Renrenle Cash And Short Term Investments vs Other Stockholder Equity Analysis

002336 Stock

5.99 0.31 4.92%

Renrenle Commercial financial indicator trend analysis is much more than just breaking down Renrenle Commercial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Renrenle Commercial is a good investment. Please check the relationship between Renrenle Commercial Cash And Short Term Investments and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Renrenle Commercial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renrenle Commercial Cash And Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.

The correlation between Renrenle Commercial's Cash And Short Term Investments and Other Stockholder Equity is 0.2. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Renrenle Commercial Group, assuming nothing else is changed. The correlation between historical values of Renrenle Commercial's Cash And Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Renrenle Commercial Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Renrenle Commercial's Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Renrenle Commercial balance sheet. This account contains Renrenle Commercial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Renrenle Commercial Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Stockholder Equity

Most indicators from Renrenle Commercial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Renrenle Commercial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Renrenle Commercial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 1.9 B, whereas Tax Provision is forecasted to decline to about 178.4 K.

	2022	2024	2025 (projected)
Other Operating Expenses	13.5M	12.1M	11.5M
Gross Profit	1.0B	714.5M	1.3B

Other Operating Expenses Gross Profit

Renrenle Commercial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Non Current Liabilities Total
Total Assets		0.6	0.93	0.74	-0.04	-0.44	0.39	0.86	0.69	0.1	0.66	0.58	0.74	0.72	0.68	0.69	0.67	0.52	0.79	0.87	0.51	-0.05	-0.22	-0.03	-0.36	-0.17
Other Current Liab	0.6		0.68	0.83	-0.57	-0.78	0.68	0.84	0.66	-0.28	0.9	0.82	0.61	0.63	0.73	0.82	0.33	-0.08	0.77	0.63	0.02	-0.58	-0.75	-0.74	-0.75	-0.72
Total Current Liabilities	0.93	0.68		0.69	-0.08	-0.46	0.3	0.84	0.62	0.1	0.62	0.6	0.62	0.6	0.7	0.7	0.78	0.47	0.72	0.95	0.61	-0.08	-0.3	-0.09	-0.29	-0.28
Total Stockholder Equity	0.74	0.83	0.69		-0.68	-0.91	0.86	0.92	0.91	-0.43	0.91	0.82	0.92	0.88	0.9	0.82	0.29	-0.08	0.98	0.62	0.01	-0.7	-0.8	-0.41	-0.84	-0.76
Property Plant And Equipment Net	-0.04	-0.57	-0.08	-0.68		0.91	-0.88	-0.48	-0.67	0.86	-0.66	-0.6	-0.59	-0.56	-0.53	-0.52	0.35	0.74	-0.62	-0.02	0.57	0.99	0.94	0.58	0.8	0.95
Net Debt	-0.44	-0.78	-0.46	-0.91	0.91		-0.93	-0.78	-0.88	0.7	-0.85	-0.77	-0.82	-0.78	-0.77	-0.75	-0.01	0.43	-0.87	-0.39	0.27	0.9	0.95	0.54	0.87	0.94
Retained Earnings	0.39	0.68	0.3	0.86	-0.88	-0.93		0.73	0.84	-0.75	0.82	0.73	0.82	0.77	0.65	0.72	-0.23	-0.47	0.83	0.23	-0.49	-0.88	-0.87	-0.54	-0.91	-0.83
