RENN Common Stock Total Equity vs Total Current Liabilities Analysis

RCG Stock

USD 2.77 0.26 10.36%

RENN Fund financial indicator trend analysis is much more than just breaking down RENN Fund prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RENN Fund is a good investment. Please check the relationship between RENN Fund Common Stock Total Equity and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RENN Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.

Common Stock Total Equity vs Total Current Liabilities

Common Stock Total Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RENN Fund Common Stock Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between RENN Fund's Common Stock Total Equity and Total Current Liabilities is -0.15. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of RENN Fund, assuming nothing else is changed. The correlation between historical values of RENN Fund's Common Stock Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of RENN Fund are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., RENN Fund's Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Current Liabilities

Total Current Liabilities is an item on RENN Fund balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RENN Fund are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from RENN Fund's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RENN Fund 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in RENN Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.The current Selling General Administrative is estimated to decrease to about 232.3 K. The current Issuance Of Capital Stock is estimated to decrease to about 1.7 M

	2021	2022	2023	2024 (projected)
Total Operating Expenses	230.5K	241.8K	275.8K	262.1K
Cost Of Revenue	81.8K	178.6K	201.3K	191.3K

Total Operating Expenses Cost Of Revenue

RENN Fund fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Long Term Investments	Short Term Investments	Other Current Assets	Cash And Equivalents	Short Long Term Debt Total
Total Assets		-0.18	0.54	0.97	-0.92	0.58	0.17	0.93	0.95	-0.97	-0.03	0.93	0.97	0.01	-0.19	0.04	0.59	0.23	0.93	-0.13	0.95	0.93	0.96	-0.03	0.03	-0.01
Other Current Liab	-0.18		-0.7	-0.12	0.3	-0.07	-1.0	-0.28	-0.08	0.1	0.18	-0.28	-0.26	0.42	0.31	-0.48	0.43	-0.37	-0.28	0.05	-0.16	-0.17	-0.29	-0.75	-0.17	-0.23
Total Current Liabilities	0.54	-0.7		0.48	-0.51	0.17	0.72	0.55	0.47	-0.49	-0.12	0.55	0.58	-0.15	-0.2	0.64	0.07	0.48	0.55	0.06	0.54	0.56	0.59	0.25	0.1	0.46
Total Stockholder Equity	0.97	-0.12	0.48		-0.88	0.54	0.12	0.88	0.98	-0.97	0.11	0.88	0.95	0.13	-0.15	-0.03	0.55	0.12	0.89	-0.06	0.94	0.92	0.92	-0.05	-0.18	-0.12
Net Debt	-0.92	0.3	-0.51	-0.88		-0.66	-0.29	-0.99	-0.78	0.8	0.13	-0.99	-0.96	0.27	0.44	0.04	-0.45	-0.24	-0.99	0.42	-0.83	-0.78	-0.97	-0.06	-0.12	-0.14
Retained Earnings	0.58	-0.07	0.17	0.54	-0.66		0.06	0.64	0.47	-0.5	-0.27	0.64	0.56	-0.41	-0.55	-0.25	0.35	0.07	0.64	-0.71	0.32	0.27	0.61	-0.21	0.23	0.29
