Renew Income Before Tax from 2010 to 2024

RNW Stock  USD 5.63  0.14  2.55%   
Renew Energy Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. During the period from 2010 to 2024, Renew Energy Income Before Tax regression line of quarterly data had mean square error of 30256317.4 T and geometric mean of  4,689,502,734. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
8.1 B
Current Value
8.5 B
Quarterly Volatility
5.5 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Renew Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renew Energy's main balance sheet or income statement drivers, such as Interest Expense of 35.5 B, Other Operating Expenses of 17 B or EBIT of 35.5 B, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.063 or PTB Ratio of 1.65. Renew financial statements analysis is a perfect complement when working with Renew Energy Valuation or Volatility modules.
  
Check out the analysis of Renew Energy Correlation against competitors.

Latest Renew Energy's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Renew Energy Global over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Renew Energy income statement and is an important metric when analyzing Renew Energy Global profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Renew Energy's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Renew Energy's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Renew Income Before Tax Regression Statistics

Arithmetic Mean2,710,140,000
Geometric Mean4,689,502,734
Coefficient Of Variation204.69
Mean Deviation4,172,608,000
Median4,935,000,000
Standard Deviation5,547,368,227
Sample Variance30773294.3T
Range20.8B
R-Value(0.30)
Mean Square Error30256317.4T
R-Squared0.09
Significance0.29
Slope(365,933,214)
Total Sum of Squares430826119.5T

Renew Income Before Tax History

20248.5 B
20238.1 B
2022-2.5 B
2021-12.2 B
2020-5.1 B
2019-623 M

About Renew Energy Financial Statements

Renew Energy investors use historical fundamental indicators, such as Renew Energy's Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Renew Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax8.1 B8.5 B

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Additional Tools for Renew Stock Analysis

When running Renew Energy's price analysis, check to measure Renew Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Renew Energy is operating at the current time. Most of Renew Energy's value examination focuses on studying past and present price action to predict the probability of Renew Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renew Energy's price. Additionally, you may evaluate how the addition of Renew Energy to your portfolios can decrease your overall portfolio volatility.