Ren Short Long Term Debt Total vs Other Assets Analysis

0KBT Stock

2.57 0.17 7.08%

Ren Redes financial indicator trend analysis is much more than just breaking down Ren Redes Energeticas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ren Redes Energeticas is a good investment. Please check the relationship between Ren Redes Short Long Term Debt Total and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ren Redes Energeticas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Long Term Debt Total vs Other Assets

Short Long Term Debt Total vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ren Redes Energeticas Short Long Term Debt Total account and Other Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Ren Redes' Short Long Term Debt Total and Other Assets is -0.58. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Assets in the same time period over historical financial statements of Ren Redes Energeticas, assuming nothing else is changed. The correlation between historical values of Ren Redes' Short Long Term Debt Total and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Ren Redes Energeticas are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Short Long Term Debt Total i.e., Ren Redes' Short Long Term Debt Total and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Short Long Term Debt Total

Other Assets

Most indicators from Ren Redes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ren Redes Energeticas current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ren Redes Energeticas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about 42.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 123.7 M in 2024.

	2019	2020	2023	2024 (projected)
Interest Income	56.7M	48.0M	43.2M	49.1M
Tax Provision	54.8M	44.9M	40.4M	42.6M

Interest Income Tax Provision

Ren Redes fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Treasury Stock	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Capital Surpluse	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Other Current Assets
Total Assets		-0.73	0.95	0.99	-0.83	0.78	-0.73	0.85	0.3	0.41	0.85	0.83	0.79	1.0	0.7	0.7	0.47	0.98	0.99	0.75	-0.6	0.62	0.77	-0.55	0.35	-0.29
Short Long Term Debt Total	-0.73		-0.61	-0.69	0.62	-0.58	1.0	-0.38	0.17	-0.2	-0.38	-0.72	-0.44	-0.75	-0.33	-0.74	-0.21	-0.8	-0.67	-0.44	0.94	-0.32	-0.53	0.91	-0.13	0.28
Total Current Liabilities	0.95	-0.61		0.95	-0.77	0.82	-0.61	0.86	0.42	0.54	0.86	0.79	0.77	0.94	0.66	0.48	0.48	0.89	0.95	0.78	-0.39	0.58	0.66	-0.34	0.24	-0.31
Total Stockholder Equity	0.99	-0.69	0.95		-0.86	0.84	-0.69	0.84	0.32	0.39	0.84	0.79	0.85	0.97	0.65	0.62	0.58	0.96	1.0	0.73	-0.54	0.56	0.7	-0.49	0.28	-0.26
Retained Earnings	-0.83	0.62	-0.77	-0.86		-0.85	0.62	-0.7	-0.09	0.08	-0.7	-0.83	-0.96	-0.81	-0.63	-0.55	-0.33	-0.78	-0.87	-0.85	0.53	-0.63	-0.76	0.43	-0.28	0.25
Other Assets	0.78	-0.58	0.82	0.84	-0.85		-0.58	0.53	0.03	0.14	0.53	0.6	0.9	0.75	0.32	0.35	0.46	0.72	0.82	0.79	-0.33	0.33	0.45	-0.33	-0.1	-0.17
