Rent Ptb Ratio vs Free Cash Flow Per Share Analysis
RENT Stock | USD 10.05 0.04 0.40% |
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 Ptb Ratio and its Free Cash Flow Per Share 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.
Ptb Ratio vs Free Cash Flow Per Share
Ptb Ratio vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rent the Runway Ptb Ratio account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Rent The's Ptb Ratio and Free Cash Flow Per Share is 0.59. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Per Share 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 Ptb Ratio and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Rent the Runway are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Ptb Ratio i.e., Rent The's Ptb Ratio and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.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 |
Rent The fundamental ratios Correlations
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Rent The Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Rent The's price analysis, check to measure Rent The's 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 Rent The is operating at the current time. Most of Rent The's value examination focuses on studying past and present price action to predict the probability of Rent The's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rent The's price. Additionally, you may evaluate how the addition of Rent The to your portfolios can decrease your overall portfolio volatility.