Accounts Payable	0.17	-1.0	0.72	0.12	-0.29	0.06		0.27	0.08	-0.1	-0.2	0.27	0.26	-0.43	-0.31	0.53	-0.41	0.4	0.27	-0.03	0.16	0.17	0.29	0.75	0.18	0.26
Cash	0.93	-0.28	0.55	0.88	-0.99	0.64	0.27		0.79	-0.81	-0.16	1.0	0.97	-0.28	-0.44	0.05	0.52	0.28	1.0	-0.39	0.85	0.8	0.98	0.05	0.14	0.2
Non Current Assets Total	0.95	-0.08	0.47	0.98	-0.78	0.47	0.08	0.79		-0.99	0.15	0.79	0.88	0.26	-0.01	0.01	0.56	0.11	0.79	0.1	0.93	0.93	0.85	-0.07	-0.21	-0.2
Non Currrent Assets Other	-0.97	0.1	-0.49	-0.97	0.8	-0.5	-0.1	-0.81	-0.99		-0.07	-0.81	-0.9	-0.21	0.01	-0.03	-0.59	-0.14	-0.82	-0.06	-0.94	-0.94	-0.87	0.07	0.1	0.16
Other Assets	-0.03	0.18	-0.12	0.11	0.13	-0.27	-0.2	-0.16	0.15	-0.07		-0.16	0.0	0.55	0.47	-0.22	-0.24	-0.24	-0.15	0.4	0.06	0.07	-0.11	-0.03	-0.9	-0.5
Cash And Short Term Investments	0.93	-0.28	0.55	0.88	-0.99	0.64	0.27	1.0	0.79	-0.81	-0.16		0.97	-0.28	-0.44	0.05	0.52	0.28	1.0	-0.39	0.85	0.8	0.98	0.05	0.14	0.2
Net Receivables	0.97	-0.26	0.58	0.95	-0.96	0.56	0.26	0.97	0.88	-0.9	0.0	0.97		-0.12	-0.3	0.09	0.53	0.27	0.97	-0.21	0.93	0.9	0.99	0.07	0.0	0.07
Common Stock Total Equity	0.01	0.42	-0.15	0.13	0.27	-0.41	-0.43	-0.28	0.26	-0.21	0.55	-0.28	-0.12		0.84	-0.28	0.02	-0.51	-0.27	0.74	0.18	0.22	-0.2	-0.41	-0.55	-0.69
Common Stock Shares Outstanding	-0.19	0.31	-0.2	-0.15	0.44	-0.55	-0.31	-0.44	-0.01	0.01	0.47	-0.44	-0.3	0.84		-0.17	-0.16	-0.45	-0.44	0.75	-0.02	0.04	-0.38	-0.23	-0.28	-0.63
Non Current Liabilities Total	0.04	-0.48	0.64	-0.03	0.04	-0.25	0.53	0.05	0.01	-0.03	-0.22	0.05	0.09	-0.28	-0.17		0.13	0.55	0.05	0.31	0.09	0.15	0.1	0.48	0.2	0.5
Other Stockholder Equity	0.59	0.43	0.07	0.55	-0.45	0.35	-0.41	0.52	0.56	-0.59	-0.24	0.52	0.53	0.02	-0.16	0.13		0.15	0.52	-0.07	0.57	0.57	0.55	-0.34	0.22	0.13
Total Liab	0.23	-0.37	0.48	0.12	-0.24	0.07	0.4	0.28	0.11	-0.14	-0.24	0.28	0.27	-0.51	-0.45	0.55	0.15		0.28	-0.21	0.16	0.18	0.3	0.28	0.28	0.58
Total Current Assets	0.93	-0.28	0.55	0.89	-0.99	0.64	0.27	1.0	0.79	-0.82	-0.15	1.0	0.97	-0.27	-0.44	0.05	0.52	0.28		-0.39	0.85	0.81	0.99	0.05	0.14	0.19
Common Stock	-0.13	0.05	0.06	-0.06	0.42	-0.71	-0.03	-0.39	0.1	-0.06	0.4	-0.39	-0.21	0.74	0.75	0.31	-0.07	-0.21	-0.39		0.09	0.17	-0.29	0.17	-0.41	-0.55
Net Tangible Assets	0.95	-0.16	0.54	0.94	-0.83	0.32	0.16	0.85	0.93	-0.94	0.06	0.85	0.93	0.18	-0.02	0.09	0.57	0.16	0.85	0.09		0.99	0.9	0.01	-0.06	-0.15
Long Term Investments	0.93	-0.17	0.56	0.92	-0.78	0.27	0.17	0.8	0.93	-0.94	0.07	0.8	0.9	0.22	0.04	0.15	0.57	0.18	0.81	0.17	0.99		0.87	0.03	-0.06	-0.16
Short Term Investments	0.96	-0.29	0.59	0.92	-0.97	0.61	0.29	0.98	0.85	-0.87	-0.11	0.98	0.99	-0.2	-0.38	0.1	0.55	0.3	0.99	-0.29	0.9	0.87		0.07	0.1	0.15
Other Current Assets	-0.03	-0.75	0.25	-0.05	-0.06	-0.21	0.75	0.05	-0.07	0.07	-0.03	0.05	0.07	-0.41	-0.23	0.48	-0.34	0.28	0.05	0.17	0.01	0.03	0.07		0.01	-0.08
Cash And Equivalents	0.03	-0.17	0.1	-0.18	-0.12	0.23	0.18	0.14	-0.21	0.1	-0.9	0.14	0.0	-0.55	-0.28	0.2	0.22	0.28	0.14	-0.41	-0.06	-0.06	0.1	0.01		0.49
Short Long Term Debt Total	-0.01	-0.23	0.46	-0.12	-0.14	0.29	0.26	0.2	-0.2	0.16	-0.5	0.2	0.07	-0.69	-0.63	0.5	0.13	0.58	0.19	-0.55	-0.15	-0.16	0.15	-0.08	0.49

