Renesas Financial Statements From 2010 to 2024
| RNECF Stock | USD 13.50 0.66 5.14% |
Check Renesas Electronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renesas Electronics' main balance sheet or income statement drivers, such as , as well as many indicators such as . Renesas financial statements analysis is a perfect complement when working with Renesas Electronics Valuation or Volatility modules.
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Renesas Electronics Company Return On Equity Analysis
Renesas Electronics' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Renesas Electronics Return On Equity | 0.19 |
Most of Renesas Electronics' fundamental indicators, such as Return On Equity, 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, Renesas Electronics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Renesas Electronics has a Return On Equity of 0.1903. This is 101.58% lower than that of the Technology sector and 89.31% lower than that of the Semiconductors industry. The return on equity for all United States stocks is 161.39% lower than that of the firm.
Renesas Electronics Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Renesas Electronics's current stock value. Our valuation model uses many indicators to compare Renesas Electronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Renesas Electronics competition to find correlations between indicators driving Renesas Electronics's intrinsic value. More Info.Renesas Electronics is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Renesas Electronics is roughly 1.87 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Renesas Electronics' earnings, one of the primary drivers of an investment's value.About Renesas Electronics Financial Statements
Renesas Electronics stakeholders use historical fundamental indicators, such as Renesas Electronics' revenue or net income, to determine how well the company is positioned to perform in the future. Although Renesas Electronics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Renesas Electronics' assets and liabilities are reflected in the revenues and expenses on Renesas Electronics' 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 Renesas Electronics. Please read more on our technical analysis and fundamental analysis pages.
Renesas Electronics Corporation researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, North America, Europe, rest of Asia, and internationally. The company was incorporated in 2002 and is headquartered in Tokyo, Japan. RENESAS ELECTRONICS operates under Semiconductors classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Renesas Pink Sheet
Renesas Electronics financial ratios help investors to determine whether Renesas Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Renesas with respect to the benefits of owning Renesas Electronics security.