RenovoRx Gross Profit from 2010 to 2024

RNXT Stock

USD 1.21 0.08 6.20%

RenovoRx Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to -7,245 in 2024. Gross Profit is the profit RenovoRx makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2010-12-31

Previous Quarter

-6.9 K

Current Value

-7.2 K

Quarterly Volatility

976.77640372

Credit Downgrade

Yuan Drop

Covid

Check RenovoRx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RenovoRx's main balance sheet or income statement drivers, such as Net Interest Income of 116.5 K, Interest Income of 64.3 K or Depreciation And Amortization of 5.1 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. RenovoRx financial statements analysis is a perfect complement when working with RenovoRx Valuation or Volatility modules.

Check out the analysis of RenovoRx Correlation against competitors.

For more information on how to buy RenovoRx Stock please use our How to Invest in RenovoRx guide.

Latest RenovoRx's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of RenovoRx over the last few years. Gross profit is a required income statement account that reflects total revenue of RenovoRx minus its cost of goods sold. It is profit before RenovoRx operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. RenovoRx's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RenovoRx's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 0

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

RenovoRx Gross Profit Regression Statistics

	Arithmetic Mean	(8,543)
	Coefficient Of Variation	(11.43)
	Mean Deviation	731.20
	Median	(9,000)
	Standard Deviation	976.78
	Sample Variance	954,092
	Range	3K
	R-Value	0.65
	Mean Square Error	590,447
	R-Squared	0.43
	Significance	0.01
	Slope	142.45
	Total Sum of Squares	13.4M

RenovoRx Gross Profit History

	2024	-7245.0
	2023	-6900.0
	2022	-6000.0

Other Fundumenentals of RenovoRx

Gross Profit Margin

RenovoRx Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Current Deferred Revenue	Long Term Debt	Short Long Term Debt	Short Term Debt	Property Plant Equipment
Total Assets		0.88	0.62	-0.78	-0.15	0.07	-0.67	0.88	1.0	0.2	0.98	0.2	0.2	0.2	0.2	0.2	0.2
Total Stockholder Equity	0.88		0.91	-0.91	-0.58	0.22	-0.94	1.0	0.88	-0.2	0.88	-0.2	-0.2	-0.2	-0.2	-0.2	-0.2
Net Tangible Assets	0.62	0.91		-0.88	-0.85	0.22	-0.97	0.9	0.62	-0.57	0.62	-0.57	-0.57	-0.57	-0.57	-0.57	-0.57
Net Debt	-0.78	-0.91	-0.88		0.68	0.18	0.86	-0.94	-0.78	0.31	-0.69	0.31	0.31	0.31	0.31	0.31	0.31
Retained Earnings	-0.15	-0.58	-0.85	0.68		-0.05	0.79	-0.59	-0.15	0.8	-0.12	0.8	0.8	0.8	0.8	0.8	0.8
Accounts Payable	0.07	0.22	0.22	0.18	-0.05		-0.3	0.13	0.07	-0.06	0.28	-0.06	-0.06	-0.06	-0.06	-0.06	-0.06
Total Liab	-0.67	-0.94	-0.97	0.86	0.79	-0.3		-0.93	-0.67	0.41	-0.68	0.41	0.41	0.41	0.41	0.41	0.41
Net Invested Capital	0.88	1.0	0.9	-0.94	-0.59	0.13	-0.93		0.88	-0.2	0.86	-0.2	-0.2	-0.2	-0.2	-0.2	-0.2
Total Current Assets	1.0	0.88	0.62	-0.78	-0.15	0.07	-0.67	0.88		0.2	0.98	0.2	0.2	0.2	0.2	0.2	0.2
Capital Stock	0.2	-0.2	-0.57	0.31	0.8	-0.06	0.41	-0.2	0.2		0.19	1.0	1.0	1.0	1.0	1.0	1.0
Net Working Capital	0.98	0.88	0.62	-0.69	-0.12	0.28	-0.68	0.86	0.98	0.19		0.19	0.19	0.19	0.19	0.19	0.19
Common Stock	0.2	-0.2	-0.57	0.31	0.8	-0.06	0.41	-0.2	0.2	1.0	0.19		1.0	1.0	1.0	1.0	1.0
Current Deferred Revenue	0.2	-0.2	-0.57	0.31	0.8	-0.06	0.41	-0.2	0.2	1.0	0.19	1.0		1.0	1.0	1.0	1.0
Long Term Debt	0.2	-0.2	-0.57	0.31	0.8	-0.06	0.41	-0.2	0.2	1.0	0.19	1.0	1.0		1.0	1.0	1.0
Short Long Term Debt	0.2	-0.2	-0.57	0.31	0.8	-0.06	0.41	-0.2	0.2	1.0	0.19	1.0	1.0	1.0		1.0	1.0
Short Term Debt	0.2	-0.2	-0.57	0.31	0.8	-0.06	0.41	-0.2	0.2	1.0	0.19	1.0	1.0	1.0	1.0		1.0
Property Plant Equipment	0.2	-0.2	-0.57	0.31	0.8	-0.06	0.41	-0.2	0.2	1.0	0.19	1.0	1.0	1.0	1.0	1.0

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About RenovoRx Financial Statements

RenovoRx shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although RenovoRx investors may analyze each financial statement separately, they are all interrelated. The changes in RenovoRx's assets and liabilities, for example, are also reflected in the revenues and expenses on on RenovoRx's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

		Last Reported	Projected for Next Year
	Gross Profit	-6.9 K	-7.2 K

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Additional Tools for RenovoRx Stock Analysis

When running RenovoRx's price analysis, check to measure RenovoRx'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 RenovoRx is operating at the current time. Most of RenovoRx's value examination focuses on studying past and present price action to predict the probability of RenovoRx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RenovoRx's price. Additionally, you may evaluate how the addition of RenovoRx to your portfolios can decrease your overall portfolio volatility.

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