RENN Current Deferred Revenue from 2010 to 2024

RCG Stock  USD 2.77  0.26  10.36%   
RENN Fund's Current Deferred Revenue is decreasing over the last several years with slightly volatile swings. Current Deferred Revenue is estimated to finish at 8,715 this year. Current Deferred Revenue is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. View All Fundamentals
 
Current Deferred Revenue  
First Reported
2010-12-31
Previous Quarter
8.3 K
Current Value
8.7 K
Quarterly Volatility
4.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RENN Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RENN Fund's main balance sheet or income statement drivers, such as Interest Expense of 35.91, Selling General Administrative of 232.3 K or Total Revenue of 233 K, as well as many indicators such as Price To Sales Ratio of 51.36, Dividend Yield of 0.0023 or PTB Ratio of 0.65. RENN financial statements analysis is a perfect complement when working with RENN Fund Valuation or Volatility modules.
  
Check out the analysis of RENN Fund Correlation against competitors.
For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.

Latest RENN Fund's Current Deferred Revenue Growth Pattern

Below is the plot of the Current Deferred Revenue of RENN Fund over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. RENN Fund's Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RENN Fund's overall financial position and show how it may be relating to other accounts over time.
Current Deferred Revenue10 Years Trend
Slightly volatile
   Current Deferred Revenue   
       Timeline  

RENN Current Deferred Revenue Regression Statistics

Arithmetic Mean8,180
Coefficient Of Variation56.29
Mean Deviation2,839
Median10,056
Standard Deviation4,605
Sample Variance21.2M
Range16.5K
R-Value(0.47)
Mean Square Error17.7M
R-Squared0.22
Significance0.07
Slope(487.74)
Total Sum of Squares296.8M

RENN Current Deferred Revenue History

2024 8715.0
2023 8300.0
2022 -6412.0
2021 1480.0

About RENN Fund Financial Statements

RENN Fund stakeholders use historical fundamental indicators, such as RENN Fund's Current Deferred Revenue, to determine how well the company is positioned to perform in the future. Although RENN Fund investors may analyze each financial statement separately, they are all interrelated. For example, changes in RENN Fund's assets and liabilities are reflected in the revenues and expenses on RENN Fund's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in RENN Fund. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue8.3 K8.7 K

Currently Active Assets on Macroaxis

When determining whether RENN Fund is a strong investment it is important to analyze RENN Fund's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RENN Fund's future performance. For an informed investment choice regarding RENN Stock, refer to the following important reports:
Check out the analysis of RENN Fund Correlation against competitors.
For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Asset Management & Custody Banks 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 RENN Fund. If investors know RENN 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 RENN Fund listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(1.00)
Dividend Share
0.015
Earnings Share
0.16
Revenue Per Share
0.044
Quarterly Revenue Growth
0.175
The market value of RENN Fund is measured differently than its book value, which is the value of RENN that is recorded on the company's balance sheet. Investors also form their own opinion of RENN Fund's value that differs from its market value or its book value, called intrinsic value, which is RENN Fund's 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 RENN Fund's market value can be influenced by many factors that don't directly affect RENN Fund's 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 RENN Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if RENN Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RENN Fund's 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.