2024

RDNT Stock  USD 82.85  1.09  1.33%   
RadNet Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of RadNet Inc in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.00482642
Current Value
0.005068
Quarterly Volatility
9.02150129
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RadNet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RadNet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 199 M, Interest Expense of 36.6 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 1.44, Dividend Yield of 0.0013 or PTB Ratio of 3.68. RadNet financial statements analysis is a perfect complement when working with RadNet Valuation or Volatility modules.
  
Check out the analysis of RadNet Correlation against competitors.

Latest RadNet's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of RadNet Inc over the last few years. Return on Equity is the amount of RadNet Inc net income returned as a percentage of RadNet equity. Return on equity measures RadNet profitability by revealing how much profit RadNet Inc generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. RadNet's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RadNet's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.03210 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

RadNet Return On Equity Regression Statistics

Arithmetic Mean(3.29)
Geometric Mean0.13
Coefficient Of Variation(273.90)
Mean Deviation5.92
Median0.10
Standard Deviation9.02
Sample Variance81.39
Range26.8363
R-Value0.40
Mean Square Error73.47
R-Squared0.16
Significance0.14
Slope0.81
Total Sum of Squares1,139

RadNet Return On Equity History

2024 0.005068
2023 0.004826
2022 0.1
2021 0.19
2020 -0.0106
2018 0.25
2017 8.61E-4

About RadNet Financial Statements

RadNet shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although RadNet investors may analyze each financial statement separately, they are all interrelated. The changes in RadNet's assets and liabilities, for example, are also reflected in the revenues and expenses on on RadNet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.00  0.01 

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Additional Tools for RadNet Stock Analysis

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.