Radiant Logistics Balance Sheet Health
Financial Health criteria checks 6/6
Radiant Logistics has a total shareholder equity of $212.5M and total debt of $200.0K, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are $375.3M and $162.8M respectively. Radiant Logistics's EBIT is $9.4M making its interest coverage ratio 44.3. It has cash and short-term investments of $10.4M.
Key information
0.09%
Debt to equity ratio
US$200.00k
Debt
| Interest coverage ratio | 44.3x |
| Cash | US$10.45m |
| Equity | US$212.49m |
| Total liabilities | US$162.77m |
| Total assets | US$375.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3GT's short term assets ($157.8M) exceed its short term liabilities ($108.7M).
Long Term Liabilities: 3GT's short term assets ($157.8M) exceed its long term liabilities ($54.1M).
Debt to Equity History and Analysis
Debt Level: 3GT has more cash than its total debt.
Reducing Debt: 3GT's debt to equity ratio has reduced from 30% to 0.09% over the past 5 years.
Debt Coverage: 3GT's debt is well covered by operating cash flow (4787%).
Interest Coverage: 3GT's interest payments on its debt are well covered by EBIT (44.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 14:11 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Radiant Logistics, Inc. is covered by 12 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Sterling | BB&T Capital Markets |
| Kevin Sterling | Benchmark Company |
| Jeffrey Kauffman | Buckingham Research Group Inc. |