RENN Long Term Investments vs Retained Earnings 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 Long Term Investments and its Retained Earnings 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.

Long Term Investments vs Retained Earnings

Long Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RENN Fund Long Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.
The correlation between RENN Fund's Long Term Investments and Retained Earnings is 0.27. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Retained Earnings 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 Long Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of RENN Fund are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Investments i.e., RENN Fund's Long Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Investments

Long Term Investments is an item on the asset side of RENN Fund balance sheet that represents investments RENN Fund intends to hold for over a year. RENN Fund long term investments may include different instruments such as stocks, bonds, real estate and cash.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 Expenses230.5K241.8K275.8K262.1K
Cost Of Revenue81.8K178.6K201.3K191.3K

RENN Fund fundamental ratios Correlations

-0.180.540.97-0.920.580.170.930.95-0.97-0.030.930.970.01-0.190.040.590.230.93-0.130.950.930.96-0.030.03-0.01
-0.18-0.7-0.120.3-0.07-1.0-0.28-0.080.10.18-0.28-0.260.420.31-0.480.43-0.37-0.280.05-0.16-0.17-0.29-0.75-0.17-0.23
0.54-0.70.48-0.510.170.720.550.47-0.49-0.120.550.58-0.15-0.20.640.070.480.550.060.540.560.590.250.10.46
0.97-0.120.48-0.880.540.120.880.98-0.970.110.880.950.13-0.15-0.030.550.120.89-0.060.940.920.92-0.05-0.18-0.12
-0.920.3-0.51-0.88-0.66-0.29-0.99-0.780.80.13-0.99-0.960.270.440.04-0.45-0.24-0.990.42-0.83-0.78-0.97-0.06-0.12-0.14
0.58-0.070.170.54-0.660.060.640.47-0.5-0.270.640.56-0.41-0.55-0.250.350.070.64-0.710.320.270.61-0.210.230.29
0.17-1.00.720.12-0.290.060.270.08-0.1-0.20.270.26-0.43-0.310.53-0.410.40.27-0.030.160.170.290.750.180.26
0.93-0.280.550.88-0.990.640.270.79-0.81-0.161.00.97-0.28-0.440.050.520.281.0-0.390.850.80.980.050.140.2
0.95-0.080.470.98-0.780.470.080.79-0.990.150.790.880.26-0.010.010.560.110.790.10.930.930.85-0.07-0.21-0.2
-0.970.1-0.49-0.970.8-0.5-0.1-0.81-0.99-0.07-0.81-0.9-0.210.01-0.03-0.59-0.14-0.82-0.06-0.94-0.94-0.870.070.10.16
-0.030.18-0.120.110.13-0.27-0.2-0.160.15-0.07-0.160.00.550.47-0.22-0.24-0.24-0.150.40.060.07-0.11-0.03-0.9-0.5
0.93-0.280.550.88-0.990.640.271.00.79-0.81-0.160.97-0.28-0.440.050.520.281.0-0.390.850.80.980.050.140.2
0.97-0.260.580.95-0.960.560.260.970.88-0.90.00.97-0.12-0.30.090.530.270.97-0.210.930.90.990.070.00.07
0.010.42-0.150.130.27-0.41-0.43-0.280.26-0.210.55-0.28-0.120.84-0.280.02-0.51-0.270.740.180.22-0.2-0.41-0.55-0.69
-0.190.31-0.2-0.150.44-0.55-0.31-0.44-0.010.010.47-0.44-0.30.84-0.17-0.16-0.45-0.440.75-0.020.04-0.38-0.23-0.28-0.63
0.04-0.480.64-0.030.04-0.250.530.050.01-0.03-0.220.050.09-0.28-0.170.130.550.050.310.090.150.10.480.20.5
0.590.430.070.55-0.450.35-0.410.520.56-0.59-0.240.520.530.02-0.160.130.150.52-0.070.570.570.55-0.340.220.13
0.23-0.370.480.12-0.240.070.40.280.11-0.14-0.240.280.27-0.51-0.450.550.150.28-0.210.160.180.30.280.280.58
0.93-0.280.550.89-0.990.640.271.00.79-0.82-0.151.00.97-0.27-0.440.050.520.28-0.390.850.810.990.050.140.19
-0.130.050.06-0.060.42-0.71-0.03-0.390.1-0.060.4-0.39-0.210.740.750.31-0.07-0.21-0.390.090.17-0.290.17-0.41-0.55
0.95-0.160.540.94-0.830.320.160.850.93-0.940.060.850.930.18-0.020.090.570.160.850.090.990.90.01-0.06-0.15
0.93-0.170.560.92-0.780.270.170.80.93-0.940.070.80.90.220.040.150.570.180.810.170.990.870.03-0.06-0.16
0.96-0.290.590.92-0.970.610.290.980.85-0.87-0.110.980.99-0.2-0.380.10.550.30.99-0.290.90.870.070.10.15
-0.03-0.750.25-0.05-0.06-0.210.750.05-0.070.07-0.030.050.07-0.41-0.230.48-0.340.280.050.170.010.030.070.01-0.08
0.03-0.170.1-0.18-0.120.230.180.14-0.210.1-0.90.140.0-0.55-0.280.20.220.280.14-0.41-0.06-0.060.10.010.49
-0.01-0.230.46-0.12-0.140.290.260.2-0.20.16-0.50.20.07-0.69-0.630.50.130.580.19-0.55-0.15-0.160.15-0.080.49
Click cells to compare fundamentals

