Rite Aid Long Term Debt to Equity vs Return on Investment Analysis

RAD -- USA Stock

Earnings Call In Two Weeks

Rite Aid financial indicator trend analysis is much more than just breaking down Rite Aid prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rite Aid is a good investment. Please check the relationship between Rite Aid Long Term Debt to Equity and its Return on Investment accounts. Additionally, take a look at Your Equity Center.

Long Term Debt to Equity vs Return on Investment

Accounts Relationship

Long Term Debt to Equity vs Return on Investment

Significance: Weak Contrarian Relationship

Long Term Debt to Equity diversification synergy

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Rite Aid Long Term Debt to Equity account and Return on Investment

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

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Long Term Debt to Equity

Return on Investment

Most indicators from Rite Aid fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rite Aid 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. Additionally, take a look at Your Equity Center.Rite Aid Net Cash Flow Investment Acquisitions and Disposals is expected to significantly decrease based on the last few years of reporting. The last year's Net Cash Flow Investment Acquisitions and Disposals was at 17.82 Million. The current year Enterprise Value over EBIT is expected to grow to 14.78, whereas Selling General and Administrative Expense is expected to decline to about 5.5 B.

	2014	2016	2019	2020 (projected)
Interest Expense	449.57 M	397.61 M	357.85 M	363.38 M
Gross Profit	7.83 B	7.58 B	6.82 B	4.68 B

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1962 and is headquartered in Camp Hill, Pennsylvania. Rite Aid operates under Pharmaceutical Retailers classification in USA and is traded on BATS Exchange. It employs 29840 people.

