Renaissancere Holdings Financials

RNR Stock  USD 285.44  3.06  1.08%   
Based on the key indicators related to Renaissancere Holdings' liquidity, profitability, solvency, and operating efficiency, Renaissancere Holdings is performing exceptionally good at the present time. It has a great chance to report excellent financial results in December. At this time, Renaissancere Holdings' Non Currrent Assets Other are relatively stable compared to the past year. As of 11/29/2024, Other Assets is likely to grow to about 13.1 B, while Total Current Liabilities is likely to drop slightly above 628.5 M. Key indicators impacting Renaissancere Holdings' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.190.2072
Significantly Down
Slightly volatile
Current Ratio4.964.72
Sufficiently Up
Slightly volatile
The essential information of the day-to-day investment outlook for Renaissancere Holdings includes many different criteria found on its balance sheet. An individual investor should monitor Renaissancere Holdings' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Renaissancere Holdings.

Cash And Equivalents

1.42 Billion

  
Understanding current and past Renaissancere Holdings Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Renaissancere Holdings' financial statements are interrelated, with each one affecting the others. For example, an increase in Renaissancere Holdings' assets may result in an increase in income on the income statement.

Renaissancere Holdings Stock Summary

Renaissancere Holdings competes with Reinsurance Group, Greenlight Capital, Siriuspoint, SCOR PK, and Maiden Holdings. RenaissanceRe Holdings Ltd. provides reinsurance and insurance products in the United States and internationally. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda. Renaissancere Holdings operates under InsuranceReinsurance classification in the United States and is traded on New York Stock Exchange. It employs 649 people.
Specialization
Financial Services, Insurance - Reinsurance
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINBMG7496G1033
CUSIPG7496G103
LocationBermuda
Business AddressRenaissance House, Pembroke,
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.renre.com
Phone441 296 4513
CurrencyUSD - US Dollar

Renaissancere Holdings Key Financial Ratios

Renaissancere Holdings Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets26.3B30.8B34.0B36.6B49.0B51.5B
Net Debt5.0M(600.5M)(690.7M)(23.9M)81.1M85.2M
Retained Earnings4.7B5.4B5.2B4.1B6.5B6.8B
Cash1.4B1.7B1.9B1.2B1.9B2.0B
Other Assets(2.7B)(1.8B)(1.3B)30.7B12.4B13.1B
Net Receivables5.5B6.4B8.4B10.2B13.2B13.9B
Total Liab17.3B19.9B23.8B26.7B33.5B35.1B
Total Current Assets11.4B13.1B15.6B587.1M7.4B4.6B
Common Stock44.1M50.8M44.4M43.7M52.7M74.0M
Other Current Liab(2.8B)(3.5B)(3.9B)(3.8B)(3.9B)(3.7B)
Other Liab7.6B970.1M755.4M11.4B13.1B13.7B
Accounts Payable2.8B3.5B3.9B3.9B3.2B3.3B
Long Term Debt1.4B1.1B1.2B1.2B1.9B2.0B
Good Will210.7M211.0M206.3M206.3M300.5M315.6M
Other Current Assets9.3B823.6M11.7B580.1M924.8M878.5M
Intangible Assets51.5M38.6M37.2M31.5M474.8M498.6M
Net Tangible Assets8.1B10.2B5.6B8.9B10.2B6.6B
Long Term Debt Total1.4B1.1B1.2B1.2B1.3B930.8M
Short Term Debt779K502.1M0.030M75M83.0M
Warrants3.1B3.4B3.6B4.5B5.2B5.5B

Renaissancere Holdings Key Income Statement Accounts

The reason investors look at the income statement is to determine what Renaissancere Holdings' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense58.4M50.5M47.5M48.3M73.2M76.8M
Total Revenue4.2B5.2B5.3B5.0B9.1B9.5B
Ebitda702.1M1.1B(126.3M)(1.3B)3.3B3.4B
Net Income748.8M762.4M(103.4M)(1.2B)2.5B2.7B
Gross Profit4.2B5.2B5.3B5.0B9.1B9.5B
Operating Income761.1M765.1M(61.7M)(1.1B)3.3B3.5B
Ebit761.1M1.1B(105.3M)(1.2B)3.3B3.5B
Income Before Tax967.5M995.9M(114.1M)(1.2B)3.1B3.3B
Income Tax Expense17.2M2.9M(10.7M)(59.0M)(510.1M)(484.6M)
Cost Of Revenue2.2B1.6B2.9B9.1B10.4B10.9B
Minority Interest201.5M230.7M63.3M98.6M(892.4M)(847.8M)
Tax Provision17.2M2.9M(10.7M)(59.0M)49.5M52.0M
Interest Income40.7M5.5M78.5M96.2M110.6M116.2M
Net Interest Income(58.4M)(50.5M)(47.5M)(48.3M)(62.4M)(65.5M)

Renaissancere Holdings Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash271.1M357.7M122.2M(664.7M)683.2M717.3M
Free Cash Flow2.1B2.0B1.2B1.1B1.9B2.0B
Depreciation(59.0M)16.7M(21.0M)(27.0M)(134.8M)(128.0M)
Other Non Cash Items(427.5M)(788.8M)219.1M1.6B(490.4M)(465.9M)
Dividends Paid96.1M99.4M100.7M100.1M110.5M81.9M
Capital Expenditures4.1M2.3B816.3M481.3M1.4B1.5B
Net Income950.3M993.1M(103.4M)(1.2B)3.6B3.8B
End Period Cash Flow1.4B1.7B1.9B1.2B1.9B2.0B
Change To Inventory1.1B1.4B3.4B(971K)(1.1M)(1.1M)
Investments(604.7M)15.2B54.3M(3.0B)(4.7B)(4.5B)
Change Receivables(307.1M)(487.7M)(2.3B)(2.0B)(1.8B)(1.7B)
Change To Netincome(415.2M)(788.8M)219.1M1.6B1.9B2.0B

Renaissancere Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Renaissancere Holdings's current stock value. Our valuation model uses many indicators to compare Renaissancere Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Renaissancere Holdings competition to find correlations between indicators driving Renaissancere Holdings's intrinsic value. More Info.
Renaissancere Holdings 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  0.20  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Renaissancere Holdings is roughly  5.01 . At this time, Renaissancere Holdings' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Renaissancere Holdings by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Renaissancere Holdings Systematic Risk

Renaissancere Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Renaissancere Holdings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Renaissancere Holdings correlated with the market. If Beta is less than 0 Renaissancere Holdings generally moves in the opposite direction as compared to the market. If Renaissancere Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Renaissancere Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Renaissancere Holdings is generally in the same direction as the market. If Beta > 1 Renaissancere Holdings moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Renaissancere Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Renaissancere Holdings' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Renaissancere Holdings growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0119)

At this time, Renaissancere Holdings' Price Earnings To Growth Ratio is relatively stable compared to the past year.

Renaissancere Holdings November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Renaissancere Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Renaissancere Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Renaissancere Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Renaissancere Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Renaissancere Holdings's daily price indicators and compare them against related drivers.

Additional Tools for Renaissancere Stock Analysis

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