Renovaro Historical Balance Sheet
RENB Stock | 0.61 0.09 17.31% |
Trend analysis of Renovaro Biosciences balance sheet accounts such as Other Stockholder Equity of 479.7 M, Total Liab of 32.7 M, Common Stock of 16.3 K or Total Assets of 88.6 M provides information on Renovaro Biosciences' total assets, liabilities, and equity, which is the actual value of Renovaro Biosciences to its prevalent stockholders. By breaking down trends over time using Renovaro Biosciences balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Renovaro Biosciences latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Renovaro Biosciences is a good buy for the upcoming year.
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About Renovaro Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Renovaro Biosciences at a specified time, usually calculated after every quarter, six months, or one year. Renovaro Biosciences Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Renovaro Biosciences and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Renovaro currently owns. An asset can also be divided into two categories, current and non-current.
Renovaro Biosciences Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Renovaro Biosciences balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Renovaro Biosciences are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most accounts from Renovaro Biosciences' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Renovaro Biosciences current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Renovaro Biosciences. 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. For information on how to trade Renovaro Stock refer to our How to Trade Renovaro Stock guide.At present, Renovaro Biosciences' Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 31.8 M, whereas Total Stockholder Equity is forecasted to decline to about 78.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 6.5M | 11.0M | 30.3M | 31.8M | Other Current Liabilities | 3.6M | 723.2K | 17.9M | 18.8M |
Renovaro Biosciences balance sheet Correlations
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Renovaro Biosciences Account Relationship Matchups
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Renovaro Biosciences balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 470.6K | 1.3M | 3.6M | 723.2K | 17.9M | 18.8M | |
Total Current Liabilities | 1.3M | 1.9M | 6.5M | 11.0M | 30.3M | 31.8M | |
Total Stockholder Equity | 166.3M | 174.7M | 72.6M | 46.5M | 132.0M | 78.5M | |
Retained Earnings | (64.2M) | (90.9M) | (204.3M) | (244.0M) | (324.7M) | (308.4M) | |
Common Stock Total Equity | 3.6K | 4.5K | 4.7K | 5.2K | 6.0K | 6.3K | |
Other Stockholder Equity | 230.5M | 265.6M | 277.0M | 290.6M | 456.8M | 479.7M | |
Total Liab | 11.8M | 14.9M | 12.0M | 11.8M | 31.2M | 32.7M | |
Common Stock | 4.7K | 5.2K | 5.3K | 6.4K | 15.5K | 16.3K | |
Total Assets | 178.1M | 189.6M | 84.6M | 58.3M | 163.1M | 88.6M | |
Net Debt | (1.1M) | (13.4M) | (2.2M) | 3.7M | 3.6M | 3.7M | |
Cash | 8.7M | 20.7M | 9.2M | 1.9M | 220.5K | 209.4K | |
Cash And Short Term Investments | 8.7M | 20.7M | 9.2M | 1.9M | 220.5K | 209.4K | |
Net Receivables | 20.8K | 2.0K | 1.6K | 1.1M | 1.3M | 1.3M | |
Common Stock Shares Outstanding | 46.3M | 47.2M | 52.5M | 56.3M | 96.2M | 101.1M | |
Liabilities And Stockholders Equity | 178.1M | 189.6M | 84.6M | 58.3M | 163.1M | 88.6M | |
Non Current Liabilities Total | 10.5M | 13.1M | 5.6M | 775.6K | 842.4K | 800.3K | |
Total Current Assets | 8.9M | 20.9M | 9.6M | 2.6M | 2.0M | 1.9M | |
Short Term Debt | 271.3K | 292.4K | 1.5M | 5.0M | 2.9M | 3.1M | |
Non Current Assets Total | 169.2M | 168.7M | 75.1M | 55.7M | 161.1M | 96.5M | |
Non Currrent Assets Other | 137.6K | 21.0K | 68.6K | 21.7K | 19.8K | 18.9K | |
Accumulated Other Comprehensive Income | (41.4K) | (10.8K) | (30.4K) | (29.9K) | (170.8K) | (162.3K) | |
Intangible Assets | 154.9M | 154.9M | 61.6M | 42.7M | 30.0K | 28.5K | |
Net Tangible Assets | (269.1K) | 8.1M | (636.4K) | (7.8M) | (7.0M) | (6.7M) | |
Accounts Payable | 592.9K | 320.6K | 1.4M | 5.3M | 9.4M | 9.9M | |
Other Current Assets | 242.9K | 232.9K | 393.0K | 690.9K | 668.9K | 362.8K | |
Other Liab | 22.9M | 5.7M | 3.2M | 6.0M | 5.4M | 6.0M | |
Capital Lease Obligations | 1.8M | 1.5M | 1.2M | 969.0K | 1.1M | 871.1K | |
Net Invested Capital | 172.1M | 180.4M | 78.4M | 51.1M | 46.0M | 43.7M | |
Property Plant And Equipment Gross | 2.5M | 2.2M | 2.1M | 1.9M | 2.2M | 1.5M | |
Non Current Liabilities Other | 22.9M | 5.7M | 3.2M | 6.0M | 5.4M | 6.0M | |
Net Working Capital | 7.6M | 19.0M | 3.1M | (8.5M) | (7.6M) | (7.2M) | |
Property Plant Equipment | 2.5M | 2.2M | 1.7M | 1.4M | 1.6M | 1.3M |
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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.When determining whether Renovaro Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Renovaro Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Renovaro Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Renovaro Biosciences Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renovaro Biosciences. 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. For information on how to trade Renovaro Stock refer to our How to Trade Renovaro Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Biotechnology 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 Renovaro Biosciences. If investors know Renovaro 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 Renovaro Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.98) | Return On Assets (0.15) | Return On Equity (0.90) |
The market value of Renovaro Biosciences is measured differently than its book value, which is the value of Renovaro that is recorded on the company's balance sheet. Investors also form their own opinion of Renovaro Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Renovaro Biosciences' 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 Renovaro Biosciences' market value can be influenced by many factors that don't directly affect Renovaro Biosciences' 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 Renovaro Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Renovaro Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renovaro Biosciences' 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.