RadNet Balance Sheet Health
Financial Health criteria checks 3/6
RadNet has a total shareholder equity of $813.4M and total debt of $830.0M, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are $2.7B and $1.9B respectively. RadNet's EBIT is $97.0M making its interest coverage ratio 1.3. It has cash and short-term investments of $342.6M.
Key information
102.1%
Debt to equity ratio
US$830.04m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$342.57m |
| Equity | US$813.36m |
| Total liabilities | US$1.88b |
| Total assets | US$2.69b |
Recent financial health updates
We Think RadNet (NASDAQ:RDNT) Can Stay On Top Of Its Debt
Dec 04
RadNet (NASDAQ:RDNT) Takes On Some Risk With Its Use Of Debt
Aug 09We Think RadNet (NASDAQ:RDNT) Is Taking Some Risk With Its Debt
Mar 30RadNet (NASDAQ:RDNT) Has A Somewhat Strained Balance Sheet
Dec 12Here's Why RadNet (NASDAQ:RDNT) Has A Meaningful Debt Burden
Aug 12Is RadNet (NASDAQ:RDNT) A Risky Investment?
May 11Recent updates
Are RadNet, Inc. (NASDAQ:RDNT) Investors Paying Above The Intrinsic Value?
Apr 08RadNet, Inc.'s (NASDAQ:RDNT) 26% Price Boost Is Out Of Tune With Revenues
Mar 06Why RadNet, Inc. (NASDAQ:RDNT) Could Be Worth Watching
Feb 08RadNet, Inc. Stock Price Is More Vigorous Than Its Valuation
Jan 28Getting In Cheap On RadNet, Inc. (NASDAQ:RDNT) Might Be Difficult
Dec 28We Think RadNet (NASDAQ:RDNT) Can Stay On Top Of Its Debt
Dec 04RadNet (NASDAQ:RDNT) Might Be Having Difficulty Using Its Capital Effectively
Aug 27RadNet (NASDAQ:RDNT) Takes On Some Risk With Its Use Of Debt
Aug 09We Think RadNet (NASDAQ:RDNT) Is Taking Some Risk With Its Debt
Mar 30RadNet (NASDAQ:RDNT) Will Want To Turn Around Its Return Trends
Feb 19RadNet (NASDAQ:RDNT) Has A Somewhat Strained Balance Sheet
Dec 12An Intrinsic Calculation For RadNet, Inc. (NASDAQ:RDNT) Suggests It's 41% Undervalued
Nov 26RadNet JV acquires Montclair Radiology's outpatient radiology assets
Oct 11Some Investors May Be Worried About RadNet's (NASDAQ:RDNT) Returns On Capital
Oct 10RadNet Presents With The Idiosyncratic Risk Premia To Deliver Risk-Adjusted Alpha
Aug 28Here's Why RadNet (NASDAQ:RDNT) Has A Meaningful Debt Burden
Aug 12RadNet Non-GAAP EPS of $0.15 beats by $0.06, revenue of $354.1M beats by $5.16M;reaffirms FY guidance
Aug 09RadNet (NASDAQ:RDNT) Is Reinvesting At Lower Rates Of Return
Jul 01Is It Time To Consider Buying RadNet, Inc. (NASDAQ:RDNT)?
Jun 17Is RadNet (NASDAQ:RDNT) A Risky Investment?
May 11Estimating The Intrinsic Value Of RadNet, Inc. (NASDAQ:RDNT)
Apr 06Is RadNet (NASDAQ:RDNT) Using Too Much Debt?
Jan 24Returns On Capital At RadNet (NASDAQ:RDNT) Have Stalled
Dec 23Is RadNet, Inc. (NASDAQ:RDNT) Potentially Undervalued?
Dec 08RadNet, Inc.'s (NASDAQ:RDNT) Intrinsic Value Is Potentially 35% Above Its Share Price
Nov 23RadNet (NASDAQ:RDNT) Has A Pretty Healthy Balance Sheet
Oct 22RadNet: An Essential Healthcare Services Stock Seen Underpriced By Market-Makers
Sep 03Returns At RadNet (NASDAQ:RDNT) Appear To Be Weighed Down
Sep 01Financial Position Analysis
Short Term Liabilities: RDNT's short term assets ($579.3M) exceed its short term liabilities ($437.5M).
Long Term Liabilities: RDNT's short term assets ($579.3M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: RDNT's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: RDNT's debt to equity ratio has reduced from 329.7% to 102.1% over the past 5 years.
Debt Coverage: RDNT's debt is well covered by operating cash flow (26.6%).
Interest Coverage: RDNT's interest payments on its debt are not well covered by EBIT (1.3x coverage).