Rite Aid Receivables Turnover vs Interest Coverage Analysis

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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 Receivables Turnover and its Interest Coverage accounts. Additionally, take a look at Your Equity Center.

Receivables Turnover vs Interest Coverage

Accounts Relationship

Receivables Turnover vs Interest Coverage

Significance: Strong Relationship

Receivables Turnover diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Rite Aid Receivables Turnover account and Interest Coverage

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Receivables Turnover

Interest Coverage

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 Expense449.57 M397.61 M357.85 M363.38 M
Gross Profit7.83 B7.58 B6.82 B4.68 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.

Rite Aid fundamental ratios Correlations

-0.94-0.97-0.220.64-0.83-0.21-0.28-0.13-0.39-0.95-0.390.00.820.16-0.35-0.24-0.66-0.54-0.540.3
-0.940.990.06-0.420.86-0.130.370.00.490.910.470.09-0.93-0.340.460.340.810.610.52-0.41
-0.970.990.08-0.530.86-0.010.320.020.470.920.450.07-0.92-0.320.440.320.780.60.54-0.4
-0.220.060.080.080.110.430.370.6-0.280.45-0.07-0.350.310.92-0.33-0.3-0.33-0.160.090.54
0.64-0.42-0.530.08-0.39-0.70.26-0.03-0.18-0.42-0.110.00.460.23-0.15-0.08-0.27-0.26-0.330.27
-0.830.860.860.11-0.39-0.060.56-0.290.670.810.83-0.11-0.78-0.240.630.550.860.850.31-0.29
-0.21-0.13-0.010.43-0.7-0.06-0.280.36-0.260.13-0.2-0.240.260.47-0.3-0.28-0.38-0.190.070.26
-0.280.370.320.370.260.56-0.28-0.410.710.440.560.29-0.210.190.70.720.520.70.49-0.33
-0.130.00.020.6-0.03-0.290.36-0.41-0.810.25-0.6-0.40.220.57-0.84-0.87-0.58-0.73-0.130.62
-0.390.490.47-0.28-0.180.67-0.260.71-0.810.320.680.53-0.57-0.461.00.990.850.950.58-0.79
-0.950.910.920.45-0.420.810.130.440.250.320.38-0.07-0.70.070.270.180.580.480.51-0.15
-0.390.470.45-0.07-0.110.83-0.20.56-0.60.680.38-0.26-0.47-0.250.670.640.750.86-0.07-0.14
0.00.090.07-0.350.0-0.11-0.240.29-0.40.53-0.07-0.26-0.21-0.370.540.550.270.240.8-0.87
0.82-0.93-0.920.310.46-0.780.26-0.210.22-0.57-0.7-0.47-0.210.66-0.55-0.43-0.89-0.64-0.470.59
0.16-0.34-0.320.920.23-0.240.470.190.57-0.460.07-0.25-0.370.66-0.49-0.41-0.63-0.39-0.120.67
-0.350.460.44-0.33-0.150.63-0.30.7-0.841.00.270.670.54-0.55-0.490.990.840.940.55-0.8
-0.240.340.32-0.3-0.080.55-0.280.72-0.870.990.180.640.55-0.43-0.410.990.760.90.53-0.77
-0.660.810.78-0.33-0.270.86-0.380.52-0.580.850.580.750.27-0.89-0.630.840.760.90.44-0.66
-0.540.610.6-0.16-0.260.85-0.190.7-0.730.950.480.860.24-0.64-0.390.940.90.90.42-0.6
-0.540.520.540.09-0.330.310.070.49-0.130.580.51-0.070.8-0.47-0.120.550.530.440.42-0.77
0.3-0.41-0.40.540.27-0.290.26-0.330.62-0.79-0.15-0.14-0.870.590.67-0.8-0.77-0.66-0.6-0.77
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Rite Aid Account Relationship Matchups

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