RENN Historical Balance Sheet
RCG Stock | USD 2.77 0.26 10.36% |
Trend analysis of RENN Fund balance sheet accounts such as Cash of 24 K, Non Current Assets Total of 18 M, Other Assets of 11.8 M or Cash And Short Term Investments of 24 K provides information on RENN Fund's total assets, liabilities, and equity, which is the actual value of RENN Fund to its prevalent stockholders. By breaking down trends over time using RENN Fund balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining RENN Fund latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether RENN Fund is a good buy for the upcoming year.
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About RENN Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of RENN Fund at a specified time, usually calculated after every quarter, six months, or one year. RENN Fund Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of RENN Fund and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which RENN currently owns. An asset can also be divided into two categories, current and non-current.
RENN Fund Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of RENN Fund assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in RENN Fund books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on RENN Fund balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RENN Fund are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most accounts from RENN Fund's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into RENN Fund current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.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).
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 17.0M | 14.8M | 13.8M | 21.4M | Total Current Liabilities | 1.9K | 624.0 | 227.5K | 216.1K |
RENN Fund balance sheet Correlations
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RENN Fund Account Relationship Matchups
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RENN Fund 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) | |
Total Current Liabilities | 1.3M | 10.7K | 1.9K | 624.0 | 227.5K | 216.1K | |
Total Stockholder Equity | 12.4M | 11.9M | 17.0M | 14.8M | 13.8M | 21.4M | |
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 | |
Non Current Assets Total | 13.5M | 11.9M | 16.9M | 14.8M | 13.9M | 18.0M | |
Non Currrent Assets Other | (13.5M) | (11.9M) | (16.9M) | (14.8M) | (13.9M) | (14.6M) | |
Other Assets | 117.5K | 8.8K | 5.8K | 5.7K | 14.0M | 11.8M | |
Cash And Short Term Investments | 182.0 | 32.8K | 158.8K | 92.2K | 25.2K | 24.0K | |
Net Receivables | 6.4K | 320.0 | 1.3K | 20.0K | 27.9K | 26.5K | |
Common Stock Shares Outstanding | 5.1M | 4.9M | 6.0M | 6.5M | 7.0M | 5.4M | |
Liabilities And Stockholders Equity | 13.7M | 11.9M | 17.1M | 14.9M | 14.0M | 13.3M | |
Non Current Liabilities Total | 1.2M | 80.6K | 100.0K | 624.0 | 107.9K | 102.5K | |
Other Stockholder Equity | (23.2M) | 29.5M | 19.2M | 19.5M | 14.2M | 0.0 | |
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 | |
Long Term Investments | 13.5M | 11.9M | 16.9M | 14.8M | 13.9M | 12.2M | |
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 | |
Short Long Term Debt Total | 2.5M | 675.0 | 444.0 | 7.0K | 8.8K | 8.3K | |
Capital Stock | 31.6M | 31.4M | 31.2M | 33.3M | 33.2M | 34.9M |
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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.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.