Reddit, Financials

RDDT Stock   141.64  0.95  0.68%   
Based on the key measurements obtained from Reddit,'s financial statements, Reddit, is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At this time, Reddit,'s Cash is comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 22.3 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 54.6 M in 2024. Key indicators impacting Reddit,'s financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio15.7511.078
Significantly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Reddit, includes many different criteria found on its balance sheet. An individual investor should monitor Reddit,'s cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Reddit,.

Net Income

(95.37 Million)

  

Reddit, Earnings Geography

Please note, the imprecision that can be found in Reddit,'s accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Reddit,. Check Reddit,'s Beneish M Score to see the likelihood of Reddit,'s management manipulating its earnings.

Reddit, Stock Summary

Reddit, competes with Aldel Financial, National Beverage, Bluerock Homes, Freedom Holding, and Willamette Valley. Reddit, is entity of United States. It is traded as Stock on NYSE exchange.
Specialization
Communication Services, Internet Content & Information
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS75734B1008
CUSIP75734B100
LocationCalifornia; U.S.A
Business Address303 2nd Street,
SectorInteractive Media & Services
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.redditinc.com
Phone(415) 494 8016

Reddit, Key Financial Ratios

Reddit, Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Reddit,'s current stock value. Our valuation model uses many indicators to compare Reddit, value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reddit, competition to find correlations between indicators driving Reddit,'s intrinsic value. More Info.
Reddit, 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 . At this time, Reddit,'s Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Reddit, by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Reddit, Systematic Risk

Reddit,'s systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Reddit, volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Reddit, correlated with the market. If Beta is less than 0 Reddit, generally moves in the opposite direction as compared to the market. If Reddit, Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Reddit, is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Reddit, is generally in the same direction as the market. If Beta > 1 Reddit, moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Reddit, Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Reddit,'s growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Reddit, growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.78

At this time, Reddit,'s Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Reddit, December 3, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Reddit, help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Reddit,. We use our internally-developed statistical techniques to arrive at the intrinsic value of Reddit, based on widely used predictive technical indicators. In general, we focus on analyzing Reddit, Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Reddit,'s daily price indicators and compare them against related drivers.

Additional Tools for Reddit, Stock Analysis

When running Reddit,'s price analysis, check to measure Reddit,'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 Reddit, is operating at the current time. Most of Reddit,'s value examination focuses on studying past and present price action to predict the probability of Reddit,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reddit,'s price. Additionally, you may evaluate how the addition of Reddit, to your portfolios can decrease your overall portfolio volatility.