Renalytix Ai Stock Return On Equity
| RNLX Stock | USD 0.14 0.01 7.69% |
Renalytix AI fundamentals help investors to digest information that contributes to Renalytix's financial success or failures. It also enables traders to predict the movement of Renalytix Stock. The fundamental analysis module provides a way to measure Renalytix's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Renalytix stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 4.26 | 4.05 |
Renalytix | Return On Equity |
Renalytix AI Company Return On Equity Analysis
Renalytix's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Renalytix Return On Equity | -10.73 |
Most of Renalytix's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Renalytix AI is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Renalytix Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Renalytix is extremely important. It helps to project a fair market value of Renalytix Stock properly, considering its historical fundamentals such as Return On Equity. Since Renalytix's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Renalytix's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Renalytix's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Renalytix Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Renalytix AI has a Return On Equity of -10.7318. This is 55.23% lower than that of the Health Care Technology sector and significantly lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.
Renalytix Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renalytix's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Renalytix could also be used in its relative valuation, which is a method of valuing Renalytix by comparing valuation metrics of similar companies.Renalytix is currently under evaluation in return on equity category among its peers.
Renalytix Fundamentals
| Return On Equity | -10.73 | ||||
| Return On Asset | -0.94 | ||||
| Operating Margin | (9.43) % | ||||
| Current Valuation | 36.84 M | ||||
| Shares Outstanding | 82.96 M | ||||
| Shares Owned By Insiders | 4.51 % | ||||
| Shares Owned By Institutions | 4.13 % | ||||
| Number Of Shares Shorted | 378.92 K | ||||
| Price To Book | 18.77 X | ||||
| Price To Sales | 9.85 X | ||||
| Revenue | 2.29 M | ||||
| Gross Profit | 720 K | ||||
| EBITDA | (28.52 M) | ||||
| Net Income | (33.46 M) | ||||
| Cash And Equivalents | 32.36 M | ||||
| Cash Per Share | 0.89 X | ||||
| Total Debt | 8.54 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 2.48 X | ||||
| Book Value Per Share | (0.05) X | ||||
| Cash Flow From Operations | (30.11 M) | ||||
| Short Ratio | 0.39 X | ||||
| Earnings Per Share | (0.62) X | ||||
| Target Price | 2.5 | ||||
| Beta | 2.1 | ||||
| Market Capitalization | 22.55 M | ||||
| Total Asset | 7.97 M | ||||
| Retained Earnings | (211.78 M) | ||||
| Working Capital | 12.2 M | ||||
| Net Asset | 7.97 M |
About Renalytix Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Renalytix AI's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renalytix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renalytix AI based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Renalytix's price analysis, check to measure Renalytix'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 Renalytix is operating at the current time. Most of Renalytix's value examination focuses on studying past and present price action to predict the probability of Renalytix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renalytix's price. Additionally, you may evaluate how the addition of Renalytix to your portfolios can decrease your overall portfolio volatility.