ReNew Revenue Per Share vs Total Revenue Analysis

RNWWW Stock  USD 0.31  0.10  47.62%   
ReNew Energy financial indicator trend analysis is much more than just breaking down ReNew Energy Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ReNew Energy Global is a good investment. Please check the relationship between ReNew Energy Revenue Per Share and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ReNew Energy Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Revenue Per Share vs Total Revenue

Revenue Per Share vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ReNew Energy Global Revenue Per Share account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ReNew Energy's Revenue Per Share and Total Revenue is 0.88. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Total Revenue in the same time period over historical financial statements of ReNew Energy Global, assuming nothing else is changed. The correlation between historical values of ReNew Energy's Revenue Per Share and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of ReNew Energy Global are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Revenue Per Share i.e., ReNew Energy's Revenue Per Share and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.

Total Revenue

Total revenue comprises all receipts ReNew Energy Global generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from ReNew Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ReNew Energy Global 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 ReNew Energy Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, ReNew Energy's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 852 B in 2024, whereas Tax Provision is likely to drop slightly above 3.2 B in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization13.8B15.9B17.6B14.7B
Interest Income1.8B2.9B4.1B2.6B

ReNew Energy fundamental ratios Correlations

-0.72-0.71-0.67-0.68-0.58-0.59-0.44-0.710.52-0.710.77-0.66-0.61-0.71-0.56-0.55-0.72-0.640.44-0.8-0.6-0.73-0.67-0.69-0.51
-0.720.980.990.990.850.970.910.99-0.650.97-0.970.980.861.00.840.960.990.95-0.40.860.910.990.990.970.76
-0.710.980.980.960.740.920.851.0-0.581.0-0.910.970.780.990.770.91.00.86-0.540.90.841.00.990.990.66
-0.670.990.980.970.810.930.90.98-0.630.97-0.940.950.870.990.880.930.990.91-0.490.80.840.990.990.960.7
-0.680.990.960.970.880.990.930.98-0.630.94-0.970.970.890.980.840.980.980.97-0.30.830.930.970.980.950.82
-0.580.850.740.810.880.870.930.79-0.820.71-0.90.820.840.810.80.890.80.96-0.040.590.950.780.780.70.79
-0.590.970.920.930.990.870.930.94-0.550.9-0.950.940.890.950.81.00.950.97-0.180.790.930.940.950.930.87
-0.440.910.850.90.930.930.930.89-0.760.83-0.870.910.810.890.810.950.880.93-0.220.640.940.860.890.810.71
-0.710.991.00.980.980.790.940.89-0.630.99-0.930.990.81.00.780.931.00.9-0.490.90.881.00.990.980.69
0.52-0.65-0.58-0.63-0.63-0.82-0.55-0.76-0.63-0.570.64-0.68-0.49-0.64-0.61-0.57-0.62-0.670.37-0.45-0.76-0.59-0.59-0.47-0.29
-0.710.971.00.970.940.710.90.830.99-0.57-0.890.970.750.990.740.890.990.84-0.570.910.830.990.990.990.63
0.77-0.97-0.91-0.94-0.97-0.9-0.95-0.87-0.930.64-0.89-0.91-0.94-0.95-0.88-0.94-0.94-0.980.25-0.79-0.9-0.94-0.93-0.9-0.85
-0.660.980.970.950.970.820.940.910.99-0.680.97-0.910.750.980.730.930.980.9-0.450.890.930.970.970.950.67
-0.610.860.780.870.890.840.890.810.8-0.490.75-0.940.750.830.940.90.830.93-0.080.560.760.830.840.790.89
-0.711.00.990.990.980.810.950.891.0-0.640.99-0.950.980.830.820.941.00.91-0.480.870.881.01.00.980.71
-0.560.840.770.880.840.80.80.810.78-0.610.74-0.880.730.940.820.820.810.86-0.30.470.690.810.830.750.69
-0.550.960.90.930.980.891.00.950.93-0.570.89-0.940.930.90.940.820.930.97-0.160.750.930.920.940.910.87
-0.720.991.00.990.980.80.950.881.0-0.620.99-0.940.980.831.00.810.930.91-0.480.880.871.01.00.980.71
-0.640.950.860.910.970.960.970.930.9-0.670.84-0.980.90.930.910.860.970.91-0.120.710.940.90.90.850.88
0.44-0.4-0.54-0.49-0.3-0.04-0.18-0.22-0.490.37-0.570.25-0.45-0.08-0.48-0.3-0.16-0.48-0.12-0.5-0.14-0.49-0.48-0.480.25
-0.80.860.90.80.830.590.790.640.9-0.450.91-0.790.890.560.870.470.750.880.71-0.50.770.890.850.910.57
-0.60.910.840.840.930.950.930.940.88-0.760.83-0.90.930.760.880.690.930.870.94-0.140.770.860.860.810.77
-0.730.991.00.990.970.780.940.861.0-0.590.99-0.940.970.831.00.810.921.00.9-0.490.890.861.00.990.71
-0.670.990.990.990.980.780.950.890.99-0.590.99-0.930.970.841.00.830.941.00.9-0.480.850.861.00.980.71
-0.690.970.990.960.950.70.930.810.98-0.470.99-0.90.950.790.980.750.910.980.85-0.480.910.810.990.980.71
-0.510.760.660.70.820.790.870.710.69-0.290.63-0.850.670.890.710.690.870.710.880.250.570.770.710.710.71
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ReNew Energy Account Relationship Matchups

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When running ReNew Energy's price analysis, check to measure ReNew Energy'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 ReNew Energy is operating at the current time. Most of ReNew Energy's value examination focuses on studying past and present price action to predict the probability of ReNew Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ReNew Energy's price. Additionally, you may evaluate how the addition of ReNew Energy to your portfolios can decrease your overall portfolio volatility.