ReNew Return On Tangible Assets from 2010 to 2024

RNWWW Stock  USD 0.27  0.08  42.11%   
ReNew Energy Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.00407152
Current Value
0.004275
Quarterly Volatility
0.00976197
 
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 Tax Provision of 3.2 B, Interest Income of 2.6 B or Depreciation And Amortization of 14.7 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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of ReNew Energy Global over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. ReNew Energy's Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

ReNew Return On Tangible Assets Regression Statistics

Arithmetic Mean(0)
Coefficient Of Variation(866.56)
Mean Deviation0.01
Median0
Standard Deviation0.01
Sample Variance0.000095
Range0.0345
R-Value(0.38)
Mean Square Error0.000088
R-Squared0.14
Significance0.16
Slope(0.0008)
Total Sum of Squares0

ReNew Return On Tangible Assets History

2024 0.004275
2023 0.004072
2022 -0.007088
2021 -0.0269
2020 -0.0176
2019 -0.006364
2018 0.00733

About ReNew Energy Financial Statements

ReNew Energy investors use historical fundamental indicators, such as ReNew Energy's Return On Tangible Assets, 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

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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.