Radiant Pretax Profit Margin vs Operating Profit Margin Analysis

RLGT Stock  USD 7.09  0.02  0.28%   
Radiant Logistics financial indicator trend analysis is much more than just breaking down Radiant Logistics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Radiant Logistics is a good investment. Please check the relationship between Radiant Logistics Pretax Profit Margin and its Operating Profit Margin accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radiant Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Radiant Stock please use our How to Invest in Radiant Logistics guide.

Pretax Profit Margin vs Operating Profit Margin

Pretax Profit Margin vs Operating Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Radiant Logistics Pretax Profit Margin account and Operating Profit Margin. At this time, the significance of the direction appears to have strong relationship.
The correlation between Radiant Logistics' Pretax Profit Margin and Operating Profit Margin is 0.76. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Operating Profit Margin in the same time period over historical financial statements of Radiant Logistics, assuming nothing else is changed. The correlation between historical values of Radiant Logistics' Pretax Profit Margin and Operating Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of Radiant Logistics are associated (or correlated) with its Operating Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Profit Margin has no effect on the direction of Pretax Profit Margin i.e., Radiant Logistics' Pretax Profit Margin and Operating Profit Margin go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Pretax Profit Margin

Operating Profit Margin

Most indicators from Radiant Logistics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Radiant Logistics 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 Radiant Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Radiant Stock please use our How to Invest in Radiant Logistics guide.Sales General And Administrative To Revenue is likely to gain to 0.05 in 2024, whereas Selling General Administrative is likely to drop slightly above 37.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit215.3M181.6M140.2M108.8M
Total Revenue1.5B1.1B802.5M609.9M

Radiant Logistics fundamental ratios Correlations

-0.020.540.980.840.720.590.650.70.910.830.830.450.950.970.920.690.930.970.90.950.970.740.550.630.47
-0.020.00.03-0.07-0.12-0.030.00.0-0.09-0.11-0.01-0.070.020.04-0.09-0.070.05-0.07-0.060.03-0.02-0.01-0.07-0.12-0.21
0.540.00.470.70.280.750.650.610.480.450.220.240.380.460.510.830.380.590.60.430.570.830.710.040.28
0.980.030.470.770.720.510.550.610.850.790.860.380.980.980.850.620.980.910.870.980.90.680.450.640.4
0.84-0.070.70.770.460.860.810.810.840.810.540.450.70.770.870.910.70.860.790.740.870.710.860.440.5
0.72-0.120.280.720.460.220.290.310.590.490.890.420.820.680.580.360.780.710.640.740.650.420.250.710.34
0.59-0.030.750.510.860.220.820.830.510.450.320.00.450.580.570.970.420.580.560.50.610.660.97-0.030.31
0.650.00.650.550.810.290.820.990.610.570.450.180.530.620.650.840.430.660.790.470.690.810.770.140.36
0.70.00.610.610.810.310.830.990.610.560.520.10.590.690.650.840.50.670.820.550.70.810.760.140.36
0.91-0.090.480.850.840.590.510.610.610.960.630.710.780.811.00.620.790.950.790.790.960.650.530.680.48
0.83-0.110.450.790.810.490.450.570.560.960.520.750.710.740.950.570.760.860.760.730.880.630.470.650.43
0.83-0.010.220.860.540.890.320.450.520.630.520.240.950.860.630.420.880.770.790.850.720.490.280.690.35
0.45-0.070.240.380.450.420.00.180.10.710.750.240.330.260.680.140.390.590.410.310.590.260.10.750.4
0.950.020.380.980.70.820.450.530.590.780.710.950.330.970.790.550.970.880.860.960.860.630.40.690.39
0.970.040.460.980.770.680.580.620.690.810.740.860.260.970.820.670.950.890.870.980.880.710.510.530.39
0.92-0.090.510.850.870.580.570.650.651.00.950.630.680.790.820.660.790.960.80.80.970.670.580.660.49
0.69-0.070.830.620.910.360.970.840.840.620.570.420.140.550.670.660.540.690.680.610.70.770.950.080.37
0.930.050.380.980.70.780.420.430.50.790.760.880.390.970.950.790.540.860.810.980.830.580.380.680.36
0.97-0.070.590.910.860.710.580.660.670.950.860.770.590.880.890.960.690.860.880.870.990.740.570.690.52
0.9-0.060.60.870.790.640.560.790.820.790.760.790.410.860.870.80.680.810.880.80.870.850.50.570.47
0.950.030.430.980.740.740.50.470.550.790.730.850.310.960.980.80.610.980.870.80.850.610.460.590.39
0.97-0.020.570.90.870.650.610.690.70.960.880.720.590.860.880.970.70.830.990.870.850.740.590.650.52
0.74-0.010.830.680.710.420.660.810.810.650.630.490.260.630.710.670.770.580.740.850.610.740.560.190.32
0.55-0.070.710.450.860.250.970.770.760.530.470.280.10.40.510.580.950.380.570.50.460.590.560.020.31
0.63-0.120.040.640.440.71-0.030.140.140.680.650.690.750.690.530.660.080.680.690.570.590.650.190.020.45
0.47-0.210.280.40.50.340.310.360.360.480.430.350.40.390.390.490.370.360.520.470.390.520.320.310.45
Click cells to compare fundamentals

