Renoworks Software Stock Current Asset
RW Stock | CAD 0.32 0.02 6.67% |
Renoworks Software fundamentals help investors to digest information that contributes to Renoworks Software's financial success or failures. It also enables traders to predict the movement of Renoworks Stock. The fundamental analysis module provides a way to measure Renoworks Software'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 Renoworks Software stock.
Non Current Assets Total is likely to drop to about 121.4 K in 2024. Total Current Assets is likely to drop to about 838.7 K in 2024. Renoworks | Current Asset |
Renoworks Software Company Current Asset Analysis
Renoworks Software's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Renoworks Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Renoworks Software is extremely important. It helps to project a fair market value of Renoworks Stock properly, considering its historical fundamentals such as Current Asset. Since Renoworks Software'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 Renoworks Software'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 Renoworks Software's interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Renoworks Total Assets
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In accordance with the recently published financial statements, Renoworks Software has a Current Asset of 0.0. This is 100.0% lower than that of the Software sector and 100.0% lower than that of the Information Technology industry. The current asset for all Canada stocks is 100.0% higher than that of the company.
Renoworks Software Current Valuation Drivers
We derive many important indicators used in calculating different scores of Renoworks Software from analyzing Renoworks Software's financial statements. These drivers represent accounts that assess Renoworks Software's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Renoworks Software's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 10.6M | 22.0M | 17.4M | 7.6M | 4.9M | 4.6M | |
Enterprise Value | 10.6M | 21.9M | 16.5M | 6.9M | 4.2M | 4.5M |
Renoworks Fundamentals
Return On Equity | -26.53 | ||||
Return On Asset | -0.0831 | ||||
Profit Margin | (0.03) % | ||||
Operating Margin | 0.04 % | ||||
Current Valuation | 12.26 M | ||||
Shares Outstanding | 40.66 M | ||||
Shares Owned By Insiders | 44.02 % | ||||
Number Of Shares Shorted | 40.23 K | ||||
Price To Earning | (30.00) X | ||||
Price To Book | 7.76 X | ||||
Price To Sales | 1.94 X | ||||
Revenue | 6.29 M | ||||
Gross Profit | 3.79 M | ||||
EBITDA | (701.11 K) | ||||
Net Income | (497.77 K) | ||||
Cash And Equivalents | 203.43 K | ||||
Cash Per Share | 0.01 X | ||||
Total Debt | 1.87 M | ||||
Debt To Equity | 22.90 % | ||||
Current Ratio | 0.90 X | ||||
Book Value Per Share | (0) X | ||||
Cash Flow From Operations | (52.83 K) | ||||
Short Ratio | 0.61 X | ||||
Beta | 0.38 | ||||
Market Capitalization | 13.01 M | ||||
Total Asset | 1.67 M | ||||
Retained Earnings | (10.23 M) | ||||
Working Capital | (228.36 K) | ||||
Net Asset | 1.67 M |
About Renoworks Software Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Renoworks Software's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renoworks Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renoworks Software 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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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.