Renoworks Software Stock Shares Outstanding

RW Stock  CAD 0.30  0.01  3.23%   
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.
Common Stock Shares Outstanding is likely to drop to about 28.9 M in 2024.
  
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Renoworks Software Company Shares Outstanding Analysis

Renoworks Software's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current Renoworks Software Shares Outstanding

    
  40.66 M  
Most of Renoworks Software's fundamental indicators, such as Shares Outstanding, 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, Renoworks Software is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Renoworks Shares Outstanding 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 Shares Outstanding. 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.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Renoworks Common Stock Shares Outstanding

Common Stock Shares Outstanding

28.93 Million

At this time, Renoworks Software's Common Stock Shares Outstanding is fairly stable compared to the past year.
Based on the latest financial disclosure, Renoworks Software has 40.66 M of shares currently outstending. This is 78.59% lower than that of the Software sector and 68.12% lower than that of the Information Technology industry. The shares outstanding for all Canada stocks is 92.89% higher than that of the company.

Renoworks Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renoworks Software's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Renoworks Software could also be used in its relative valuation, which is a method of valuing Renoworks Software by comparing valuation metrics of similar companies.
Renoworks Software is currently under evaluation in shares outstanding category among its peers.

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.
201920202021202220232024 (projected)
Market Cap10.6M22.0M17.4M7.6M4.9M4.6M
Enterprise Value10.6M21.9M16.5M6.9M4.2M4.5M

Renoworks Fundamentals

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.