Click cells to compare fundamentals

RENN Fund Account Relationship Matchups

RENN Fund fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.7M	11.9M	17.1M	14.9M	14.0M	13.3M
Other Current Liab	58.2K	(11.4K)	(2.4K)	(7.7K)	(479.0)	(455.05)
Total Current Liabilities	1.3M	10.7K	1.9K	624.0	227.5K	216.1K
Total Stockholder Equity	12.4M	11.9M	17.0M	14.8M	13.8M	21.4M
Net Debt	1.2M	(32.2K)	(158.4K)	(85.2K)	(25.2K)	(26.5K)
Retained Earnings	(19.2M)	(19.5M)	(14.2M)	(18.4M)	(19.4M)	(18.4M)
Cash	182.0	32.8K	158.8K	92.2K	25.2K	24.0K
Non Current Assets Total	13.5M	11.9M	16.9M	14.8M	13.9M	18.0M
Non Currrent Assets Other	(13.5M)	(11.9M)	(16.9M)	(14.8M)	(13.9M)	(14.6M)
Other Assets	117.5K	8.8K	5.8K	5.7K	14.0M	11.8M
Cash And Short Term Investments	182.0	32.8K	158.8K	92.2K	25.2K	24.0K
Net Receivables	6.4K	320.0	1.3K	20.0K	27.9K	26.5K
Common Stock Shares Outstanding	5.1M	4.9M	6.0M	6.5M	7.0M	5.4M
Liabilities And Stockholders Equity	13.7M	11.9M	17.1M	14.9M	14.0M	13.3M
Non Current Liabilities Total	1.2M	80.6K	100.0K	624.0	107.9K	102.5K
Other Stockholder Equity	(23.2M)	29.5M	19.2M	19.5M	14.2M	0.0
Total Liab	1.2M	10.7K	1.9K	94.2K	116.6K	110.8K
Total Current Assets	6.6K	33.2K	160.1K	112.2K	65.8K	62.6K
Common Stock	31.6M	31.4M	31.2M	33.3M	33.2M	34.9M
Net Tangible Assets	12.4M	11.9M	17.0M	14.8M	13.3M	12.8M
Long Term Investments	13.5M	11.9M	16.9M	14.8M	13.9M	12.2M
Other Current Assets	(105.1K)	12.0K	6.1K	6.1K	12.8K	20.4K
Short Term Debt	1.2M	675.0	444.0	7.0K	8.8K	8.3K
Capital Surpluse	29.5M	31.6M	31.4M	31.2M	35.9M	27.5M
Short Long Term Debt Total	2.5M	675.0	444.0	7.0K	8.8K	8.3K
Capital Stock	31.6M	31.4M	31.2M	33.3M	33.2M	34.9M

Currently Active Assets on Macroaxis

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C
MSFT	Microsoft
GM	General Motors

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:

How To Invest In RENN

Details

Is RENN Stock a good investment?

Details

What is RENN Fund's Net Worth?

Details

Largest Asset Management & Custody Banks Companies

View

Largest Financial Services Companies

View

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RENN Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

RENN Common Stock Total Equity vs Total Current Liabilities Analysis

Common Stock Total Equity vs Total Current Liabilities

Common Stock Total Equity vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Common Stock Total Equity

Total Current Liabilities

RENN Fund fundamental ratios Correlations

RENN Fund Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RENN Fund fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Short Term Investments	+ 0.99	Net Receivables
Short Term Investments	+ 0.99	Total Current Assets
Long Term Investments	+ 0.99	Net Tangible Assets

Accounts Payable	- 1.0	Other Current Liab
Non Currrent Assets Other	- 0.99	Non Current Assets Total
Total Current Assets	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Short Term Investments	- 0.97	Net Debt