Renasant Accounts Payable vs Net Debt Analysis

RNST Stock

USD 37.90 0.60 1.61%

Renasant financial indicator trend analysis is much more than just breaking down Renasant prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Renasant is a good investment. Please check the relationship between Renasant Accounts Payable and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renasant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Renasant Stock please use our How to Invest in Renasant guide.

Accounts Payable vs Net Debt

Accounts Payable vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renasant Accounts Payable account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Renasant's Accounts Payable and Net Debt is -0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Debt in the same time period over historical financial statements of Renasant, assuming nothing else is changed. The correlation between historical values of Renasant's Accounts Payable and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Renasant are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accounts Payable i.e., Renasant's Accounts Payable and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.2

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Renasant obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Renasant are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Renasant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Renasant 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 Renasant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Renasant Stock please use our How to Invest in Renasant guide.At this time, Renasant's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 12.45 in 2024, whereas Tax Provision is likely to drop slightly above 34.5 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	44.7M	60.5M	278.0M	291.9M
Depreciation And Amortization	22.4M	20.0M	35.2M	37.0M

Interest Expense Depreciation And Amortization

Renasant fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Total Current Liabilities	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments	Inventory
Total Assets		0.84	0.98	0.96	-0.17	0.98	0.74	0.85	-0.6	0.81	0.66	0.79	0.65	0.96	0.8	0.98	-0.1	0.53	0.56	0.97	0.82	0.85	0.99	0.86	0.77	-0.64
Short Long Term Debt Total	0.84		0.83	0.83	0.29	0.84	0.42	0.54	-0.47	0.67	0.46	0.7	0.67	0.83	0.77	0.83	-0.15	0.89	0.9	0.81	0.72	0.54	0.81	0.71	0.62	-0.33
Total Stockholder Equity	0.98	0.83		0.97	-0.13	0.94	0.7	0.85	-0.58	0.84	0.65	0.83	0.56	0.99	0.77	0.93	-0.01	0.54	0.57	0.98	0.86	0.83	0.97	0.84	0.77	-0.59
Property Plant And Equipment Net	0.96	0.83	0.97		-0.11	0.91	0.68	0.83	-0.5	0.76	0.67	0.85	0.51	0.96	0.71	0.93	-0.09	0.54	0.56	0.95	0.85	0.85	0.94	0.85	0.78	-0.58
Net Debt	-0.17	0.29	-0.13	-0.11		-0.12	-0.75	-0.51	0.04	0.0	-0.58	-0.08	0.18	-0.1	-0.11	-0.2	-0.04	0.58	0.57	-0.08	-0.07	-0.43	-0.2	-0.26	-0.46	0.72
Retained Earnings	0.98	0.84	0.94	0.91	-0.12		0.7	0.81	-0.67	0.77	0.54	0.68	0.79	0.9	0.83	0.98	-0.25	0.54	0.57	0.93	0.73	0.78	0.99	0.8	0.67	-0.65
