RadNet Net Income vs Other Non Cash Items Analysis

RDNT Stock

USD 71.51 1.36 1.94%

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 and its Other Non Cash Items 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RadNet Inc Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between RadNet's Net Income and Other Non Cash Items is -0.26. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items 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 and Other Non Cash Items 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 of RadNet Inc are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., RadNet's Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in RadNet Inc financial statement analysis. It represents the amount of money remaining after all of RadNet Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Non Cash Items

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 closely tied 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 296.8 M in 2025, whereas Enterprise Value Over EBITDA is likely to drop 10.78 in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	50.8M	64.5M	74.2M	77.9M
Depreciation And Amortization	184.7M	189.5M	217.9M	228.8M

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		0.99	0.95	0.98	0.95	0.99	0.22	0.94	0.73	0.17	0.92	1.0	0.03	0.92	0.77	0.97	-0.38	0.7	0.87	0.99	0.88	0.94	0.99	0.97	0.95	0.6
Short Long Term Debt Total	0.99		0.92	0.98	0.89	0.99	0.25	0.98	0.7	0.2	0.86	0.99	0.0	0.86	0.77	0.96	-0.45	0.72	0.86	1.0	0.89	0.88	1.0	0.93	0.9	0.67
Other Current Liab	0.95	0.92		0.93	0.91	0.95	0.34	0.86	0.73	-0.12	0.9	0.95	-0.04	0.9	0.6	0.9	-0.21	0.61	0.8	0.93	0.75	0.9	0.93	0.93	0.89	0.64
Total Current Liabilities	0.98	0.98	0.93		0.89	0.98	0.34	0.96	0.76	0.19	0.85	0.99	-0.02	0.85	0.73	0.98	-0.39	0.71	0.91	0.98	0.89	0.87	0.99	0.92	0.89	0.72
Total Stockholder Equity	0.95	0.89	0.91	0.89		0.91	0.1	0.79	0.72	0.08	0.98	0.93	0.14	0.98	0.71	0.89	-0.2	0.61	0.78	0.89	0.77	0.99	0.89	0.99	0.98	0.39
Property Plant And Equipment Net	0.99	0.99	0.95	0.98	0.91		0.29	0.96	0.76	0.11	0.88	0.99	0.01	0.88	0.68	0.96	-0.32	0.67	0.89	0.98	0.85	0.9	0.99	0.95	0.9	0.69
Current Deferred Revenue	0.22	0.25	0.34	0.34	0.1	0.29		0.28	0.24	-0.34	0.14	0.25	0.17	0.14	-0.09	0.23	-0.01	0.11	0.37	0.24	0.06	0.09	0.27	0.17	0.08	0.7
Net Debt	0.94	0.98	0.86	0.96	0.79	0.96	0.28		0.67	0.27	0.74	0.96	-0.08	0.74	0.76	0.94	-0.52	0.72	0.86	0.98	0.9	0.78	0.98	0.84	0.82	0.74
Retained Earnings	0.73	0.7	0.73	0.76	0.72	0.76	0.24	0.67		0.05	0.64	0.75	-0.02	0.64	0.3	0.75	0.11	0.48	0.82	0.68	0.64	0.64	0.7	0.69	0.6	0.65
Accounts Payable	0.17	0.2	-0.12	0.19	0.08	0.11	-0.34	0.27	0.05		-0.01	0.17	0.1	-0.02	0.49	0.22	-0.63	0.54	0.25	0.2	0.45	0.08	0.2	0.07	0.15	0.05
Cash	0.92	0.86	0.9	0.85	0.98	0.88	0.14	0.74	0.64	-0.01		0.89	0.22	1.0	0.67	0.84	-0.18	0.57	0.71	0.86	0.69	0.99	0.86	0.98	0.97	0.35
Non Current Assets Total	1.0	0.99	0.95	0.99	0.93	0.99	0.25	0.96	0.75	0.17	0.89		0.0	0.89	0.74	0.98	-0.37	0.7	0.89	0.99	0.88	0.92	0.99	0.95	0.92	0.65
Non Currrent Assets Other	0.03	0.0	-0.04	-0.02	0.14	0.01	0.17	-0.08	-0.02	0.1	0.22	0.0		0.22	-0.01	-0.05	-0.01	-0.01	0.08	-0.01	-0.05	0.16	-0.01	0.16	0.16	-0.1
Cash And Short Term Investments	0.92	0.86	0.9	0.85	0.98	0.88	0.14	0.74	0.64	-0.02	1.0	0.89	0.22		0.66	0.84	-0.17	0.56	0.71	0.86	0.69	0.99	0.86	0.98	0.97	0.35
Net Receivables	0.77	0.77	0.6	0.73	0.71	0.68	-0.09	0.76	0.3	0.49	0.67	0.74	-0.01	0.66		0.76	-0.77	0.71	0.51	0.79	0.84	0.74	0.78	0.71	0.82	0.25
Good Will	0.97	0.96	0.9	0.98	0.89	0.96	0.23	0.94	0.75	0.22	0.84	0.98	-0.05	0.84	0.76		-0.42	0.66	0.9	0.96	0.91	0.88	0.97	0.91	0.89	0.63
Common Stock Total Equity	-0.38	-0.45	-0.21	-0.39	-0.2	-0.32	-0.01	-0.52	0.11	-0.63	-0.18	-0.37	-0.01	-0.17	-0.77	-0.42		-0.59	-0.23	-0.48	-0.57	-0.25	-0.46	-0.25	-0.37	-0.21
Common Stock Shares Outstanding	0.7	0.72	0.61	0.71	0.61	0.67	0.11	0.72	0.48	0.54	0.57	0.7	-0.01	0.56	0.71	0.66	-0.59		0.6	0.72	0.74	0.6	0.72	0.62	0.66	0.55
Short Term Investments	0.87	0.86	0.8	0.91	0.78	0.89	0.37	0.86	0.82	0.25	0.71	0.89	0.08	0.71	0.51	0.9	-0.23	0.6		0.85	0.83	0.74	0.87	0.8	0.72	0.75
Non Current Liabilities Total	0.99	1.0	0.93	0.98	0.89	0.98	0.24	0.98	0.68	0.2	0.86	0.99	-0.01	0.86	0.79	0.96	-0.48	0.72	0.85		0.89	0.89	1.0	0.93	0.91	0.65
Other Current Assets	0.88	0.89	0.75	0.89	0.77	0.85	0.06	0.9	0.64	0.45	0.69	0.88	-0.05	0.69	0.84	0.91	-0.57	0.74	0.83	0.89		0.76	0.9	0.78	0.81	0.57
Other Stockholder Equity	0.94	0.88	0.9	0.87	0.99	0.9	0.09	0.78	0.64	0.08	0.99	0.92	0.16	0.99	0.74	0.88	-0.25	0.6	0.74	0.89	0.76		0.89	0.99	0.99	0.35
Total Liab	0.99	1.0	0.93	0.99	0.89	0.99	0.27	0.98	0.7	0.2	0.86	0.99	-0.01	0.86	0.78	0.97	-0.46	0.72	0.87	1.0	0.9	0.89		0.93	0.91	0.67
Property Plant And Equipment Gross	0.97	0.93	0.93	0.92	0.99	0.95	0.17	0.84	0.69	0.07	0.98	0.95	0.16	0.98	0.71	0.91	-0.25	0.62	0.8	0.93	0.78	0.99	0.93		0.97	0.46
Total Current Assets	0.95	0.9	0.89	0.89	0.98	0.9	0.08	0.82	0.6	0.15	0.97	0.92	0.16	0.97	0.82	0.89	-0.37	0.66	0.72	0.91	0.81	0.99	0.91	0.97		0.36
Short Term Debt	0.6	0.67	0.64	0.72	0.39	0.69	0.7	0.74	0.65	0.05	0.35	0.65	-0.1	0.35	0.25	0.63	-0.21	0.55	0.75	0.65	0.57	0.35	0.67	0.46	0.36