Accounts Payable	0.86	0.84	0.84	0.92	-0.48	-0.78	0.73		0.86	-0.3	0.87	0.81	0.86	0.83	0.79	0.89	0.38	0.11	0.94	0.8	0.12	-0.48	-0.62	-0.37	-0.7	-0.58
Cash	0.69	0.66	0.62	0.91	-0.67	-0.88	0.84	0.86		-0.53	0.85	0.7	0.98	0.95	0.69	0.77	0.18	-0.09	0.95	0.55	-0.05	-0.64	-0.69	-0.26	-0.71	-0.67
Non Current Assets Total	0.1	-0.28	0.1	-0.43	0.86	0.7	-0.75	-0.3	-0.53		-0.42	-0.36	-0.45	-0.42	-0.22	-0.32	0.6	0.86	-0.4	0.2	0.73	0.82	0.71	0.44	0.56	0.74
Non Currrent Assets Other	0.66	0.9	0.62	0.91	-0.66	-0.85	0.82	0.87	0.85	-0.42		0.84	0.82	0.87	0.7	0.79	0.21	-0.12	0.88	0.55	-0.07	-0.65	-0.74	-0.65	-0.76	-0.71
Other Assets	0.58	0.82	0.6	0.82	-0.6	-0.77	0.73	0.81	0.7	-0.36	0.84		0.67	0.63	0.71	0.84	0.21	-0.12	0.79	0.56	-0.04	-0.61	-0.71	-0.57	-0.71	-0.69
Cash And Short Term Investments	0.74	0.61	0.62	0.92	-0.59	-0.82	0.82	0.86	0.98	-0.45	0.82	0.67		0.95	0.72	0.75	0.2	0.0	0.96	0.55	-0.02	-0.58	-0.62	-0.17	-0.72	-0.58
Net Receivables	0.72	0.63	0.6	0.88	-0.56	-0.78	0.77	0.83	0.95	-0.42	0.87	0.63	0.95		0.66	0.64	0.22	0.0	0.91	0.53	0.01	-0.54	-0.58	-0.26	-0.63	-0.56
Inventory	0.68	0.73	0.7	0.9	-0.53	-0.77	0.65	0.79	0.69	-0.22	0.7	0.71	0.72	0.66		0.67	0.43	0.02	0.86	0.64	0.2	-0.59	-0.73	-0.24	-0.74	-0.68
Other Current Assets	0.69	0.82	0.7	0.82	-0.52	-0.75	0.72	0.89	0.77	-0.32	0.79	0.84	0.75	0.64	0.67		0.25	0.04	0.84	0.67	-0.02	-0.52	-0.63	-0.43	-0.72	-0.59
Other Stockholder Equity	0.67	0.33	0.78	0.29	0.35	-0.01	-0.23	0.38	0.18	0.6	0.21	0.21	0.2	0.22	0.43	0.25		0.75	0.3	0.77	0.94	0.34	0.1	0.18	0.12	0.11
Total Liab	0.52	-0.08	0.47	-0.08	0.74	0.43	-0.47	0.11	-0.09	0.86	-0.12	-0.12	0.0	0.0	0.02	0.04	0.75		0.01	0.54	0.82	0.72	0.59	0.51	0.38	0.63
Total Current Assets	0.79	0.77	0.72	0.98	-0.62	-0.87	0.83	0.94	0.95	-0.4	0.88	0.79	0.96	0.91	0.86	0.84	0.3	0.01		0.66	0.04	-0.63	-0.72	-0.29	-0.79	-0.68
Intangible Assets	0.87	0.63	0.95	0.62	-0.02	-0.39	0.23	0.8	0.55	0.2	0.55	0.56	0.55	0.53	0.64	0.67	0.77	0.54	0.66		0.61	-0.02	-0.23	-0.04	-0.26	-0.21
Common Stock	0.51	0.02	0.61	0.01	0.57	0.27	-0.49	0.12	-0.05	0.73	-0.07	-0.04	-0.02	0.01	0.2	-0.02	0.94	0.82	0.04	0.61		0.56	0.37	0.42	0.42	0.36
Property Plant Equipment	-0.05	-0.58	-0.08	-0.7	0.99	0.9	-0.88	-0.48	-0.64	0.82	-0.65	-0.61	-0.58	-0.54	-0.59	-0.52	0.34	0.72	-0.63	-0.02	0.56		0.96	0.57	0.84	0.96
Short Long Term Debt Total	-0.22	-0.75	-0.3	-0.8	0.94	0.95	-0.87	-0.62	-0.69	0.71	-0.74	-0.71	-0.62	-0.58	-0.73	-0.63	0.1	0.59	-0.72	-0.23	0.37	0.96		0.63	0.87	0.99
Current Deferred Revenue	-0.03	-0.74	-0.09	-0.41	0.58	0.54	-0.54	-0.37	-0.26	0.44	-0.65	-0.57	-0.17	-0.26	-0.24	-0.43	0.18	0.51	-0.29	-0.04	0.42	0.57	0.63		0.57	0.62
Short Term Debt	-0.36	-0.75	-0.29	-0.84	0.8	0.87	-0.91	-0.7	-0.71	0.56	-0.76	-0.71	-0.72	-0.63	-0.74	-0.72	0.12	0.38	-0.79	-0.26	0.42	0.84	0.87	0.57		0.81
Non Current Liabilities Total	-0.17	-0.72	-0.28	-0.76	0.95	0.94	-0.83	-0.58	-0.67	0.74	-0.71	-0.69	-0.58	-0.56	-0.68	-0.59	0.11	0.63	-0.68	-0.21	0.36	0.96	0.99	0.62	0.81

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Renrenle Commercial Account Relationship Matchups

