Renova Energia Sa Stock Working Capital

Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Based on the company's disclosures, Renova Energia SA has a Working Capital of (1.37 Billion). This is 72.88% lower than that of the Utilities sector and significantly lower than that of the Utilities—Renewable industry. The working capital for all Brazil stocks is 192.88% higher than that of the company.

The Macroaxis Fundamental Analysis modules help investors analyze Renova Energia SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renova Energia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renova Energia SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

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