Radiant Net Income Per Share vs Price To Sales Ratio Analysis

RLGT Stock

USD 6.65 0.14 2.06%

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 Net Income Per Share and its Price To Sales Ratio 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.

Net Income Per Share vs Price To Sales Ratio

Net Income Per Share vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Radiant Logistics Net Income Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have very week relationship.

The correlation between Radiant Logistics' Net Income Per Share and Price To Sales Ratio is 0.21. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Price To Sales Ratio 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' Net Income Per Share and Price To Sales Ratio 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 Per Share of Radiant Logistics are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Net Income Per Share i.e., Radiant Logistics' Net Income Per Share and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Income Per Share

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Radiant Logistics stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Radiant Logistics sales, a figure that is much harder to manipulate than other Radiant Logistics multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

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 Profit	215.3M	181.6M	140.2M	108.8M
Total Revenue	1.5B	1.1B	802.5M	609.9M

Gross Profit Total Revenue

Radiant Logistics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Other Current Assets	Property Plant And Equipment Gross	Intangible Assets	Current Deferred Revenue
Total Assets		-0.02	0.76	0.98	0.84	0.72	0.59	0.65	0.7	0.91	0.83	0.83	0.45	0.95	0.97	0.92	0.69	0.93	0.97	0.9	0.95	0.97	0.84	0.55	0.63	0.47
Short Long Term Debt Total	-0.02		0.04	0.03	-0.07	-0.12	-0.03	0.0	0.0	-0.09	-0.11	-0.01	-0.07	0.02	0.04	-0.09	-0.07	0.05	-0.07	-0.07	0.03	-0.02	-0.02	-0.07	-0.12	-0.21
Other Current Liab	0.76	0.04		0.8	0.62	0.41	0.35	0.4	0.47	0.64	0.62	0.65	0.31	0.77	0.76	0.65	0.43	0.8	0.72	0.73	0.77	0.7	0.55	0.29	0.61	0.41
Total Current Liabilities	0.98	0.03	0.8		0.77	0.72	0.51	0.55	0.61	0.85	0.79	0.86	0.38	0.98	0.98	0.85	0.62	0.98	0.91	0.85	0.99	0.9	0.79	0.45	0.64	0.4
Total Stockholder Equity	0.84	-0.07	0.62	0.77		0.46	0.86	0.81	0.81	0.84	0.81	0.54	0.45	0.7	0.77	0.87	0.91	0.7	0.86	0.88	0.74	0.87	0.75	0.86	0.44	0.52
Net Debt	0.72	-0.12	0.41	0.72	0.46		0.22	0.29	0.31	0.59	0.49	0.89	0.42	0.82	0.68	0.58	0.36	0.75	0.71	0.61	0.72	0.65	0.54	0.25	0.71	0.34
Retained Earnings	0.59	-0.03	0.35	0.51	0.86	0.22		0.82	0.83	0.51	0.45	0.32	0.0	0.45	0.58	0.57	0.97	0.41	0.58	0.7	0.51	0.61	0.61	0.97	-0.03	0.33
Cash	0.65	0.0	0.4	0.55	0.81	0.29	0.82		0.99	0.61	0.57	0.45	0.18	0.53	0.62	0.65	0.84	0.44	0.66	0.86	0.48	0.69	0.8	0.77	0.14	0.38
Cash And Short Term Investments	0.7	0.0	0.47	0.61	0.81	0.31	0.83	0.99		0.61	0.56	0.52	0.1	0.59	0.69	0.65	0.84	0.51	0.67	0.88	0.56	0.7	0.83	0.76	0.14	0.37
Common Stock Total Equity	0.91	-0.09	0.64	0.85	0.84	0.59	0.51	0.61	0.61		0.96	0.63	0.71	0.78	0.81	1.0	0.62	0.79	0.95	0.82	0.79	0.96	0.77	0.53	0.68	0.49
Common Stock Shares Outstanding	0.83	-0.11	0.62	0.79	0.81	0.49	0.45	0.57	0.56	0.96		0.52	0.75	0.71	0.74	0.95	0.57	0.75	0.86	0.77	0.72	0.88	0.75	0.47	0.65	0.44
Non Current Liabilities Total	0.83	-0.01	0.65	0.86	0.54	0.89	0.32	0.45	0.52	0.63	0.52		0.24	0.95	0.86	0.63	0.42	0.89	0.77	0.75	0.86	0.72	0.65	0.28	0.69	0.34
Other Stockholder Equity	0.45	-0.07	0.31	0.38	0.45	0.42	0.0	0.18	0.1	0.71	0.75	0.24		0.33	0.26	0.68	0.14	0.37	0.59	0.4	0.3	0.59	0.3	0.1	0.75	0.4
Total Liab	0.95	0.02	0.77	0.98	0.7	0.82	0.45	0.53	0.59	0.78	0.71	0.95	0.33		0.97	0.79	0.55	0.98	0.88	0.84	0.97	0.86	0.76	0.4	0.69	0.39
Total Current Assets	0.97	0.04	0.76	0.98	0.77	0.68	0.58	0.62	0.69	0.81	0.74	0.86	0.26	0.97		0.82	0.67	0.95	0.89	0.86	0.98	0.88	0.83	0.51	0.53	0.39
Common Stock	0.92	-0.09	0.65	0.85	0.87	0.58	0.57	0.65	0.65	1.0	0.95	0.63	0.68	0.79	0.82		0.66	0.79	0.96	0.83	0.8	0.97	0.77	0.58	0.66	0.49
Property Plant And Equipment Net	0.69	-0.07	0.43	0.62	0.91	0.36	0.97	0.84	0.84	0.62	0.57	0.42	0.14	0.55	0.67	0.66		0.51	0.69	0.79	0.6	0.7	0.74	0.95	0.08	0.38
Accounts Payable	0.93	0.05	0.8	0.98	0.7	0.75	0.41	0.44	0.51	0.79	0.75	0.89	0.37	0.98	0.95	0.79	0.51		0.86	0.78	0.98	0.84	0.69	0.37	0.7	0.35
Non Current Assets Total	0.97	-0.07	0.72	0.91	0.86	0.71	0.58	0.66	0.67	0.95	0.86	0.77	0.59	0.88	0.89	0.96	0.69	0.86		0.89	0.87	0.99	0.8	0.57	0.69	0.52
Non Currrent Assets Other	0.9	-0.07	0.73	0.85	0.88	0.61	0.7	0.86	0.88	0.82	0.77	0.75	0.4	0.84	0.86	0.83	0.79	0.78	0.89		0.79	0.89	0.87	0.66	0.53	0.49
Net Receivables	0.95	0.03	0.77	0.99	0.74	0.72	0.51	0.48	0.56	0.79	0.72	0.86	0.3	0.97	0.98	0.8	0.6	0.98	0.87	0.79		0.85	0.73	0.45	0.6	0.39
Good Will	0.97	-0.02	0.7	0.9	0.87	0.65	0.61	0.69	0.7	0.96	0.88	0.72	0.59	0.86	0.88	0.97	0.7	0.84	0.99	0.89	0.85		0.8	0.59	0.65	0.52
Other Current Assets	0.84	-0.02	0.55	0.79	0.75	0.54	0.61	0.8	0.83	0.77	0.75	0.65	0.3	0.76	0.83	0.77	0.74	0.69	0.8	0.87	0.73	0.8		0.56	0.3	0.36
Property Plant And Equipment Gross	0.55	-0.07	0.29	0.45	0.86	0.25	0.97	0.77	0.76	0.53	0.47	0.28	0.1	0.4	0.51	0.58	0.95	0.37	0.57	0.66	0.45	0.59	0.56		0.02	0.34
Intangible Assets	0.63	-0.12	0.61	0.64	0.44	0.71	-0.03	0.14	0.14	0.68	0.65	0.69	0.75	0.69	0.53	0.66	0.08	0.7	0.69	0.53	0.6	0.65	0.3	0.02		0.45
Current Deferred Revenue	0.47	-0.21	0.41	0.4	0.52	0.34	0.33	0.38	0.37	0.49	0.44	0.34	0.4	0.39	0.39	0.49	0.38	0.35	0.52	0.49	0.39	0.52	0.36	0.34	0.45

