RENN Cash And Equivalents vs Capital Stock Analysis
RCG Stock | USD 2.77 0.07 2.59% |
RENN Fund financial indicator trend analysis is much more than just breaking down RENN Fund prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RENN Fund is a good investment. Please check the relationship between RENN Fund Cash And Equivalents and its Capital Stock accounts. 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.
Cash And Equivalents vs Capital Stock
Cash And Equivalents vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RENN Fund Cash And Equivalents account and Capital Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between RENN Fund's Cash And Equivalents and Capital Stock is -0.77. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Capital Stock in the same time period over historical financial statements of RENN Fund, assuming nothing else is changed. The correlation between historical values of RENN Fund's Cash And Equivalents and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of RENN Fund are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Cash And Equivalents i.e., RENN Fund's Cash And Equivalents and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cash And Equivalents
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from RENN Fund's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.The current Selling General Administrative is estimated to decrease to about 232.3 K. The current Issuance Of Capital Stock is estimated to decrease to about 1.7 M
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 230.5K | 241.8K | 275.8K | 262.1K | Cost Of Revenue | 81.8K | 178.6K | 201.3K | 191.3K |
RENN Fund fundamental ratios Correlations
Click cells to compare fundamentals
RENN Fund Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RENN Fund fundamental ratios 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 |
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.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.