Renew Historical Income Statement

RNW Stock  USD 6.13  0.24  4.07%   
Historical analysis of Renew Energy income statement accounts such as Tax Provision of 3.2 B, Interest Income of 2.6 B, Depreciation And Amortization of 14.7 B or Selling General Administrative of 4.1 B can show how well Renew Energy Global performed in making a profits. Evaluating Renew Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Renew Energy's future profits or losses.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Renew Energy Global 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 Renew Energy Global is a good buy for the upcoming year.
  
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.

About Renew Income Statement Analysis

Renew Energy Global Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Renew Energy shareholders. The income statement also shows Renew investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Renew Energy Income Statement Chart

At this time, Renew Energy's Other Operating Expenses is fairly stable compared to the past year. Net Income From Continuing Ops is likely to climb to about 4.4 B in 2024, whereas EBIT is likely to drop slightly above 35.5 B in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Renew Energy Global. It is also known as Renew Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Renew Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement 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 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.
At this time, Renew Energy's Other Operating Expenses is fairly stable compared to the past year. Net Income From Continuing Ops is likely to climb to about 4.4 B in 2024, whereas EBIT is likely to drop slightly above 35.5 B in 2024.
 2021 2022 2023 2024 (projected)
EBIT24.2B41.5B51.2B35.5B
Other Operating Expenses26.4B25.0B8.6B17.0B

Renew Energy income statement Correlations

0.680.84-0.560.68-0.820.450.690.730.650.620.620.58-0.780.30.530.490.69-0.72-0.76-0.78
0.680.86-0.730.72-0.840.90.880.740.850.860.860.64-0.230.840.75-0.180.88-0.12-0.86-0.23
0.840.86-0.740.93-0.840.740.870.860.760.780.810.83-0.60.590.520.160.87-0.49-0.92-0.61
-0.56-0.73-0.74-0.830.87-0.82-0.93-0.94-0.89-0.93-0.94-0.850.2-0.8-0.750.21-0.930.070.860.21
0.680.720.93-0.83-0.790.740.880.910.740.790.830.94-0.540.590.460.090.88-0.41-0.91-0.56
-0.82-0.84-0.840.87-0.79-0.82-0.95-0.91-0.94-0.93-0.92-0.730.46-0.74-0.84-0.06-0.950.360.930.47
0.450.90.74-0.820.74-0.820.930.770.910.940.940.73-0.060.970.8-0.350.930.05-0.85-0.07
0.690.880.87-0.930.88-0.950.930.940.960.980.990.85-0.350.860.82-0.091.0-0.22-0.95-0.36
0.730.740.86-0.940.91-0.910.770.940.90.920.930.91-0.50.690.730.110.94-0.38-0.88-0.51
0.650.850.76-0.890.74-0.940.910.960.90.990.980.75-0.290.880.94-0.060.96-0.19-0.85-0.3
0.620.860.78-0.930.79-0.930.940.980.920.991.00.82-0.250.90.89-0.130.98-0.14-0.88-0.26
0.620.860.81-0.940.83-0.920.940.990.930.981.00.85-0.260.890.86-0.140.99-0.14-0.9-0.27
0.580.640.83-0.850.94-0.730.730.850.910.750.820.85-0.430.610.50.060.85-0.31-0.81-0.45
-0.78-0.23-0.60.2-0.540.46-0.06-0.35-0.5-0.29-0.25-0.26-0.430.13-0.13-0.87-0.350.990.441.0
0.30.840.59-0.80.59-0.740.970.860.690.880.90.890.610.130.83-0.490.860.24-0.740.13
0.530.750.52-0.750.46-0.840.80.820.730.940.890.860.5-0.130.83-0.10.82-0.07-0.66-0.13
0.49-0.180.160.210.09-0.06-0.35-0.090.11-0.06-0.13-0.140.06-0.87-0.49-0.1-0.09-0.930.04-0.86
0.690.880.87-0.930.88-0.950.931.00.940.960.980.990.85-0.350.860.82-0.09-0.22-0.95-0.36
-0.72-0.12-0.490.07-0.410.360.05-0.22-0.38-0.19-0.14-0.14-0.310.990.24-0.07-0.93-0.220.310.99
-0.76-0.86-0.920.86-0.910.93-0.85-0.95-0.88-0.85-0.88-0.9-0.810.44-0.74-0.660.04-0.950.310.45
-0.78-0.23-0.610.21-0.560.47-0.07-0.36-0.51-0.3-0.26-0.27-0.451.00.13-0.13-0.86-0.360.990.45
Click cells to compare fundamentals

Renew Energy Account Relationship Matchups

Renew Energy income statement Accounts

201920202021202220232024 (projected)
Interest Expense33.4B35.7B36.4B51.0B43.0B35.5B
Other Operating Expenses15.8B17.9B26.4B25.0B8.6B17.0B
Ebit32.7B30.6B24.2B41.5B51.2B35.5B
Net Income Applicable To Common Shares2.6B(2.7B)(7.8B)(16.1B)(14.5B)(13.7B)
Income Tax Expense2.2B2.9B4.0B2.6B4.0B2.8B
Minority Interest4.3B2.7B1.0B212M(743M)(705.9M)
Tax Provision2.2B2.9B4.0B2.6B4.0B3.2B
Net Interest Income(33.0B)(34.9B)(38.3B)(48.1B)(40.9B)(42.9B)
Interest Income2.2B1.9B1.8B2.9B4.1B2.6B
Depreciation And Amortization11.2B12.0B13.8B15.9B17.6B14.7B
Selling General Administrative2.6B3.4B4.5B4.4B4.5B4.1B
Selling And Marketing Expenses22M30M48M118M105M60.7M
Total Revenue48.4B48.2B59.3B78.2B81.3B65.7B
Gross Profit47.9B47.8B59.0B71.3B77.5B63.5B
Operating Income32.7B31.6B73.3B47.1B72.7B53.0B
Net Income From Continuing Ops(2.8B)(8.0B)(16.2B)(5.0B)4.1B4.4B
Ebitda44.0B42.6B38.0B57.5B68.8B53.5B
Cost Of Revenue530M426M324M7.0B3.8B2.2B
Total Operating Expenses15.3B17.5B26.1B18.1B4.6B4.4B
Reconciled Depreciation11.2B12.0B13.8B15.9B17.6B14.7B
Income Before Tax(623M)(5.1B)(12.2B)(2.5B)8.1B8.5B
Total Other Income Expense Net(33.4B)(36.7B)(46.4B)(45.1B)(64.6B)(61.3B)
Net Income(2.8B)(8.0B)(16.2B)(5.0B)3.4B3.6B

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.

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.