Renew Asset Turnover vs Non Current Liabilities Total Analysis

RNW Stock

USD 6.46 0.11 1.67%

Renew Energy financial indicator trend analysis is much more than just breaking down Renew Energy Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Renew Energy Global is a good investment. Please check the relationship between Renew Energy Asset Turnover and its Non Current Liabilities Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renew Energy Global. 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.

Asset Turnover vs Non Current Liabilities Total

Asset Turnover vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renew Energy Global Asset Turnover account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Renew Energy's Asset Turnover and Non Current Liabilities Total is 0.47. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Renew Energy Global, assuming nothing else is changed. The correlation between historical values of Renew Energy's Asset Turnover and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Renew Energy Global are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Asset Turnover i.e., Renew Energy's Asset Turnover and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Non Current Liabilities Total

Most indicators from Renew Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Renew Energy Global 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 Renew Energy Global. 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.

Sales General And Administrative To Revenue is likely to climb to 0.07 in 2025, whereas Tax Provision is likely to drop slightly above 3.2 B in 2025.

	2022	2023	2024	2025 (projected)
EBIT	41.5B	51.2B	58.8B	35.5B
Other Operating Expenses	25.0B	8.6B	9.9B	17.0B

Ebit Other Operating Expenses

Renew Energy fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Short Term Investments
Other Current Liab		0.74	0.49	0.67	-0.67	0.72	0.87	-0.03	0.71	0.7	0.7	-0.62	0.43	0.69	0.61	0.69	0.63	0.7	0.56	0.55	0.7	0.37	0.39	0.55	-0.59	0.58
Total Current Liabilities	0.74		0.86	0.95	-0.93	0.99	0.71	0.22	0.85	0.87	0.9	-0.69	0.81	0.97	0.92	0.99	0.91	0.99	0.91	0.87	0.99	0.74	0.74	0.72	-0.73	0.94
Other Liab	0.49	0.86		0.85	-0.84	0.86	0.7	0.63	0.82	0.73	0.95	-0.86	0.97	0.86	0.98	0.9	0.81	0.88	0.97	0.93	0.88	0.95	0.91	0.58	-0.56	0.95
Net Tangible Assets	0.67	0.95	0.85		-0.9	0.92	0.69	0.27	0.73	0.72	0.9	-0.64	0.84	0.95	0.91	0.92	0.97	0.9	0.84	0.87	0.91	0.71	0.81	0.57	-0.57	0.92
Retained Earnings	-0.67	-0.93	-0.84	-0.9		-0.89	-0.7	-0.32	-0.89	-0.91	-0.9	0.7	-0.84	-0.94	-0.89	-0.93	-0.92	-0.91	-0.87	-0.93	-0.92	-0.79	-0.84	-0.65	0.78	-0.91
Accounts Payable	0.72	0.99	0.86	0.92	-0.89		0.69	0.21	0.86	0.86	0.89	-0.7	0.8	0.95	0.92	0.99	0.88	0.99	0.93	0.82	0.99	0.75	0.69	0.73	-0.73	0.95
Other Assets	0.87	0.71	0.7	0.69	-0.7	0.69		0.45	0.77	0.65	0.86	-0.87	0.69	0.72	0.77	0.7	0.68	0.68	0.68	0.69	0.69	0.63	0.65	0.51	-0.52	0.71