Renrenle Commercial fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.7B	5.9B	4.9B	3.9B	4.5B	5.6B
Other Current Liab	187.5M	157.3M	426.6M	367.4M	330.6M	314.1M
Total Current Liabilities	3.2B	2.9B	2.8B	2.6B	3.0B	3.3B
Total Stockholder Equity	1.5B	617.8M	110.6M	(386.9M)	(348.2M)	(330.8M)
Property Plant And Equipment Net	1.1B	3.4B	2.8B	2.5B	2.8B	3.0B
Net Debt	(916.8M)	2.2B	1.9B	1.6B	1.9B	2.0B
Retained Earnings	(1.6B)	(2.5B)	(3.0B)	(3.5B)	(3.1B)	(3.0B)
Accounts Payable	1.3B	1.2B	1.0B	955.3M	859.8M	1.2B
Cash	1.1B	240.5M	285.1M	414.2M	372.7M	354.1M
Non Current Assets Total	1.6B	3.8B	3.4B	3.0B	3.5B	2.1B
Non Currrent Assets Other	8.6M	7.4M	85.6M	44.7M	40.2M	38.2M
Cash And Short Term Investments	1.1B	758.3M	435.5M	414.2M	372.7M	354.1M
Net Receivables	344.7M	168.6M	133.0M	77.8M	70.0M	66.5M
Liabilities And Stockholders Equity	4.7B	5.9B	4.9B	3.9B	4.5B	5.6B
Inventory	1.5B	1.1B	840.6M	346.4M	398.4M	378.5M
Other Current Assets	94.2M	38.9M	24.9M	58.8M	53.0M	50.3M
Other Stockholder Equity	2.6B	2.4B	2.4B	2.4B	2.8B	2.2B
Total Liab	3.2B	5.2B	4.7B	4.3B	4.9B	3.7B
Total Current Assets	3.1B	2.1B	1.4B	897.3M	807.5M	767.1M
Intangible Assets	89.0M	81.3M	83.7M	81.1M	93.2M	92.2M
Property Plant Equipment	1.3B	1.1B	3.4B	2.8B	3.3B	3.4B
Short Long Term Debt Total	227.3M	2.4B	2.2B	2.1B	2.4B	2.5B
Current Deferred Revenue	1.5B	1.3B	978.6M	885.4M	1.0B	801.3M
Short Term Debt	227.3M	236.2M	331.2M	425.6M	489.4M	513.9M
Non Current Liabilities Total	51.6M	2.3B	2.0B	1.6B	1.9B	2.0B
Other Liab	109.0M	72.2M	51.6M	123.8M	142.3M	83.5M
Short Term Investments	(359.4M)	(327.8M)	517.9M	150.4M	135.4M	81.3M
Net Tangible Assets	1.3B	1.4B	1.4B	536.5M	482.8M	458.7M
Deferred Long Term Liab	233.7M	220.5M	195.5M	133.3M	120.0M	174.0M
Short Long Term Debt	273.6M	227.3M	100.2M	165.2M	190.0M	162.3M
Non Current Liabilities Other	13.1M	93.8M	69.5M	4.1M	3.7M	3.5M
Net Invested Capital	1.7B	617.8M	210.8M	(221.7M)	(199.5M)	(189.6M)
Net Working Capital	(130.3M)	(808.3M)	(1.3B)	(1.7B)	(1.6B)	(1.5B)
Property Plant And Equipment Gross	2.0B	4.2B	2.8B	3.4B	3.9B	3.2B

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Balance Sheet is a snapshot of the financial position of Renrenle Commercial at a specified time, usually calculated after every quarter, six months, or one year. Renrenle Commercial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Renrenle Commercial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Renrenle currently owns. An asset can also be divided into two categories, current and non-current.

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Renrenle Cash And Short Term Investments vs Other Stockholder Equity Analysis

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Other Stockholder Equity

Renrenle Commercial fundamental ratios Correlations

Renrenle Commercial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Renrenle Commercial fundamental ratios Accounts

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Other Information on Investing in Renrenle Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Current Assets	+ 0.98	Total Stockholder Equity
Cash And Short Term Investments	+ 0.98	Cash
Total Current Assets	+ 0.96	Cash And Short Term Investments
Short Long Term Debt Total	+ 0.96	Property Plant Equipment

Retained Earnings	- 0.93	Net Debt
Short Term Debt	- 0.91	Retained Earnings
Net Debt	- 0.91	Total Stockholder Equity
Property Plant Equipment	- 0.88	Retained Earnings
Cash	- 0.88	Net Debt
Retained Earnings	- 0.88	Property Plant And Equipment Net