Rite Financial Statements From 2010 to 2024
| RTA1 Stock | EUR 0.20 0.00 0.00% |
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's main balance sheet or income statement drivers, such as , as well as many indicators such as . Rite financial statements analysis is a perfect complement when working with Rite Aid Valuation or Volatility modules.
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Rite Aid Company Return On Equity Analysis
Rite Aid's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Rite Aid Return On Equity | -26.29 |
Most of Rite Aid's fundamental indicators, such as Return On Equity, 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, Rite Aid is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Rite Aid has a Return On Equity of -26.2885. This is 9.67% higher than that of the Healthcare sector and significantly lower than that of the Pharmaceutical Retailers industry. The return on equity for all Germany stocks is notably higher than that of the company.
Rite Aid Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rite Aid's current stock value. Our valuation model uses many indicators to compare Rite Aid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rite Aid competition to find correlations between indicators driving Rite Aid's intrinsic value. More Info.Rite Aid is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rite Aid's earnings, one of the primary drivers of an investment's value.About Rite Aid Financial Statements
Rite Aid stakeholders use historical fundamental indicators, such as Rite Aid's revenue or net income, to determine how well the company is positioned to perform in the future. Although Rite Aid investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rite Aid's assets and liabilities are reflected in the revenues and expenses on Rite Aid's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Rite Aid. Please read more on our technical analysis and fundamental analysis pages.
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 Germany and is traded on Frankfurt Stock Exchange. It employs 50000 people.
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Other Information on Investing in Rite Stock
Rite Aid financial ratios help investors to determine whether Rite Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rite with respect to the benefits of owning Rite Aid security.