RENN Fund Financials

RCG Stock  USD 2.70  0.33  13.92%   
Based on the measurements of operating efficiency obtained from RENN Fund's historical financial statements, RENN Fund is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, RENN Fund's Common Stock Total Equity is most likely to increase significantly in the upcoming years. The RENN Fund's current Common Stock is estimated to increase to about 34.9 M, while Other Current Liabilities is forecasted to increase to (455.05). Key indicators impacting RENN Fund's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio5.0E-45.0E-4
Notably Down
Slightly volatile
Current Ratio0.270.2894
Significantly Down
Pretty Stable
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

(840,362)

  
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
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS7597201059
CUSIP759720105 75966V105
LocationTexas; U.S.A
Business Address470 Park Avenue,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.rencapital.com
Phone646 291 2300
CurrencyUSD - US Dollar

RENN Fund Key Financial Ratios

RENN Fund Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets13.7M11.9M17.1M14.9M14.0M13.3M
Other Current Liab58.2K(11.4K)(2.4K)(7.7K)(479.0)(455.05)
Net Debt1.2M(32.2K)(158.4K)(85.2K)(25.2K)(26.5K)
Retained Earnings(19.2M)(19.5M)(14.2M)(18.4M)(19.4M)(18.4M)
Cash182.032.8K158.8K92.2K25.2K24.0K
Other Assets117.5K8.8K5.8K5.7K14.0M11.8M
Net Receivables6.4K320.01.3K20.0K27.9K26.5K
Total Liab1.2M10.7K1.9K94.2K116.6K110.8K
Total Current Assets6.6K33.2K160.1K112.2K65.8K62.6K
Common Stock31.6M31.4M31.2M33.3M33.2M34.9M
Net Tangible Assets12.4M11.9M17.0M14.8M13.3M12.8M
Other Current Assets(105.1K)12.0K6.1K6.1K12.8K20.4K
Short Term Debt1.2M675.0444.07.0K8.8K8.3K
Capital Surpluse29.5M31.6M31.4M31.2M35.9M27.5M
Capital Stock31.6M31.4M31.2M33.3M33.2M34.9M

RENN Fund Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.5K592.037.042.037.835.91
Total Revenue1.9M(258.4K)5.5M(4.0M)245.3K233.0K
Gross Profit1.9M(258.4K)5.5M(4.0M)43.9K52.6K
Operating Income1.7M(498.0K)5.3M(4.2M)(201.3K)(211.4K)
Ebit1.7M(498.0K)5.3M(4.2M)(884.6K)(840.4K)
Ebitda1.7M(498.0K)5.3M(4.2M)(894.6K)(849.9K)
Cost Of Revenue49.5K56.7K81.8K178.6K201.3K191.3K
Income Before Tax1.7M(498.0K)5.3M(4.2M)(884.6K)(840.4K)
Net Income1.7M(498.0K)5.3M(4.2M)(884.6K)(840.4K)
Income Tax Expense(106.9K)(167.7K)(161.0K)(18.4K)10.0K10.5K
Interest Income1.8M18.1K5.4M72.7K239.4K227.4K
Net Interest Income104.4K17.5K374.072.7K239.4K251.3K

RENN Fund Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(13.3K)(66.6K)125.7K(66.7K)(60.0K)(57.0K)
Free Cash Flow(2.0M)1.2M260.2K(2.1M)(1.9M)(1.8M)
Other Non Cash Items(3.7M)1.6M(5.0M)2.1M884.6K928.8K
Net Income1.7M(498.0K)5.3M(4.2M)(884.6K)(840.4K)
End Period Cash Flow105.1K38.5K164.2K97.5K87.7K83.4K
Change To Netincome(3.7M)1.6M(5.0M)2.1M2.4M2.5M

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

0.18

At this time, RENN Fund's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

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.

Complementary Tools for RENN Stock analysis

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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