RENN Cash And Short Term Investments from 2010 to 2024

RCG Stock  USD 2.55  0.11  4.14%   
RENN Fund's Cash And Short Term Investments are decreasing over the last several years with slightly volatile swings. Cash And Short Term Investments are predicted to flatten to about 24 K. Cash And Short Term Investments is 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. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1996-06-30
Previous Quarter
13.6 K
Current Value
13.6 K
Quarterly Volatility
9.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RENN Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RENN Fund's main balance sheet or income statement drivers, such as Interest Expense of 35.91, Selling General Administrative of 232.3 K or Total Revenue of 233 K, as well as many indicators such as Price To Sales Ratio of 51.36, Dividend Yield of 0.0023 or PTB Ratio of 0.65. RENN financial statements analysis is a perfect complement when working with RENN Fund Valuation or Volatility modules.
  
Check out the analysis of RENN Fund Correlation against competitors.
For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.

Latest RENN Fund's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of RENN Fund over the last few years. Short Term Investments is an account in the current assets section of RENN Fund balance sheet. This account contains RENN Fund investments that will expire within one year. These investments include stocks and bonds that can be liquidated by RENN Fund fairly quickly. It is 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. RENN Fund's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RENN Fund's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

RENN Cash And Short Term Investments Regression Statistics

Arithmetic Mean1,484,953
Geometric Mean111,466
Coefficient Of Variation270.82
Mean Deviation2,012,916
Median158,794
Standard Deviation4,021,571
Sample Variance16.2T
Range15.8M
R-Value(0.51)
Mean Square Error12.8T
R-Squared0.27
Significance0.05
Slope(463,005)
Total Sum of Squares226.4T

RENN Cash And Short Term Investments History

202424 K
202325.2 K
202292.2 K
2021158.8 K
202032.8 K
2019 182.0
201813.3 K

About RENN Fund Financial Statements

RENN Fund stakeholders use historical fundamental indicators, such as RENN Fund's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although RENN Fund investors may analyze each financial statement separately, they are all interrelated. For example, changes in RENN Fund's assets and liabilities are reflected in the revenues and expenses on RENN Fund's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in RENN Fund. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments25.2 K24 K

Currently Active Assets on Macroaxis

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:
Check out the analysis of RENN Fund Correlation against competitors.
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.