RENN Net Tangible Assets from 2010 to 2026

RCG Stock  USD 2.79  0.11  4.10%   
RENN Fund's Net Tangible Assets are increasing over the last several years with very volatile swings. Net Tangible Assets are predicted to flatten to about 12.8 M. Net Tangible Assets is the total assets of RENN Fund minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2006-12-31
Previous Quarter
14.7 M
Current Value
14.7 M
Quarterly Volatility
9.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check RENN Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RENN Fund's main balance sheet or income statement drivers, such as Interest Expense of 35.91, Selling General Administrative of 214.8 K or Total Revenue of 624.3 K, as well as many indicators such as Price To Sales Ratio of 28.58, Dividend Yield of 0.011 or PTB Ratio of 0.65. RENN financial statements analysis is a perfect complement when working with RENN Fund Valuation or Volatility modules.
  
Build AI portfolio with RENN Stock
Check out the analysis of RENN Fund Correlation against competitors.
For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.
The Net Tangible Assets trend for RENN Fund offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether RENN Fund is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest RENN Fund's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of RENN Fund over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. RENN Fund's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RENN Fund's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Very volatile
   Net Tangible Assets   
       Timeline  

RENN Net Tangible Assets Regression Statistics

Arithmetic Mean11,692,220
Geometric Mean8,540,013
Coefficient Of Variation91.45
Mean Deviation6,462,830
Median11,858,128
Standard Deviation10,693,048
Sample Variance114.3T
Range45.8M
R-Value0.03
Mean Square Error121.9T
R-Squared0.0007
Significance0.92
Slope55,965
Total Sum of Squares1829.5T

RENN Net Tangible Assets History

202612.8 M
202513.3 M
202214.8 M
202117 M
202011.9 M
201912.4 M
20188.5 M

About RENN Fund Financial Statements

RENN Fund stakeholders use historical fundamental indicators, such as RENN Fund's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although RENN Fund investors may analyze each financial statement separately, they are all interrelated. For example, changes in RENN Fund's assets and liabilities are reflected in the revenues and expenses on RENN Fund's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in RENN Fund. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets13.3 M12.8 M

Currently Active Assets on Macroaxis

When determining whether RENN Fund is a strong investment it is important to analyze RENN Fund's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RENN Fund's future performance. For an informed investment choice regarding RENN Stock, refer to the following important reports:
Check out the analysis of RENN Fund Correlation against competitors.
For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Can Asset Management & Custody Banks industry sustain growth momentum? Does RENN have expansion opportunities? Factors like these will boost the valuation of RENN Fund. Anticipated expansion of RENN directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating RENN Fund demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.98)
Dividend Share
0.022
Earnings Share
0.52
Revenue Per Share
0.06
Quarterly Revenue Growth
0.328
Understanding RENN Fund requires distinguishing between market price and book value, where the latter reflects RENN's accounting equity. The concept of intrinsic value - what RENN Fund's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push RENN Fund's price substantially above or below its fundamental value.
It's important to distinguish between RENN Fund's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding RENN Fund should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, RENN Fund's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.