Ernest Hill - RENN Fund Independent Director

RCG Stock  USD 2.37  0.02  0.85%   

Director

Mr. Ernest C. Hill is an Independent Director of the Company., since 1994. He has a broad background in convertible securities analysis with major NYSE brokerage firms and institutional investors. He specializes in computeraided investment analysis and administrative procedures. He was an Assistant Professor of Finance with Southern Methodist University and an Associate Director of the Southwestern Graduate School of Banking, and was instrumental in the formation of an Entrepreneurial Seminar for the Southern Methodist School of Business. He also was an Investment Analyst with Capital Research Management Co., Inc., a manager of a number of openend mutual funds. He was awarded a Ford Fellowship to the Stanford School of Business, where he received an MBA with Honors in Investment and Finance. Mr. Hill is deemed to be a valuable Board member due to his strength of perception and analytical skills. since 1994.
Age 76
Tenure 30 years
Professional MarksMBA
Address 470 Park Avenue, South, New York, NY, United States, 10016
Phone646 291 2300
Webhttps://www.rencapital.com
Hill has a broad background in convertible securities analysis with NYSE brokerage firms and institutional investors. He specializes in computeraided investment analysis and administrative procedures. He was an Assistant Professor of Finance with Southern Methodist University and an Associate Director of the Southwestern Graduate School of Banking, and was instrumental in the formation of an Entrepreneurial Seminar for the Southern Methodist School of Business. He also was an Investment Analyst with Capital Research & Management Co., Inc., a manager of a number of openend mutual funds. He was awarded a Ford Fellowship to the Stanford School of Business, where he received an MBA with Honors in Investment and Finance.

RENN Fund Management Efficiency

The RENN Fund's current Return On Tangible Assets is estimated to increase to -0.06. The current Return On Capital Employed is estimated to decrease to -0.02. At this time, RENN Fund's Intangibles To Total Assets are most likely to slightly decrease in the upcoming years. The RENN Fund's current Asset Turnover is estimated to increase to 0.02, while Non Currrent Assets Other are projected to decrease to (14.6 M). RENN Fund's management efficiency ratios could be used to measure how well RENN Fund manages its routine affairs as well as how well it operates its assets and liabilities.
RENN Fund has 8.78 K in debt. RENN Fund has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for RENN to invest in growth at high rates of return.
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. RENN Fund (RCG) is traded on NYSE MKT Exchange in USA. It is located in 470 Park Avenue, South, New York, NY, United States, 10016 and employs 7 people. RENN Fund is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

RENN Fund Leadership Team

Elected by the shareholders, the RENN Fund's board of directors comprises two types of representatives: RENN Fund inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RENN. The board's role is to monitor RENN Fund's management team and ensure that shareholders' interests are well served. RENN Fund's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, RENN Fund's outside directors are responsible for providing unbiased perspectives on the board's policies.
George CFA, Chief Chairman
Russell Cleveland, Chairman of the Board, President, Chief Executive Officer
Charles Pierce, Independent Director
Ernest Hill, Independent Director
J McCormick, Independent Director
Lynne Simon, Chief Compliance Officer, Secretary
Murray Stahl, President, Chairman

RENN Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is RENN Fund a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether RENN Fund is a strong investment it is important to analyze RENN Fund's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RENN Fund's future performance. For an informed investment choice regarding RENN Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RENN Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RENN Fund. If investors know RENN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RENN Fund listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(1.00)
Dividend Share
0.015
Earnings Share
0.16
Revenue Per Share
0.044
Quarterly Revenue Growth
0.175
The market value of RENN Fund is measured differently than its book value, which is the value of RENN that is recorded on the company's balance sheet. Investors also form their own opinion of RENN Fund's value that differs from its market value or its book value, called intrinsic value, which is RENN Fund's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RENN Fund's market value can be influenced by many factors that don't directly affect RENN Fund's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RENN Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if RENN Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RENN Fund's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.