Net Receivables	-0.03	0.22	0.63	0.27	-0.32	0.21	0.45		0.41	0.21	0.55	-0.7	0.72	0.32	0.55	0.28	0.34	0.23	0.49	0.52	0.24	0.71	0.71	0.2	-0.14	0.49
Inventory	0.71	0.85	0.82	0.73	-0.89	0.86	0.77	0.41		0.96	0.88	-0.86	0.8	0.86	0.86	0.9	0.76	0.89	0.9	0.82	0.89	0.84	0.73	0.8	-0.89	0.87
Other Current Assets	0.7	0.87	0.73	0.72	-0.91	0.86	0.65	0.21	0.96		0.79	-0.69	0.7	0.87	0.78	0.9	0.77	0.9	0.84	0.79	0.9	0.73	0.65	0.83	-0.95	0.83
Other Stockholder Equity	0.7	0.9	0.95	0.9	-0.9	0.89	0.86	0.55	0.88	0.79		-0.9	0.94	0.92	0.98	0.92	0.89	0.9	0.93	0.92	0.9	0.89	0.89	0.62	-0.64	0.95
Deferred Long Term Liab	-0.62	-0.69	-0.86	-0.64	0.7	-0.7	-0.87	-0.7	-0.86	-0.69	-0.9		-0.85	-0.71	-0.87	-0.74	-0.64	-0.72	-0.85	-0.77	-0.73	-0.89	-0.78	-0.58	0.59	-0.8
Total Current Assets	0.43	0.81	0.97	0.84	-0.84	0.8	0.69	0.72	0.8	0.7	0.94	-0.85		0.87	0.96	0.85	0.86	0.81	0.92	0.93	0.82	0.94	0.96	0.58	-0.57	0.94
Common Stock	0.69	0.97	0.86	0.95	-0.94	0.95	0.72	0.32	0.86	0.87	0.92	-0.71	0.87		0.93	0.97	0.97	0.95	0.89	0.9	0.95	0.77	0.82	0.78	-0.77	0.95
Property Plant Equipment	0.61	0.92	0.98	0.91	-0.89	0.92	0.77	0.55	0.86	0.78	0.98	-0.87	0.96	0.93		0.94	0.89	0.92	0.97	0.94	0.93	0.91	0.9	0.65	-0.63	0.98
Total Assets	0.69	0.99	0.9	0.92	-0.93	0.99	0.7	0.28	0.9	0.9	0.92	-0.74	0.85	0.97	0.94		0.89	1.0	0.96	0.89	1.0	0.81	0.77	0.75	-0.77	0.96
Total Stockholder Equity	0.63	0.91	0.81	0.97	-0.92	0.88	0.68	0.34	0.76	0.77	0.89	-0.64	0.86	0.97	0.89	0.89		0.86	0.81	0.86	0.87	0.71	0.84	0.66	-0.67	0.92
Property Plant And Equipment Net	0.7	0.99	0.88	0.9	-0.91	0.99	0.68	0.23	0.89	0.9	0.9	-0.72	0.81	0.95	0.92	1.0	0.86		0.95	0.85	1.0	0.79	0.72	0.76	-0.77	0.94
Net Debt	0.56	0.91	0.97	0.84	-0.87	0.93	0.68	0.49	0.9	0.84	0.93	-0.85	0.92	0.89	0.97	0.96	0.81	0.95		0.9	0.95	0.94	0.83	0.69	-0.7	0.96
Cash	0.55	0.87	0.93	0.87	-0.93	0.82	0.69	0.52	0.82	0.79	0.92	-0.77	0.93	0.9	0.94	0.89	0.86	0.85	0.9		0.87	0.88	0.95	0.59	-0.64	0.89
Non Current Assets Total	0.7	0.99	0.88	0.91	-0.92	0.99	0.69	0.24	0.89	0.9	0.9	-0.73	0.82	0.95	0.93	1.0	0.87	1.0	0.95	0.87		0.79	0.73	0.75	-0.77	0.95
Non Currrent Assets Other	0.37	0.74	0.95	0.71	-0.79	0.75	0.63	0.71	0.84	0.73	0.89	-0.89	0.94	0.77	0.91	0.81	0.71	0.79	0.94	0.88	0.79		0.9	0.57	-0.61	0.89
Cash And Short Term Investments	0.39	0.74	0.91	0.81	-0.84	0.69	0.65	0.71	0.73	0.65	0.89	-0.78	0.96	0.82	0.9	0.77	0.84	0.72	0.83	0.95	0.73	0.9		0.49	-0.52	0.86
Good Will	0.55	0.72	0.58	0.57	-0.65	0.73	0.51	0.2	0.8	0.83	0.62	-0.58	0.58	0.78	0.65	0.75	0.66	0.76	0.69	0.59	0.75	0.57	0.49		-0.91	0.7
Common Stock Shares Outstanding	-0.59	-0.73	-0.56	-0.57	0.78	-0.73	-0.52	-0.14	-0.89	-0.95	-0.64	0.59	-0.57	-0.77	-0.63	-0.77	-0.67	-0.77	-0.7	-0.64	-0.77	-0.61	-0.52	-0.91		-0.69
Short Term Investments	0.58	0.94	0.95	0.92	-0.91	0.95	0.71	0.49	0.87	0.83	0.95	-0.8	0.94	0.95	0.98	0.96	0.92	0.94	0.96	0.89	0.95	0.89	0.86	0.7	-0.69

