Renoworks Software Stock Today

RW Stock  CAD 0.31  0.01  3.13%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 26

 
High
 
Low
Below Average
Renoworks Software is selling for under 0.31 as of the 21st of November 2024; that is 3.13 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.31. Renoworks Software has about a 26 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for Renoworks Software are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Software & Services
Category
Technology
Classification
Information Technology
RenoWorks Software Inc. develops and distributes digital visualization software for the renovation and new home construction sectors in the United States and Canada. It serves manufacturers, contractors, retailers, marketers, and builders. RENOWORKS SOFTWARE operates under Software - Application classification in Canada and is traded on TSX Venture Exchange.. The company has 40.66 M outstanding shares of which 1.39 K shares are at this time shorted by private and institutional investors with about 0.02 trading days to cover. More on Renoworks Software

Moving together with Renoworks Stock

  0.82FFH Fairfax FinancialPairCorr
  0.72IFC Intact FinancialPairCorr

Moving against Renoworks Stock

  0.37GSY goeasyPairCorr

Renoworks Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Renoworks Software's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Renoworks Software or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and DirectorDoug Vickerson
Thematic Ideas
(View all Themes)
Business ConcentrationApplication Software, Software - Application, Information Technology, Software, Computers, Information Technology, Software, Software - Application, Technology, Computing (View all Sectors)
Renoworks Software's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Renoworks Software's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Renoworks Software can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Renoworks Software's financial leverage. It provides some insight into what part of Renoworks Software's total assets is financed by creditors.
Liquidity
Renoworks Software cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Renoworks Software currently holds 1.87 M in liabilities with Debt to Equity (D/E) ratio of 22.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Renoworks Software has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Renoworks Software until it has trouble settling it off, either with new capital or with free cash flow. So, Renoworks Software's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Renoworks Software sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Renoworks to invest in growth at high rates of return. When we think about Renoworks Software's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

570
Renoworks Software (RW) is traded on TSX Venture Exchange in Canada and employs 4 people. Renoworks Software is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.81 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Renoworks Software's market, we take the total number of its shares issued and multiply it by Renoworks Software's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Renoworks Software conducts business under Software sector and is part of Information Technology industry. The entity has 40.66 M outstanding shares of which 1.39 K shares are at this time shorted by private and institutional investors with about 0.02 trading days to cover. Renoworks Software currently holds about 203.43 K in cash with (52.83 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Renoworks Software Probability Of Bankruptcy
Ownership Allocation
Renoworks Software owns a total of 40.66 Million outstanding shares. Renoworks Software has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Renoworks Ownership Details

Renoworks Software Risk Profiles

Although Renoworks Software's alpha and beta are two of the key measurements used to evaluate Renoworks Software's performance over the market, the standard measures of volatility play an important role as well.

Renoworks Stock Against Markets

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Additional Tools for Renoworks Stock Analysis

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