RENN Fund Financials
RCG Stock | USD 2.70 0.33 13.92% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 5.0E-4 | 5.0E-4 |
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Current Ratio | 0.27 | 0.2894 |
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The essential information of the day-to-day investment outlook for RENN Fund includes many different criteria found on its balance sheet. An individual investor should monitor RENN Fund's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in RENN Fund.
Net Income |
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RENN | Select Account or Indicator |
Understanding current and past RENN Fund Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of RENN Fund's financial statements are interrelated, with each one affecting the others. For example, an increase in RENN Fund's assets may result in an increase in income on the income statement.
RENN Fund Stock Summary
RENN Fund competes with Invesco High, Blackrock Muniholdings, MFS Investment, and Federated Premier. RENN Fund, Inc. is a closed ended equity mutual fund launched by RENN Capital Group, Inc. RENN Fund, Inc. was formed on January 20, 1994 and is domiciled in the United States. Renaissance Capital operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange.Specialization | Financial Services, Financial Services |
Instrument | USA Stock View All |
Exchange | NYSE MKT Exchange |
ISIN | US7597201059 |
CUSIP | 759720105 75966V105 |
Location | Texas; U.S.A |
Business Address | 470 Park Avenue, |
Sector | Capital Markets |
Industry | Financials |
Benchmark | Dow Jones Industrial |
Website | www.rencapital.com |
Phone | 646 291 2300 |
Currency | USD - US Dollar |
RENN Fund Key Financial Ratios
Return On Equity | 0.0723 | ||||
Profit Margin | 3.55 % | ||||
Operating Margin | 0.22 % | ||||
Price To Sales | 53.66 X | ||||
Revenue | 245.25 K |
RENN Fund Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.7M | 11.9M | 17.1M | 14.9M | 14.0M | 13.3M | |
Other Current Liab | 58.2K | (11.4K) | (2.4K) | (7.7K) | (479.0) | (455.05) | |
Net Debt | 1.2M | (32.2K) | (158.4K) | (85.2K) | (25.2K) | (26.5K) | |
Retained Earnings | (19.2M) | (19.5M) | (14.2M) | (18.4M) | (19.4M) | (18.4M) | |
Cash | 182.0 | 32.8K | 158.8K | 92.2K | 25.2K | 24.0K | |
Other Assets | 117.5K | 8.8K | 5.8K | 5.7K | 14.0M | 11.8M | |
Net Receivables | 6.4K | 320.0 | 1.3K | 20.0K | 27.9K | 26.5K | |
Total Liab | 1.2M | 10.7K | 1.9K | 94.2K | 116.6K | 110.8K | |
Total Current Assets | 6.6K | 33.2K | 160.1K | 112.2K | 65.8K | 62.6K | |
Common Stock | 31.6M | 31.4M | 31.2M | 33.3M | 33.2M | 34.9M | |
Net Tangible Assets | 12.4M | 11.9M | 17.0M | 14.8M | 13.3M | 12.8M | |
Other Current Assets | (105.1K) | 12.0K | 6.1K | 6.1K | 12.8K | 20.4K | |
Short Term Debt | 1.2M | 675.0 | 444.0 | 7.0K | 8.8K | 8.3K | |
Capital Surpluse | 29.5M | 31.6M | 31.4M | 31.2M | 35.9M | 27.5M | |
Capital Stock | 31.6M | 31.4M | 31.2M | 33.3M | 33.2M | 34.9M |
RENN Fund Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 1.5K | 592.0 | 37.0 | 42.0 | 37.8 | 35.91 | |
Total Revenue | 1.9M | (258.4K) | 5.5M | (4.0M) | 245.3K | 233.0K | |
Gross Profit | 1.9M | (258.4K) | 5.5M | (4.0M) | 43.9K | 52.6K | |
Operating Income | 1.7M | (498.0K) | 5.3M | (4.2M) | (201.3K) | (211.4K) | |
Ebit | 1.7M | (498.0K) | 5.3M | (4.2M) | (884.6K) | (840.4K) | |
Ebitda | 1.7M | (498.0K) | 5.3M | (4.2M) | (894.6K) | (849.9K) | |
Cost Of Revenue | 49.5K | 56.7K | 81.8K | 178.6K | 201.3K | 191.3K | |
Income Before Tax | 1.7M | (498.0K) | 5.3M | (4.2M) | (884.6K) | (840.4K) | |
Net Income | 1.7M | (498.0K) | 5.3M | (4.2M) | (884.6K) | (840.4K) | |
Income Tax Expense | (106.9K) | (167.7K) | (161.0K) | (18.4K) | 10.0K | 10.5K | |
Interest Income | 1.8M | 18.1K | 5.4M | 72.7K | 239.4K | 227.4K | |
Net Interest Income | 104.4K | 17.5K | 374.0 | 72.7K | 239.4K | 251.3K |
RENN Fund Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (13.3K) | (66.6K) | 125.7K | (66.7K) | (60.0K) | (57.0K) | |
Free Cash Flow | (2.0M) | 1.2M | 260.2K | (2.1M) | (1.9M) | (1.8M) | |
Other Non Cash Items | (3.7M) | 1.6M | (5.0M) | 2.1M | 884.6K | 928.8K | |
Net Income | 1.7M | (498.0K) | 5.3M | (4.2M) | (884.6K) | (840.4K) | |
End Period Cash Flow | 105.1K | 38.5K | 164.2K | 97.5K | 87.7K | 83.4K | |
Change To Netincome | (3.7M) | 1.6M | (5.0M) | 2.1M | 2.4M | 2.5M |
RENN Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RENN Fund's current stock value. Our valuation model uses many indicators to compare RENN Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RENN Fund competition to find correlations between indicators driving RENN Fund's intrinsic value. More Info.RENN Fund is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.02 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for RENN Fund is roughly 51.64 . At this time, RENN Fund's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value RENN Fund by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.RENN Fund Systematic Risk
RENN Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. RENN Fund volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on RENN Fund correlated with the market. If Beta is less than 0 RENN Fund generally moves in the opposite direction as compared to the market. If RENN Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one RENN Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of RENN Fund is generally in the same direction as the market. If Beta > 1 RENN Fund moves generally in the same direction as, but more than the movement of the benchmark.
About RENN Fund Financials
What exactly are RENN Fund Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include RENN Fund's income statement, its balance sheet, and the statement of cash flows. Potential RENN Fund investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although RENN Fund investors may use each financial statement separately, they are all related. The changes in RENN Fund's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on RENN Fund's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Today, most investors in RENN Fund Stock are looking for potential investment opportunities by analyzing not only static indicators but also various RENN Fund's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of RENN Fund growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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RENN Fund November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of RENN Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of RENN Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of RENN Fund based on widely used predictive technical indicators. In general, we focus on analyzing RENN Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build RENN Fund's daily price indicators and compare them against related drivers.
Downside Deviation | 1.97 | |||
Information Ratio | 0.1689 | |||
Maximum Drawdown | 10.22 | |||
Value At Risk | (2.11) | |||
Potential Upside | 3.23 |
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When running RENN Fund's price analysis, check to measure RENN Fund'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 RENN Fund is operating at the current time. Most of RENN Fund's value examination focuses on studying past and present price action to predict the probability of RENN Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RENN Fund's price. Additionally, you may evaluate how the addition of RENN Fund to your portfolios can decrease your overall portfolio volatility.
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