Renn Fund Total Asset
| RCG Stock | USD 2.64 0.06 2.22% |
Fundamental analysis of RENN Fund allows traders to better anticipate movements in RENN Fund's stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Total Assets | 19.3 M | 27 M |
RENN | Total Asset | Build AI portfolio with RENN Stock |
RENN Fund Company Total Asset Analysis
RENN Fund's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current RENN Fund Total Asset | 19.28 M |
Most of RENN Fund's fundamental indicators, such as Total Asset, 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, RENN Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
RENN Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for RENN Fund is extremely important. It helps to project a fair market value of RENN Stock properly, considering its historical fundamentals such as Total Asset. Since RENN Fund'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 RENN Fund'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 RENN Fund's interrelated accounts and indicators.
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RENN Total Asset Historical Pattern
Today, most investors in RENN Fund Stock are looking for potential investment opportunities by analyzing not only static indicators but also various RENN Fund's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of RENN Fund total asset as a starting point in their analysis.
RENN Fund Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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RENN Total Assets
Total Assets |
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Based on the latest financial disclosure, RENN Fund has a Total Asset of 19.28 M. This is 99.99% lower than that of the Capital Markets sector and 99.94% lower than that of the Financials industry. The total asset for all United States stocks is 99.93% higher than that of the company.
RENN Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RENN Fund's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of RENN Fund could also be used in its relative valuation, which is a method of valuing RENN Fund by comparing valuation metrics of similar companies.RENN Fund is currently under evaluation in total asset category among its peers.
RENN Fund Current Valuation Drivers
We derive many important indicators used in calculating different scores of RENN Fund from analyzing RENN Fund's financial statements. These drivers represent accounts that assess RENN Fund's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of RENN Fund's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 10.2M | 15.8M | 11.8M | 12.0M | 15.6M | 11.6M | |
| Enterprise Value | 10.1M | 15.6M | 11.7M | 12.0M | 15.6M | 8.1M |
RENN Fund ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, RENN Fund's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to RENN Fund's managers, analysts, and investors.Environmental | Governance | Social |
RENN Fundamentals
| Return On Equity | 0.33 | ||||
| Return On Asset | 0.0037 | ||||
| Profit Margin | 14.83 % | ||||
| Operating Margin | 0.30 % | ||||
| Current Valuation | 18.52 M | ||||
| Shares Outstanding | 7.02 M | ||||
| Shares Owned By Insiders | 16.03 % | ||||
| Shares Owned By Institutions | 16.93 % | ||||
| Number Of Shares Shorted | 10.61 K | ||||
| Price To Earning | 2.48 X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 49.87 X | ||||
| Revenue | 5.78 M | ||||
| Gross Profit | 371.42 K | ||||
| EBITDA | 5.51 M | ||||
| Net Income | 5.51 M | ||||
| Cash And Equivalents | 69.89 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 94.21 K | ||||
| Current Ratio | 0.86 X | ||||
| Book Value Per Share | 2.73 X | ||||
| Cash Flow From Operations | (2.15 M) | ||||
| Short Ratio | 1.44 X | ||||
| Earnings Per Share | 0.79 X | ||||
| Beta | 0.51 | ||||
| Market Capitalization | 18.52 M | ||||
| Total Asset | 19.28 M | ||||
| Retained Earnings | (14.04 M) | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 19.28 M | ||||
| Last Dividend Paid | 0.022 |
About RENN Fund Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RENN Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RENN Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RENN Fund 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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Check out RENN Fund Piotroski F Score and RENN Fund Altman Z Score analysis. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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 0.022 | Earnings Share 0.79 | Revenue Per Share | Quarterly Revenue Growth 0.415 |
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.