Interest Expense Gross Profit

Rite Aid fundamental ratios Correlations

	Inventories	Receivables	Accounts Payable	Total Assets	Current Assets	Assets Non Current	Cash and Equivalents	Total Debt	Debt Current	Debt Non Current	Shareholders Equity	Goodwill and Intangible Assets	Inventory	Total Liabilities	Current Liabilities	Liabilities Non Current	Trade and Non Trade Payables	Property Plant and Equipment Net	Trade and Non Trade Receivables	Tax Assets	Tax Liabilities
Inventories		-0.94	-0.97	-0.22	0.64	-0.83	-0.21	-0.28	-0.13	-0.39	-0.95	-0.39	0.0	0.82	0.16	-0.35	-0.24	-0.66	-0.54	-0.54	0.3
Receivables	-0.94		0.99	0.06	-0.42	0.86	-0.13	0.37	0.0	0.49	0.91	0.47	0.09	-0.93	-0.34	0.46	0.34	0.81	0.61	0.52	-0.41
Accounts Payable	-0.97	0.99		0.08	-0.53	0.86	-0.01	0.32	0.02	0.47	0.92	0.45	0.07	-0.92	-0.32	0.44	0.32	0.78	0.6	0.54	-0.4
Total Assets	-0.22	0.06	0.08		0.08	0.11	0.43	0.37	0.6	-0.28	0.45	-0.07	-0.35	0.31	0.92	-0.33	-0.3	-0.33	-0.16	0.09	0.54
Current Assets	0.64	-0.42	-0.53	0.08		-0.39	-0.7	0.26	-0.03	-0.18	-0.42	-0.11	0.0	0.46	0.23	-0.15	-0.08	-0.27	-0.26	-0.33	0.27
Assets Non Current	-0.83	0.86	0.86	0.11	-0.39		-0.06	0.56	-0.29	0.67	0.81	0.83	-0.11	-0.78	-0.24	0.63	0.55	0.86	0.85	0.31	-0.29
Cash and Equivalents	-0.21	-0.13	-0.01	0.43	-0.7	-0.06		-0.28	0.36	-0.26	0.13	-0.2	-0.24	0.26	0.47	-0.3	-0.28	-0.38	-0.19	0.07	0.26
Total Debt	-0.28	0.37	0.32	0.37	0.26	0.56	-0.28		-0.41	0.71	0.44	0.56	0.29	-0.21	0.19	0.7	0.72	0.52	0.7	0.49	-0.33
Debt Current	-0.13	0.0	0.02	0.6	-0.03	-0.29	0.36	-0.41		-0.81	0.25	-0.6	-0.4	0.22	0.57	-0.84	-0.87	-0.58	-0.73	-0.13	0.62
Debt Non Current	-0.39	0.49	0.47	-0.28	-0.18	0.67	-0.26	0.71	-0.81		0.32	0.68	0.53	-0.57	-0.46	1.0	0.99	0.85	0.95	0.58	-0.79
Shareholders Equity	-0.95	0.91	0.92	0.45	-0.42	0.81	0.13	0.44	0.25	0.32		0.38	-0.07	-0.7	0.07	0.27	0.18	0.58	0.48	0.51	-0.15
Goodwill and Intangible Assets	-0.39	0.47	0.45	-0.07	-0.11	0.83	-0.2	0.56	-0.6	0.68	0.38		-0.26	-0.47	-0.25	0.67	0.64	0.75	0.86	-0.07	-0.14
Inventory	0.0	0.09	0.07	-0.35	0.0	-0.11	-0.24	0.29	-0.4	0.53	-0.07	-0.26		-0.21	-0.37	0.54	0.55	0.27	0.24	0.8	-0.87
Total Liabilities	0.82	-0.93	-0.92	0.31	0.46	-0.78	0.26	-0.21	0.22	-0.57	-0.7	-0.47	-0.21		0.66	-0.55	-0.43	-0.89	-0.64	-0.47	0.59
Current Liabilities	0.16	-0.34	-0.32	0.92	0.23	-0.24	0.47	0.19	0.57	-0.46	0.07	-0.25	-0.37	0.66		-0.49	-0.41	-0.63	-0.39	-0.12	0.67
Liabilities Non Current	-0.35	0.46	0.44	-0.33	-0.15	0.63	-0.3	0.7	-0.84	1.0	0.27	0.67	0.54	-0.55	-0.49		0.99	0.84	0.94	0.55	-0.8
Trade and Non Trade Payables	-0.24	0.34	0.32	-0.3	-0.08	0.55	-0.28	0.72	-0.87	0.99	0.18	0.64	0.55	-0.43	-0.41	0.99		0.76	0.9	0.53	-0.77
Property Plant and Equipment Net	-0.66	0.81	0.78	-0.33	-0.27	0.86	-0.38	0.52	-0.58	0.85	0.58	0.75	0.27	-0.89	-0.63	0.84	0.76		0.9	0.44	-0.66
Trade and Non Trade Receivables	-0.54	0.61	0.6	-0.16	-0.26	0.85	-0.19	0.7	-0.73	0.95	0.48	0.86	0.24	-0.64	-0.39	0.94	0.9	0.9		0.42	-0.6
Tax Assets	-0.54	0.52	0.54	0.09	-0.33	0.31	0.07	0.49	-0.13	0.58	0.51	-0.07	0.8	-0.47	-0.12	0.55	0.53	0.44	0.42		-0.77
Tax Liabilities	0.3	-0.41	-0.4	0.54	0.27	-0.29	0.26	-0.33	0.62	-0.79	-0.15	-0.14	-0.87	0.59	0.67	-0.8	-0.77	-0.66	-0.6	-0.77

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Rite Aid Long Term Debt to Equity vs Return on Investment Analysis

Earnings Call In Two Weeks

Long Term Debt to Equity vs Return on Investment

Accounts Relationship

Significance: Weak Contrarian Relationship

Correlation Coefficient

Long Term Debt to Equity

Return on Investment

Rite Aid fundamental ratios Correlations

Rite Aid Account Relationship Matchups

High Positive Relationship

High Negative Relationship

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Liabilities Non Current	+ 1.0	Debt Non Current
Accounts Payable	+ 0.99	Receivables
Trade and Non Trade Payables	+ 0.99	Debt Non Current
Trade and Non Trade Payables	+ 0.99	Liabilities Non Current
Trade and Non Trade Receivables	+ 0.95	Debt Non Current
Trade and Non Trade Receivables	+ 0.94	Liabilities Non Current

Accounts Payable	- 0.97	Inventories
Shareholders Equity	- 0.95	Inventories
Receivables	- 0.94	Inventories
Total Liabilities	- 0.93	Receivables
Total Liabilities	- 0.92	Accounts Payable
Property Plant and Equipment Net	- 0.89	Total Liabilities