RadNet Balance Sheet Health
Financial Health criteria checks 4/6
RadNet has a total shareholder equity of $1.1B and total debt of $1.0B, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are $3.3B and $2.2B respectively. RadNet's EBIT is $113.9M making its interest coverage ratio 1.2. It has cash and short-term investments of $748.9M.
Key information
91.1%
Debt to equity ratio
US$1.02b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$748.92m |
| Equity | US$1.12b |
| Total liabilities | US$2.16b |
| Total assets | US$3.28b |
Recent financial health updates
Recent updates
Is It Time To Consider Buying RadNet, Inc. (NASDAQ:RDNT)?
Jan 01
There's Reason For Concern Over RadNet, Inc.'s (NASDAQ:RDNT) Massive 26% Price Jump
Nov 12Here's What To Make Of RadNet's (NASDAQ:RDNT) Decelerating Rates Of Return
Oct 15RadNet: Secular Tailwinds Underpinned By AI Monetization Prospects
Oct 02Unpleasant Surprises Could Be In Store For RadNet, Inc.'s (NASDAQ:RDNT) Shares
Sep 22RadNet: Growth In Operating Earnings Off Very Little Incremental Capital
Aug 24RadNet (NASDAQ:RDNT) Seems To Use Debt Quite Sensibly
Jul 22Returns On Capital At RadNet (NASDAQ:RDNT) Have Stalled
Jun 05RadNet: Qualified Growth Route, Still Undervalued
Jun 05Is There Now An Opportunity In RadNet, Inc. (NASDAQ:RDNT)?
May 10Are 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 28RadNet JV acquires Montclair Radiology's outpatient radiology assets
Oct 11RadNet Presents With The Idiosyncratic Risk Premia To Deliver Risk-Adjusted Alpha
Aug 28RadNet Non-GAAP EPS of $0.15 beats by $0.06, revenue of $354.1M beats by $5.16M;reaffirms FY guidance
Aug 09Financial Position Analysis
Short Term Liabilities: RDNT's short term assets ($1.0B) exceed its short term liabilities ($470.1M).
Long Term Liabilities: RDNT's short term assets ($1.0B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: RDNT's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: RDNT's debt to equity ratio has reduced from 326.6% to 91.1% over the past 5 years.
Debt Coverage: RDNT's debt is well covered by operating cash flow (27.4%).
Interest Coverage: RDNT's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 23:29 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
RadNet, Inc. is covered by 11 analysts. 5 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 |
|---|---|
| Sarah James | Barclays |
| Andrew Mok | Barclays |
| Juan Molta | B. Riley Securities, Inc. |