RENN Fund Account Relationship Matchups

RENN Fund fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.7M11.9M17.1M14.9M14.0M13.3M
Other Current Liab58.2K(11.4K)(2.4K)(7.7K)(479.0)(455.05)
Total Current Liabilities1.3M10.7K1.9K624.0227.5K216.1K
Total Stockholder Equity12.4M11.9M17.0M14.8M13.8M21.4M
Net Debt1.2M(32.2K)(158.4K)(85.2K)(25.2K)(26.5K)
Retained Earnings(19.2M)(19.5M)(14.2M)(18.4M)(19.4M)(18.4M)
Cash182.032.8K158.8K92.2K25.2K24.0K
Non Current Assets Total13.5M11.9M16.9M14.8M13.9M18.0M
Non Currrent Assets Other(13.5M)(11.9M)(16.9M)(14.8M)(13.9M)(14.6M)
Other Assets117.5K8.8K5.8K5.7K14.0M11.8M
Cash And Short Term Investments182.032.8K158.8K92.2K25.2K24.0K
Net Receivables6.4K320.01.3K20.0K27.9K26.5K
Common Stock Shares Outstanding5.1M4.9M6.0M6.5M7.0M5.4M
Liabilities And Stockholders Equity13.7M11.9M17.1M14.9M14.0M13.3M
Non Current Liabilities Total1.2M80.6K100.0K624.0107.9K102.5K
Other Stockholder Equity(23.2M)29.5M19.2M19.5M14.2M0.0
Total Liab1.2M10.7K1.9K94.2K116.6K110.8K
Total Current Assets6.6K33.2K160.1K112.2K65.8K62.6K
Common Stock31.6M31.4M31.2M33.3M33.2M34.9M
Net Tangible Assets12.4M11.9M17.0M14.8M13.3M12.8M
Long Term Investments13.5M11.9M16.9M14.8M13.9M12.2M
Other Current Assets(105.1K)12.0K6.1K6.1K12.8K20.4K
Short Term Debt1.2M675.0444.07.0K8.8K8.3K
Capital Surpluse29.5M31.6M31.4M31.2M35.9M27.5M
Short Long Term Debt Total2.5M675.0444.07.0K8.8K8.3K
Capital Stock31.6M31.4M31.2M33.3M33.2M34.9M

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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.