Click cells to compare fundamentals

Renew Energy Account Relationship Matchups

Renew Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Other Current Liab	14.1B	24.2B	41.0B	47.2B	54.3B	33.8B
Total Current Liabilities	60.8B	101.3B	115.8B	142.0B	163.4B	91.8B
Other Liab	9.8B	26.0B	29.6B	37.0B	42.5B	24.4B
Net Tangible Assets	35.6B	38.6B	25.7B	78.7B	90.5B	46.7B
Retained Earnings	(6.5B)	(38.4B)	(53.6B)	(56.4B)	(50.8B)	(48.3B)
Accounts Payable	3.2B	5.6B	6.1B	9.1B	10.5B	5.3B
Other Assets	26.3B	12.1B	14.0B	20.0B	23.0B	17.9B
Net Receivables	40.0B	44.8B	22.2B	15.6B	18.0B	28.9B
Inventory	833M	815M	1.2B	1.7B	1.9B	2.0B
Other Current Assets	9.5B	10.5B	23.6B	36.9B	42.4B	44.5B
Other Stockholder Equity	67.2B	153.4B	154.1B	156.8B	180.4B	106.4B
Total Current Assets	92.3B	135.2B	111.8B	104.4B	120.1B	98.9B
Property Plant Equipment	282.5B	345.3B	346.3B	445.1B	511.9B	366.3B
Total Assets	492.1B	641.3B	748.1B	873.9B	1.0T	666.1B
Total Stockholder Equity	62.1B	118.4B	106.8B	105.2B	121.0B	99.0B
Property Plant And Equipment Net	353.8B	445.1B	544.5B	691.5B	795.2B	489.2B
Net Debt	331.0B	363.3B	478.2B	628.6B	722.9B	387.2B
Cash	20.7B	28.4B	38.2B	27.0B	31.1B	25.2B
Non Current Assets Total	399.7B	506.1B	636.4B	769.5B	884.9B	554.9B
Non Currrent Assets Other	4.9B	17.0B	43.2B	33.5B	38.6B	40.5B
Cash And Short Term Investments	47.2B	81.3B	80.6B	51.9B	59.7B	60.7B
Short Term Investments	26.6B	52.9B	42.4B	55.9B	64.3B	41.2B
Non Current Liabilities Total	366.5B	413.7B	512.5B	610.2B	701.7B	459.2B
Total Liab	427.3B	515.0B	628.4B	752.2B	865.1B	558.3B
Intangible Assets	24.8B	28.1B	27.0B	26.3B	30.2B	28.7B
Short Long Term Debt Total	351.6B	391.7B	516.4B	655.7B	754.0B	494.9B
Long Term Debt	308.4B	373.7B	467.7B	565.9B	650.7B	442.9B
Liabilities And Stockholders Equity	492.1B	641.3B	748.1B	873.9B	1.0T	711.7B
Capital Lease Obligations	2.1B	3.5B	6.2B	8.3B	9.6B	10.1B
Net Invested Capital	411.6B	506.7B	617.1B	752.5B	865.4B	592.9B
Long Term Investments	3.0B	3.3B	5.4B	7.9B	9.1B	4.6B
Property Plant And Equipment Gross	395.7B	445.1B	544.5B	779.8B	896.8B	560.5B
Short Long Term Debt	41.1B	14.5B	42.5B	81.5B	93.7B	47.2B
Accumulated Other Comprehensive Income	(5.2B)	(1.3B)	(618M)	2.7B	3.1B	3.2B
Non Current Liabilities Other	11M	5M	1.7B	2.0B	2.3B	2.4B
Net Working Capital	31.5B	33.9B	(4.1B)	(37.6B)	(33.8B)	(32.2B)
Short Term Debt	41.4B	71.0B	67.0B	85.3B	98.1B	66.0B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

F	Ford Motor
GM	General Motors
S	SentinelOne

Additional Tools for Renew Stock Analysis

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

Renew Asset Turnover vs Non Current Liabilities Total Analysis

Asset Turnover vs Non Current Liabilities Total

Asset Turnover vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Asset Turnover

Non Current Liabilities Total

Renew Energy fundamental ratios Correlations

Renew Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Renew Energy fundamental ratios Accounts

Also Currently Popular

Additional Tools for Renew Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Accounts Payable	+ 0.99	Total Current Liabilities
Total Assets	+ 0.99	Total Current Liabilities
Property Plant And Equipment Net	+ 0.99	Total Current Liabilities

Common Stock Shares Outstanding	- 0.95	Other Current Assets
Common Stock	- 0.94	Retained Earnings
Cash	- 0.93	Retained Earnings
Total Assets	- 0.93	Retained Earnings
Retained Earnings	- 0.93	Total Current Liabilities
Non Current Assets Total	- 0.92	Retained Earnings