Rent Long Term Debt vs Current Deferred Revenue Analysis

RENT Stock

USD 11.73 1.74 17.42%

Rent The financial indicator trend analysis is much more than just breaking down Rent the Runway prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rent the Runway is a good investment. Please check the relationship between Rent The Long Term Debt and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rent the Runway. 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.

Long Term Debt vs Current Deferred Revenue

Long Term Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rent the Runway Long Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Rent The's Long Term Debt and Current Deferred Revenue is 0.14. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Rent the Runway, assuming nothing else is changed. The correlation between historical values of Rent The's Long Term Debt and Current Deferred Revenue 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 Debt of Rent the Runway are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Long Term Debt i.e., Rent The's Long Term Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

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Long Term Debt

Long-term debt is a debt that Rent the Runway has held for over one year. Long-term debt appears on Rent the Runway balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Rent the Runway balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Rent The's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rent the Runway 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 Rent the Runway. 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.

At this time, Rent The's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.58 in 2024, whereas Enterprise Value is likely to drop slightly above 298.8 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	329.2M	392.3M	199.7M	148.2M
Cost Of Revenue	133.6M	92.2M	178.5M	99.9M

Total Operating Expenses Cost Of Revenue

Rent The fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Long Term Debt Total	Retained Earnings	Good Will	Intangible Assets	Non Current Liabilities Total
Total Assets		0.92	0.9	-0.34	0.72	0.69	0.53	0.43	0.73	0.85	0.78	0.7	-0.68	-0.08	0.83	0.47	0.09	0.66	0.68	0.88	0.73	0.81	-0.65	0.85	-0.49	0.64
Other Current Liab	0.92		0.89	-0.28	0.68	0.72	0.5	0.25	0.69	0.78	0.74	0.64	-0.73	-0.31	0.76	0.57	0.18	0.58	0.63	0.81	0.72	0.78	-0.68	0.77	-0.52	0.56
Total Current Liabilities	0.9	0.89		-0.48	0.84	0.86	0.59	0.65	0.7	0.81	0.71	0.56	-0.79	0.04	0.75	0.47	0.03	0.74	0.54	0.91	0.83	0.85	-0.68	0.76	-0.63	0.7
Total Stockholder Equity	-0.34	-0.28	-0.48		-0.83	-0.53	-0.84	-0.36	0.03	-0.67	-0.42	0.26	0.64	-0.14	-0.47	0.13	0.54	-0.92	0.3	-0.4	-0.68	-0.7	0.29	-0.48	0.38	-0.94
Property Plant And Equipment Net	0.72	0.68	0.84	-0.83		0.85	0.9	0.5	0.35	0.87	0.69	0.17	-0.9	0.09	0.82	0.31	-0.17	0.92	0.14	0.71	0.95	0.89	-0.66	0.83	-0.65	0.94
Current Deferred Revenue	0.69	0.72	0.86	-0.53	0.85		0.7	0.5	0.4	0.75	0.64	0.26	-0.84	0.0	0.77	0.49	0.13	0.67	0.25	0.68	0.85	0.75	-0.7	0.78	-0.68	0.67
Net Debt	0.53	0.5	0.59	-0.84	0.9	0.7		0.22	0.19	0.73	0.61	0.02	-0.89	0.12	0.8	0.34	-0.03	0.84	-0.01	0.52	0.91	0.85	-0.71	0.79	-0.71	0.89
Accounts Payable	0.43	0.25	0.65	-0.36	0.5	0.5	0.22		0.42	0.39	0.2	0.27	-0.3	0.61	0.25	0.01	-0.24	0.48	0.26	0.58	0.43	0.42	-0.22	0.28	-0.32	0.44
Cash	0.73	0.69	0.7	0.03	0.35	0.4	0.19	0.42		0.29	0.58	0.95	-0.49	0.08	0.42	0.69	0.42	0.26	0.94	0.88	0.5	0.62	-0.69	0.43	-0.62	0.23