Long Term Debt	-0.73	1.0	-0.61	-0.69	0.62	-0.58		-0.38	0.16	-0.2	-0.38	-0.73	-0.44	-0.75	-0.33	-0.74	-0.21	-0.8	-0.68	-0.44	0.94	-0.33	-0.53	0.91	-0.13	0.29
Cash And Short Term Investments	0.85	-0.38	0.86	0.84	-0.7	0.53	-0.38		0.53	0.5	1.0	0.74	0.67	0.85	0.82	0.44	0.38	0.78	0.87	0.72	-0.29	0.66	0.74	-0.18	0.45	-0.15
Net Receivables	0.3	0.17	0.42	0.32	-0.09	0.03	0.16	0.53		0.51	0.53	0.33	0.19	0.29	0.62	0.0	0.42	0.26	0.33	0.08	0.21	0.56	0.34	0.31	0.62	-0.57
Good Will	0.41	-0.2	0.54	0.39	0.08	0.14	-0.2	0.5	0.51		0.5	0.15	-0.04	0.41	0.18	-0.01	0.46	0.4	0.39	0.04	-0.03	-0.01	0.0	-0.03	-0.04	0.0
Short Term Investments	0.85	-0.38	0.86	0.84	-0.7	0.53	-0.38	1.0	0.53	0.5		0.74	0.67	0.85	0.82	0.44	0.38	0.78	0.87	0.72	-0.29	0.66	0.74	-0.18	0.45	-0.15
Inventory	0.83	-0.72	0.79	0.79	-0.83	0.6	-0.73	0.74	0.33	0.15	0.74		0.7	0.84	0.84	0.67	0.14	0.81	0.82	0.75	-0.68	0.84	0.91	-0.53	0.59	-0.58
Other Stockholder Equity	0.79	-0.44	0.77	0.85	-0.96	0.9	-0.44	0.67	0.19	-0.04	0.67	0.7		0.75	0.55	0.39	0.47	0.71	0.85	0.82	-0.3	0.55	0.64	-0.24	0.19	-0.22
Total Liab	1.0	-0.75	0.94	0.97	-0.81	0.75	-0.75	0.85	0.29	0.41	0.85	0.84	0.75		0.72	0.74	0.41	0.99	0.98	0.75	-0.62	0.64	0.79	-0.58	0.38	-0.31
Total Current Assets	0.7	-0.33	0.66	0.65	-0.63	0.32	-0.33	0.82	0.62	0.18	0.82	0.84	0.55	0.72		0.6	0.06	0.66	0.69	0.64	-0.35	0.96	0.94	-0.21	0.85	-0.59
Treasury Stock	0.7	-0.74	0.48	0.62	-0.55	0.35	-0.74	0.44	0.0	-0.01	0.44	0.67	0.39	0.74	0.6		0.01	0.79	0.62	0.42	-0.8	0.61	0.78	-0.82	0.58	-0.4
Short Term Debt	0.47	-0.21	0.48	0.58	-0.33	0.46	-0.21	0.38	0.42	0.46	0.38	0.14	0.47	0.41	0.06	0.01		0.47	0.53	0.0	-0.09	-0.05	-0.03	-0.09	-0.08	-0.01
Intangible Assets	0.98	-0.8	0.89	0.96	-0.78	0.72	-0.8	0.78	0.26	0.4	0.78	0.81	0.71	0.99	0.66	0.79	0.47		0.96	0.65	-0.7	0.58	0.75	-0.67	0.37	-0.32
Common Stock	0.99	-0.67	0.95	1.0	-0.87	0.82	-0.68	0.87	0.33	0.39	0.87	0.82	0.85	0.98	0.69	0.62	0.53	0.96		0.77	-0.53	0.6	0.74	-0.48	0.31	-0.26
Property Plant Equipment	0.75	-0.44	0.78	0.73	-0.85	0.79	-0.44	0.72	0.08	0.04	0.72	0.75	0.82	0.75	0.64	0.42	0.0	0.65	0.77		-0.28	0.64	0.74	-0.21	0.2	-0.18
Capital Surpluse	-0.6	0.94	-0.39	-0.54	0.53	-0.33	0.94	-0.29	0.21	-0.03	-0.29	-0.68	-0.3	-0.62	-0.35	-0.8	-0.09	-0.7	-0.53	-0.28		-0.35	-0.56	0.95	-0.29	0.27
Other Current Liab	0.62	-0.32	0.58	0.56	-0.63	0.33	-0.33	0.66	0.56	-0.01	0.66	0.84	0.55	0.64	0.96	0.61	-0.05	0.58	0.6	0.64	-0.35		0.94	-0.21	0.87	-0.73
Other Liab	0.77	-0.53	0.66	0.7	-0.76	0.45	-0.53	0.74	0.34	0.0	0.74	0.91	0.64	0.79	0.94	0.78	-0.03	0.75	0.74	0.74	-0.56	0.94		-0.45	0.77	-0.54
Net Tangible Assets	-0.55	0.91	-0.34	-0.49	0.43	-0.33	0.91	-0.18	0.31	-0.03	-0.18	-0.53	-0.24	-0.58	-0.21	-0.82	-0.09	-0.67	-0.48	-0.21	0.95	-0.21	-0.45		-0.17	0.19
Accounts Payable	0.35	-0.13	0.24	0.28	-0.28	-0.1	-0.13	0.45	0.62	-0.04	0.45	0.59	0.19	0.38	0.85	0.58	-0.08	0.37	0.31	0.2	-0.29	0.87	0.77	-0.17		-0.7
Other Current Assets	-0.29	0.28	-0.31	-0.26	0.25	-0.17	0.29	-0.15	-0.57	0.0	-0.15	-0.58	-0.22	-0.31	-0.59	-0.4	-0.01	-0.32	-0.26	-0.18	0.27	-0.73	-0.54	0.19	-0.7