Cash	0.74	0.42	0.7	0.68	-0.75	0.7		0.85	-0.37	0.47	0.86	0.56	0.3	0.66	0.64	0.76	-0.07	0.07	0.09	0.64	0.57	0.78	0.75	0.73	0.86	-0.91
Non Current Assets Total	0.85	0.54	0.85	0.83	-0.51	0.81	0.85		-0.37	0.58	0.66	0.63	0.39	0.81	0.7	0.83	-0.02	0.18	0.22	0.85	0.68	0.81	0.86	0.72	0.72	-0.84
Non Currrent Assets Other	-0.6	-0.47	-0.58	-0.5	0.04	-0.67	-0.37	-0.37		-0.61	-0.2	-0.36	-0.64	-0.55	-0.39	-0.6	0.43	-0.21	-0.24	-0.51	-0.35	-0.49	-0.62	-0.58	-0.3	0.33
Other Assets	0.81	0.67	0.84	0.76	0.0	0.77	0.47	0.58	-0.61		0.45	0.7	0.53	0.87	0.67	0.73	0.17	0.48	0.49	0.83	0.73	0.58	0.8	0.61	0.54	-0.32
Cash And Short Term Investments	0.66	0.46	0.65	0.67	-0.58	0.54	0.86	0.66	-0.2	0.45		0.75	0.03	0.66	0.49	0.64	0.12	0.21	0.2	0.57	0.7	0.72	0.61	0.76	0.98	-0.66
Common Stock Shares Outstanding	0.79	0.7	0.83	0.85	-0.08	0.68	0.56	0.63	-0.36	0.7	0.75		0.22	0.85	0.55	0.71	0.19	0.52	0.49	0.8	0.98	0.7	0.73	0.85	0.81	-0.38
Non Current Liabilities Total	0.65	0.67	0.56	0.51	0.18	0.79	0.3	0.39	-0.64	0.53	0.03	0.22		0.5	0.7	0.73	-0.47	0.53	0.57	0.58	0.3	0.37	0.71	0.41	0.17	-0.36
Other Stockholder Equity	0.96	0.83	0.99	0.96	-0.1	0.9	0.66	0.81	-0.55	0.87	0.66	0.85	0.5		0.74	0.89	0.06	0.57	0.59	0.96	0.87	0.8	0.93	0.81	0.77	-0.53
Total Liab	0.8	0.77	0.77	0.71	-0.11	0.83	0.64	0.7	-0.39	0.67	0.49	0.55	0.7	0.74		0.84	0.0	0.62	0.65	0.78	0.61	0.43	0.81	0.54	0.59	-0.67
Property Plant And Equipment Gross	0.98	0.83	0.93	0.93	-0.2	0.98	0.76	0.83	-0.6	0.73	0.64	0.71	0.73	0.89	0.84		-0.25	0.53	0.56	0.91	0.74	0.81	0.98	0.82	0.74	-0.71
Total Current Assets	-0.1	-0.15	-0.01	-0.09	-0.04	-0.25	-0.07	-0.02	0.43	0.17	0.12	0.19	-0.47	0.06	0.0	-0.25		-0.02	-0.04	0.06	0.22	-0.13	-0.15	-0.2	0.07	0.24
Total Current Liabilities	0.53	0.89	0.54	0.54	0.58	0.54	0.07	0.18	-0.21	0.48	0.21	0.52	0.53	0.57	0.62	0.53	-0.02		1.0	0.53	0.53	0.15	0.49	0.37	0.35	-0.01
Short Term Debt	0.56	0.9	0.57	0.56	0.57	0.57	0.09	0.22	-0.24	0.49	0.2	0.49	0.57	0.59	0.65	0.56	-0.04	1.0		0.56	0.51	0.17	0.52	0.36	0.34	-0.04
Common Stock Total Equity	0.97	0.81	0.98	0.95	-0.08	0.93	0.64	0.85	-0.51	0.83	0.57	0.8	0.58	0.96	0.78	0.91	0.06	0.53	0.56		0.86	0.79	0.96	0.79	0.7	-0.54
Common Stock	0.82	0.72	0.86	0.85	-0.07	0.73	0.57	0.68	-0.35	0.73	0.7	0.98	0.3	0.87	0.61	0.74	0.22	0.53	0.51	0.86		0.71	0.77	0.85	0.78	-0.4
Other Liab	0.85	0.54	0.83	0.85	-0.43	0.78	0.78	0.81	-0.49	0.58	0.72	0.7	0.37	0.8	0.43	0.81	-0.13	0.15	0.17	0.79	0.71		0.84	0.85	0.78	-0.61
Accounts Payable	0.99	0.81	0.97	0.94	-0.2	0.99	0.75	0.86	-0.62	0.8	0.61	0.73	0.71	0.93	0.81	0.98	-0.15	0.49	0.52	0.96	0.77	0.84		0.82	0.72	-0.67
Long Term Debt	0.86	0.71	0.84	0.85	-0.26	0.8	0.73	0.72	-0.58	0.61	0.76	0.85	0.41	0.81	0.54	0.82	-0.2	0.37	0.36	0.79	0.85	0.85	0.82		0.85	-0.56
Short Term Investments	0.77	0.62	0.77	0.78	-0.46	0.67	0.86	0.72	-0.3	0.54	0.98	0.81	0.17	0.77	0.59	0.74	0.07	0.35	0.34	0.7	0.78	0.78	0.72	0.85		-0.65
Inventory	-0.64	-0.33	-0.59	-0.58	0.72	-0.65	-0.91	-0.84	0.33	-0.32	-0.66	-0.38	-0.36	-0.53	-0.67	-0.71	0.24	-0.01	-0.04	-0.54	-0.4	-0.61	-0.67	-0.56	-0.65