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RadNet Account Relationship Matchups

RadNet fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.8B	2.1B	2.4B	2.7B	3.1B	3.2B
Short Long Term Debt Total	1.2B	1.4B	1.5B	1.5B	1.7B	1.8B
Other Current Liab	166.5M	208.7M	232.4M	236.0M	271.4M	284.9M
Total Current Liabilities	398.1M	374.8M	466.7M	437.5M	503.1M	528.2M
Total Stockholder Equity	165.7M	228.9M	333.0M	630.7M	725.3M	761.6M
Property Plant And Equipment Net	883.0M	1.1B	1.2B	1.2B	1.4B	1.4B
Current Deferred Revenue	39.3M	10.7M	4.0M	4.6M	4.2M	6.7M
Net Debt	1.1B	1.3B	1.4B	1.1B	1.3B	1.4B
Retained Earnings	(118.0M)	(93.3M)	(82.6M)	(79.6M)	(91.5M)	(96.1M)
Accounts Payable	70.1M	86.5M	102.7M	122.9M	141.3M	72.6M
Cash	102.0M	134.6M	127.8M	342.6M	394.0M	413.7M
Non Current Assets Total	1.5B	1.7B	2.1B	2.1B	2.4B	2.5B
Non Currrent Assets Other	38.8M	38.2M	(160.9M)	48.0M	43.2M	45.3M
Cash And Short Term Investments	102.0M	134.6M	127.8M	342.6M	394.0M	413.7M
Net Receivables	135.4M	140.4M	185.3M	189.0M	217.4M	228.3M
Good Will	472.9M	513.8M	677.7M	679.5M	611.5M	811.6M
Common Stock Shares Outstanding	50.9M	53.4M	57.3M	64.7M	74.4M	38.4M
Liabilities And Stockholders Equity	1.8B	2.1B	2.4B	2.7B	3.1B	3.2B
Non Current Liabilities Total	1.1B	1.3B	1.5B	1.4B	1.7B	1.7B
Other Current Assets	33.0M	49.2M	54.0M	47.7M	54.8M	57.5M
Other Stockholder Equity	307.8M	342.6M	436.3M	722.8M	831.2M	872.7M
Total Liab	1.5B	1.7B	1.9B	1.9B	2.2B	2.3B
Property Plant And Equipment Gross	883.0M	1.1B	1.2B	2.0B	2.3B	2.5B
Total Current Assets	270.4M	324.3M	367.2M	579.3M	666.2M	699.5M
Short Term Debt	176.5M	142.1M	127.6M	74.0M	85.0M	51.3M
Intangible Assets	52.4M	56.6M	106.2M	90.6M	104.2M	109.4M
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	612.9M	743.5M	839.3M	812.1M	933.9M	980.6M
Accumulated Other Comprehensive Income	(24.1M)	(20.4M)	(20.7M)	(12.5M)	(14.4M)	(15.1M)
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

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