Click cells to compare fundamentals

Ren Redes Account Relationship Matchups

Ren Redes fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.4B	5.2B	5.3B	5.2B	6.0B	5.6B
Short Long Term Debt Total	2.2B	2.3B	2.1B	2.3B	2.0B	1.8B
Total Current Liabilities	851.3M	1.1B	925.0M	1.0B	1.2B	1.0B
Total Stockholder Equity	1.4B	1.5B	1.4B	1.4B	1.6B	1.5B
Retained Earnings	482.4M	480.6M	475.2M	460.8M	414.7M	426.2M
Other Assets	153.7M	222.0M	147.9M	139.8M	160.7M	156.3M
Long Term Debt	2.2B	2.3B	2.1B	2.3B	2.0B	1.8B
Cash And Short Term Investments	61.5M	35.7M	21.0M	61.5M	70.7M	42.2M
Net Receivables	345.9M	268.5M	239.8M	374.5M	337.1M	254.9M
Good Will	19.1M	3.9M	6.0M	5.4M	4.8M	6.0M
Short Term Investments	61.5M	35.7M	21.0M	61.5M	70.7M	42.2M
Inventory	2.1M	3.9M	2.5M	8.5M	9.8M	10.3M
Other Stockholder Equity	208.2M	192.3M	159.3M	175.8M	202.1M	133.8M
Total Liab	3.9B	3.7B	3.9B	3.8B	4.4B	4.1B
Total Current Assets	500.3M	395.3M	512.0M	855.9M	984.3M	610.7M
Short Term Debt	1.0M	1.6M	523K	330K	297K	576.5K
Intangible Assets	4.3B	4.2B	4.2B	4.1B	4.8B	4.5B
Property Plant Equipment	561K	125.6M	127.1M	119.6M	137.5M	69.1M
Net Tangible Assets	(2.8B)	(2.7B)	(2.7B)	(2.6B)	(3.0B)	(3.1B)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for Ren Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Ren Short Long Term Debt Total vs Other Assets Analysis

Short Long Term Debt Total vs Other Assets

Short Long Term Debt Total vs Other Assets Correlation Analysis

Correlation Coefficient

Short Long Term Debt Total

Other Assets

Ren Redes fundamental ratios Correlations

Ren Redes Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ren Redes fundamental ratios Accounts

Also Currently Popular

Additional Tools for Ren Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Common Stock	+ 1.0	Total Stockholder Equity
Short Term Investments	+ 1.0	Cash And Short Term Investments
Total Stockholder Equity	+ 0.99	Total Assets
Common Stock	+ 0.99	Total Assets

Other Stockholder Equity	- 0.96	Retained Earnings
Common Stock	- 0.87	Retained Earnings
Retained Earnings	- 0.86	Total Stockholder Equity
Property Plant Equipment	- 0.85	Retained Earnings
Other Assets	- 0.85	Retained Earnings
Inventory	- 0.83	Retained Earnings