Radiant Logistics Stock Current Asset
| RLGT Stock | USD 7.34 0.25 3.29% |
Radiant Logistics fundamentals help investors to digest information that contributes to Radiant Logistics' financial success or failures. It also enables traders to predict the movement of Radiant Stock. The fundamental analysis module provides a way to measure Radiant Logistics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Radiant Logistics stock.
Total Current Assets is likely to drop to about 106.2 M in 2024. Non Current Assets Total is likely to drop to about 108.6 M in 2024. Radiant | Current Asset |
Radiant Logistics Company Current Asset Analysis
Radiant Logistics' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Radiant Logistics Current Asset | 113.37 M |
Most of Radiant Logistics' fundamental indicators, such as Current Asset, 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, Radiant Logistics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Radiant Current Asset Historical Pattern
Today, most investors in Radiant Logistics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Radiant Logistics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Radiant Logistics current asset as a starting point in their analysis.
Radiant Logistics Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Radiant Total Assets
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In accordance with the recently published financial statements, Radiant Logistics has a Current Asset of 113.37 M. This is 90.61% lower than that of the Air Freight & Logistics sector and significantly higher than that of the Industrials industry. The current asset for all United States stocks is 98.79% higher than that of the company.
Radiant Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Radiant Logistics' direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Radiant Logistics could also be used in its relative valuation, which is a method of valuing Radiant Logistics by comparing valuation metrics of similar companies.Radiant Logistics is currently under evaluation in current asset category among its peers.
Radiant Logistics Current Valuation Drivers
We derive many important indicators used in calculating different scores of Radiant Logistics from analyzing Radiant Logistics' financial statements. These drivers represent accounts that assess Radiant Logistics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Radiant Logistics' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 194.9M | 345.7M | 367.8M | 323.8M | 256.9M | 18.5M | |
| Enterprise Value | 228.5M | 404.9M | 461.9M | 360.6M | 290.0M | 13.3M |
Radiant Logistics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Radiant Logistics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Radiant Logistics' managers, analysts, and investors.Environmental | Governance | Social |
Radiant Fundamentals
| Return On Equity | 0.0418 | ||||
| Return On Asset | 0.0157 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 402.08 M | ||||
| Shares Outstanding | 46.92 M | ||||
| Shares Owned By Insiders | 24.16 % | ||||
| Shares Owned By Institutions | 58.88 % | ||||
| Number Of Shares Shorted | 503.7 K | ||||
| Price To Earning | 24.32 X | ||||
| Price To Book | 1.68 X | ||||
| Price To Sales | 0.45 X | ||||
| Revenue | 802.47 M | ||||
| Gross Profit | 204.33 M | ||||
| EBITDA | 28.87 M | ||||
| Net Income | 8.2 M | ||||
| Cash And Equivalents | 40.05 M | ||||
| Cash Per Share | 0.83 X | ||||
| Total Debt | 57.98 M | ||||
| Debt To Equity | 0.86 % | ||||
| Current Ratio | 1.61 X | ||||
| Book Value Per Share | 4.64 X | ||||
| Cash Flow From Operations | 17.25 M | ||||
| Short Ratio | 5.29 X | ||||
| Earnings Per Share | 0.17 X | ||||
| Price To Earnings To Growth | 0.78 X | ||||
| Target Price | 9.33 | ||||
| Number Of Employees | 909 | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 356.09 M | ||||
| Total Asset | 371.19 M | ||||
| Retained Earnings | 133.28 M | ||||
| Working Capital | 53.75 M | ||||
| Current Asset | 113.37 M | ||||
| Current Liabilities | 96.51 M | ||||
| Net Asset | 371.19 M |
About Radiant Logistics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Radiant Logistics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Radiant Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Radiant Logistics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Radiant Stock Analysis
When running Radiant Logistics' price analysis, check to measure Radiant Logistics' 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 Radiant Logistics is operating at the current time. Most of Radiant Logistics' value examination focuses on studying past and present price action to predict the probability of Radiant Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radiant Logistics' price. Additionally, you may evaluate how the addition of Radiant Logistics to your portfolios can decrease your overall portfolio volatility.