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Radiant Logistics Account Relationship Matchups

Radiant Logistics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	300.0M	357.2M	497.4M	393.7M	371.2M	209.5M
Short Long Term Debt Total	36.6M	68.4M	72.9M	69.2M	58.0M	52.8M
Other Current Liab	2.4M	2.9M	6.9M	4.1M	2.4M	2.5M
Total Current Liabilities	93.7M	126.4M	187.7M	132.2M	110.5M	79.0M
Total Stockholder Equity	137.4M	161.1M	194.4M	204.9M	209.4M	219.8M
Net Debt	33.5M	59.2M	46.9M	36.8M	33.1M	26.9M
Retained Earnings	37.4M	60.4M	105.0M	125.6M	133.3M	139.9M
Cash	34.8M	13.7M	24.4M	32.5M	24.9M	26.1M
Cash And Short Term Investments	5.4M	34.8M	13.7M	32.5M	24.9M	26.1M
Common Stock Shares Outstanding	51.1M	51.2M	48.7M	49.6M	48.8M	44.7M
Liabilities And Stockholders Equity	267.7M	300.0M	357.2M	393.7M	371.2M	191.7M
Non Current Liabilities Total	68.1M	69.5M	115.1M	56.5M	51.2M	43.1M
Other Stockholder Equity	99.5M	99.6M	(796K)	81.4M	79.6M	55.1M
Total Liab	161.9M	195.8M	302.8M	188.6M	161.7M	121.9M
Total Current Assets	140.6M	176.3M	289.3M	180.6M	164.2M	106.2M
Property Plant And Equipment Net	31.3M	63.2M	65.9M	82.2M	75.4M	79.2M
Accounts Payable	65.0M	87.9M	137.9M	84.6M	73.6M	62.8M
Non Current Assets Total	159.5M	180.9M	208.0M	213.2M	207.0M	108.6M
Non Currrent Assets Other	4.8M	3.8M	5.3M	5.2M	3.6M	3.8M
Net Receivables	88.9M	145.1M	225.3M	132.9M	128.8M	93.5M
Good Will	72.2M	72.6M	88.2M	89.2M	93.0M	47.7M
Other Current Assets	16.8M	17.5M	17.3M	15.2M	10.6M	7.2M
Property Plant And Equipment Gross	31.3M	63.2M	65.9M	82.2M	119.5M	125.5M
Accumulated Other Comprehensive Income	187K	445K	1.1M	(2.2M)	(3.5M)	(3.4M)
Intangible Assets	51.2M	41.4M	48.5M	36.6M	34.9M	35.5M
Current Deferred Revenue	19.1M	15.7M	23.3M	27.5M	22.2M	23.4M
Short Term Debt	4.1M	10.6M	12.2M	16M	12.3M	11.7M
Other Liab	10.4M	8.8M	9.4M	3.2M	3.7M	3.5M
Other Assets	4.2M	3.8M	3.5M	2.9M	3.4M	2.4M
Long Term Debt	32.5M	48.1M	24M	66.7M	76.7M	80.6M
Property Plant Equipment	31.3M	63.2M	65.9M	82.2M	94.5M	99.2M

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