RenovoRx Net Borrowings from 2010 to 2024

RNXT Stock  USD 1.26  0.10  7.35%   
RenovoRx Net Borrowings yearly trend continues to be comparatively stable with very little volatility. Net Borrowings is likely to outpace its year average in 2024. Net Borrowings is the difference between the amount of new debt RenovoRx has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2010-12-31
Previous Quarter
1.8 M
Current Value
2.2 M
Quarterly Volatility
550.7 K
 
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 Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of RenovoRx over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. RenovoRx's Net Borrowings 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.
Net Borrowings10 Years Trend
Slightly volatile
   Net Borrowings   
       Timeline  

RenovoRx Net Borrowings Regression Statistics

Arithmetic Mean2,860,896
Geometric Mean2,802,303
Coefficient Of Variation19.25
Mean Deviation465,086
Median3,178,000
Standard Deviation550,747
Sample Variance303.3B
Range1.4M
R-Value(0.75)
Mean Square Error142.5B
R-Squared0.56
Significance0
Slope(92,472)
Total Sum of Squares4.2T

RenovoRx Net Borrowings History

20242.2 M
20231.8 M
2021M

About RenovoRx Financial Statements

RenovoRx shareholders use historical fundamental indicators, such as Net Borrowings, 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 ReportedProjected for Next Year
Net Borrowings1.8 M2.2 M

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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.