Radiant Logistics Account Relationship Matchups

Radiant Logistics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets300.0M357.2M497.4M393.7M371.2M209.5M
Short Long Term Debt Total36.6M68.4M72.9M69.2M58.0M52.8M
Other Current Liab2.4M17.1M6.9M31.2M12.3M13.0M
Total Current Liabilities93.7M126.4M187.7M132.2M110.5M79.0M
Total Stockholder Equity137.4M161.1M194.4M204.9M209.4M219.8M
Net Debt33.5M59.2M46.9M36.8M33.1M26.9M
Retained Earnings37.4M60.4M105.0M125.6M133.3M139.9M
Cash34.8M13.7M24.4M32.5M24.9M26.1M
Cash And Short Term Investments5.4M34.8M13.7M32.5M24.9M26.1M
Common Stock Shares Outstanding51.1M51.2M48.7M49.6M48.8M44.7M
Liabilities And Stockholders Equity267.7M300.0M357.2M393.7M371.2M191.7M
Non Current Liabilities Total68.1M69.5M115.1M56.5M51.2M43.1M
Other Stockholder Equity99.5M99.6M(796K)81.4M79.6M55.1M
Total Liab161.9M195.8M302.8M188.6M161.7M121.9M
Total Current Assets140.6M176.3M289.3M180.6M164.2M106.2M
Property Plant And Equipment Net31.3M63.2M65.9M82.2M75.4M79.2M
Accounts Payable65.0M103.7M137.9M84.6M73.6M63.7M
Non Current Assets Total159.5M180.9M208.0M213.2M207.0M108.6M
Non Currrent Assets Other4.8M3.8M5.3M5.2M2.6M2.7M
Net Receivables88.9M162.4M225.3M132.9M128.8M94.5M
Good Will72.2M72.6M88.2M89.2M93.0M47.7M
Other Current Assets16.8M17.5M17.3M30.4M10.6M8.1M
Property Plant And Equipment Gross31.3M63.2M65.9M82.2M119.5M125.5M
Accumulated Other Comprehensive Income187K445K1.1M(2.2M)(3.5M)(3.4M)
Intangible Assets51.2M41.4M48.5M36.6M34.9M35.5M
Current Deferred Revenue19.1M15.7M23.3M27.5M1.0M1.1M
Short Term Debt4.1M10.6M19.9M16M24.5M23.3M
Other Liab10.4M8.8M9.4M3.2M3.7M3.5M
Other Assets4.2M3.8M3.5M2.9M3.4M2.4M
Long Term Debt32.5M48.1M24M66.7M76.7M80.6M
Property Plant Equipment31.3M63.2M65.9M82.2M94.5M99.2M

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