Rite Aid Fundamentals

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RAD -- USA Stock  

Fiscal Quarter End: 31st of August 2020  

Rite Aid fundamental analysis lookup allows you to check this and other indicators for Rite Aid or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools

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Rite Aid Consolidated Income is expected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 1.9 Billion. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 800.6 M, whereas Gross Profit is expected to decline to about 6.1 B.

Rite Aid Current Ratio Analysis

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
 2014 2016 2019 2020 (projected)
Interest Expense449.57 M397.61 M357.85 M363.38 M
Gross Profit7.83 B7.58 B6.82 B6.11 B
Current Ratio 
 = 
Current Asset 
Current Liabilities 
More About Current Ratio | All Equity Analysis

Current Rite Aid Current Ratio

1.47 X

Rite Aid Current Ratio Over Time Pattern

 Rite Aid Current Ratio 
      Timeline 

About Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Compare to competition

Rite Aid Current Ratio Related Assessment

  Net Loss Income from Discontinued Operations

In accordance with recently published financial statements Rite Aid has Current Ratio of 1.47 times. This is 49.48% lower than that of the Healthcare sector, and significantly higher than that of Pharmaceutical Retailers industry, The Current Ratio for all stocks is 31.94% higher than the company.

Rite Aid Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Rite Aid's current stock value. Our valuation model uses many indicators to compare Rite Aid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rite Aid competition to find correlations between indicators driving Rite Aid's intrinsic value. More Info.
Rite Aid is rated below average in cash and equivalents category among related companies. It is rated below average in retained earnings category among related companies . . Rite Aid Cash and Equivalents is expected to increase significantly based on the last few years of reporting. The past year's Cash and Equivalents was at 218.18 Million

Rite Aid Shares Owned by Insiders Peer Comparison

  Shares Owned by Insiders 
      Rite Aid Comparables 
Rite Aid is rated below average in shares owned by insiders category among related companies.

Rite Aid Institutional Holders

Current Institutional Investors

Security TypeSharesValue
Vanguard Group IncCommon Shares5.3 M79 M
Blackrock IncCommon Shares4.4 M65.4 M
Invesco LtdCommon Shares2.8 M42.7 M
State Street CorpCommon Shares1.8 M27.4 M
Susquehanna International Group LlpPut Options1.5 M22 M
Simplex Trading LlcCall Options13.1 K19.7 M
Alberta Investment Management CorpCommon Shares987.9 K14.8 M
Parametric Portfolio Associates LlcCommon Shares958.7 K14.4 M
Victory Capital Management IncCommon Shares910 K13.7 M

Rite Aid Fundamentals

About Rite Aid Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rite Aid's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rite Aid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rite Aid based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way. Please read more on our fundamental analysis page.
 2010 2014 2019 2020 (projected)
Receivables949.06 M1.79 B1.29 B1.22 B
Inventories2.99 B1.87 B1.92 B2.57 B


 
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