Non Current Assets Total	0.85	0.78	0.81	-0.67	0.87	0.75	0.73	0.39	0.29		0.69	0.22	-0.69	-0.11	0.84	0.14	-0.27	0.87	0.19	0.65	0.76	0.79	-0.45	0.86	-0.33	0.86
Non Currrent Assets Other	0.78	0.74	0.71	-0.42	0.69	0.64	0.61	0.2	0.58	0.69		0.51	-0.69	-0.14	0.71	0.54	0.13	0.62	0.5	0.75	0.72	0.76	-0.67	0.74	-0.57	0.63
Cash And Short Term Investments	0.7	0.64	0.56	0.26	0.17	0.26	0.02	0.27	0.95	0.22	0.51		-0.32	0.0	0.4	0.66	0.51	0.07	1.0	0.76	0.34	0.44	-0.58	0.4	-0.45	0.05
Net Receivables	-0.68	-0.73	-0.79	0.64	-0.9	-0.84	-0.89	-0.3	-0.49	-0.69	-0.69	-0.32		-0.02	-0.82	-0.64	-0.2	-0.74	-0.3	-0.72	-0.97	-0.89	0.88	-0.82	0.86	-0.77
Common Stock Shares Outstanding	-0.08	-0.31	0.04	-0.14	0.09	0.0	0.12	0.61	0.08	-0.11	-0.14	0.0	-0.02		-0.01	0.01	0.03	0.1	0.0	0.07	0.14	0.1	-0.13	0.0	-0.29	0.09
Short Term Investments	0.83	0.76	0.75	-0.47	0.82	0.77	0.8	0.25	0.42	0.84	0.71	0.4	-0.82	-0.01		0.53	0.21	0.67	0.38	0.64	0.88	0.79	-0.77	1.0	-0.62	0.7
Other Current Assets	0.47	0.57	0.47	0.13	0.31	0.49	0.34	0.01	0.69	0.14	0.54	0.66	-0.64	0.01	0.53		0.83	0.03	0.68	0.54	0.58	0.48	-0.88	0.52	-0.81	0.06
Other Stockholder Equity	0.09	0.18	0.03	0.54	-0.17	0.13	-0.03	-0.24	0.42	-0.27	0.13	0.51	-0.2	0.03	0.21	0.83		-0.43	0.53	0.11	0.15	0.03	-0.6	0.19	-0.53	-0.4
Total Liab	0.66	0.58	0.74	-0.92	0.92	0.67	0.84	0.48	0.26	0.87	0.62	0.07	-0.74	0.1	0.67	0.03	-0.43		0.03	0.66	0.79	0.87	-0.45	0.68	-0.45	0.99
Total Current Assets	0.68	0.63	0.54	0.3	0.14	0.25	-0.01	0.26	0.94	0.19	0.5	1.0	-0.3	0.0	0.38	0.68	0.53	0.03		0.73	0.32	0.41	-0.58	0.39	-0.44	0.01
Short Term Debt	0.88	0.81	0.91	-0.4	0.71	0.68	0.52	0.58	0.88	0.65	0.75	0.76	-0.72	0.07	0.64	0.54	0.11	0.66	0.73		0.76	0.86	-0.72	0.65	-0.67	0.64
Common Stock	0.73	0.72	0.83	-0.68	0.95	0.85	0.91	0.43	0.5	0.76	0.72	0.34	-0.97	0.14	0.88	0.58	0.15	0.79	0.32	0.76		0.92	-0.86	0.87	-0.85	0.82
Short Long Term Debt Total	0.81	0.78	0.85	-0.7	0.89	0.75	0.85	0.42	0.62	0.79	0.76	0.44	-0.89	0.1	0.79	0.48	0.03	0.87	0.41	0.86	0.92		-0.8	0.79	-0.77	0.87
Retained Earnings	-0.65	-0.68	-0.68	0.29	-0.66	-0.7	-0.71	-0.22	-0.69	-0.45	-0.67	-0.58	0.88	-0.13	-0.77	-0.88	-0.6	-0.45	-0.58	-0.72	-0.86	-0.8		-0.76	0.96	-0.48
Good Will	0.85	0.77	0.76	-0.48	0.83	0.78	0.79	0.28	0.43	0.86	0.74	0.4	-0.82	0.0	1.0	0.52	0.19	0.68	0.39	0.65	0.87	0.79	-0.76		-0.61	0.71
Intangible Assets	-0.49	-0.52	-0.63	0.38	-0.65	-0.68	-0.71	-0.32	-0.62	-0.33	-0.57	-0.45	0.86	-0.29	-0.62	-0.81	-0.53	-0.45	-0.44	-0.67	-0.85	-0.77	0.96	-0.61		-0.49
Non Current Liabilities Total	0.64	0.56	0.7	-0.94	0.94	0.67	0.89	0.44	0.23	0.86	0.63	0.05	-0.77	0.09	0.7	0.06	-0.4	0.99	0.01	0.64	0.82	0.87	-0.48	0.71	-0.49

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Rent Long Term Debt vs Current Deferred Revenue Analysis

Long Term Debt vs Current Deferred Revenue

Long Term Debt vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Long Term Debt

Current Deferred Revenue

Rent The fundamental ratios Correlations

Rent The Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Good Will	+ 1.0	Short Term Investments
Non Current Liabilities Total	+ 0.99	Total Liab
Intangible Assets	+ 0.96	Retained Earnings
Common Stock	+ 0.95	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.95	Cash

Common Stock	- 0.97	Net Receivables
Non Current Liabilities Total	- 0.94	Total Stockholder Equity
Total Liab	- 0.92	Total Stockholder Equity
Net Receivables	- 0.9	Property Plant And Equipment Net
Short Long Term Debt Total	- 0.89	Net Receivables
Net Receivables	- 0.89	Net Debt