Click cells to compare fundamentals

Renasant Account Relationship Matchups

Renasant fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.4B	14.9B	16.8B	17.0B	17.4B	18.2B
Short Long Term Debt Total	856.5M	496.3M	485.2M	1.1B	729.4M	765.9M
Total Stockholder Equity	2.1B	2.1B	2.2B	2.1B	2.3B	2.4B
Property Plant And Equipment Net	309.7M	300.5M	293.1M	283.6M	283.2M	297.4M
Net Debt	441.6M	(158.2M)	(1.4B)	564.4M	(72.0M)	(68.4M)
Retained Earnings	617.4M	615.8M	741.6M	857.7M	952.1M	999.7M
Cash	414.9M	633.2M	1.9B	576.0M	801.4M	841.4M
Non Current Assets Total	2.6B	2.6B	4.1B	1.3B	3.4B	3.6B
Non Currrent Assets Other	(70.8M)	(2.6B)	(94.5M)	(3.1B)	(3.4B)	(3.3B)
Other Assets	9.0B	10.3B	8.3B	14.0B	12.8B	13.4B
Cash And Short Term Investments	1.7B	2.0B	4.3B	2.1B	1.1B	634.0M
Common Stock Shares Outstanding	58.2M	56.5M	56.1M	56.1M	56.4M	28.6M
Liabilities And Stockholders Equity	13.4B	14.9B	16.8B	17.0B	17.4B	18.2B
Non Current Liabilities Total	376.5M	475.0M	471.2M	14.1B	14.8B	15.5B
Other Stockholder Equity	1.2B	1.2B	1.2B	1.2B	1.2B	1.3B
Total Liab	11.3B	475.0M	14.6B	14.9B	15.1B	15.8B
Property Plant And Equipment Gross	309.7M	300.5M	430.3M	433.1M	439.1M	461.1M
Total Current Assets	1.8B	2.1B	4.3B	1.7B	1.1B	1.1B
Accumulated Other Comprehensive Income	764K	25.1M	(10.4M)	(209.0M)	(154.3M)	(146.5M)
Total Current Liabilities	480M	21.3M	13.9M	712.2M	307.6M	236.7M
Short Term Debt	480M	21.3M	13.9M	700M	300M	315M
Other Liab	97.7M	241.5M	209.6M	134.3M	154.4M	162.1M
Accounts Payable	10.2B	12.1B	13.9B	13.5B	15.5B	16.3B
Long Term Debt	376.5M	475.0M	471.2M	428.1M	429.4M	268.6M
Short Term Investments	1.3B	1.3B	2.4B	1.5B	923.3M	765.2M
Inventory	(422.9M)	6.0M	(1.9B)	1.8M	(979.3M)	(930.3M)
Treasury Stock	(24.2M)	(83.2M)	(101.6M)	(118.0M)	(106.2M)	(100.9M)
Property Plant Equipment	309.7M	300.5M	293.1M	283.6M	326.1M	342.4M
Good Will	611.0M	932.9M	939.7M	1.0B	991.7M	504.7M
Intangible Assets	90.5M	93.1M	113.1M	84.4M	18.8M	17.9M
Other Current Assets	422.9M	10.2B	1.9B	(497.5M)	865.8M	822.5M
Other Current Liab	(480M)	12.1B	(13.9M)	12.2M	7.6M	7.2M
Net Tangible Assets	1.1B	1.2B	1.2B	1.1B	1.3B	852.6M
Net Receivables	85.7M	78.4M	76.1M	115.0M	113.5M	198.4M
Retained Earnings Total Equity	617.4M	615.8M	741.6M	857.7M	986.4M	1.0B
Long Term Debt Total	376.5M	475.0M	471.2M	428.1M	492.4M	302.6M
Capital Surpluse	1.3B	1.3B	1.3B	1.3B	1.5B	898.1M
Long Term Investments	1.6B	1.8B	2.8B	2.9B	2.1B	1.8B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Renasant Stock Analysis

When running Renasant's price analysis, check to measure Renasant'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 Renasant is operating at the current time. Most of Renasant's value examination focuses on studying past and present price action to predict the probability of Renasant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renasant's price. Additionally, you may evaluate how the addition of Renasant to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC