Renew Income Quality from 2010 to 2024

RNW Stock  USD 5.89  0.26  4.62%   
Renew Energy Income Quality yearly trend continues to be fairly stable with very little volatility. Income Quality is likely to outpace its year average in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
8.46610169
Current Value
8.89
Quarterly Volatility
28.57851092
 
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 Quality Growth Pattern

Below is the plot of the Income Quality of Renew Energy Global over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Renew Energy's Income Quality 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 Quality10 Years Trend
Very volatile
   Income Quality   
       Timeline  

Renew Income Quality Regression Statistics

Arithmetic Mean(0.80)
Coefficient Of Variation(3,572)
Mean Deviation17.96
Median0.53
Standard Deviation28.58
Sample Variance816.73
Range123
R-Value(0.01)
Mean Square Error879.43
R-Squared0.0001
Significance0.97
Slope(0.08)
Total Sum of Squares11,434

Renew Income Quality History

2024 8.89
2023 8.47
2022 -25.33
2021 -3.47
2020 -6.26
2019 -56.32
2018 6.08

About Renew Energy Financial Statements

Renew Energy investors use historical fundamental indicators, such as Renew Energy's Income Quality, 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 Quality 8.47  8.89 

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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.