Renew Energy Global Stock Retained Earnings
RNW Stock | USD 6.03 0.06 0.99% |
Renew Energy Global fundamentals help investors to digest information that contributes to Renew Energy's financial success or failures. It also enables traders to predict the movement of Renew Stock. The fundamental analysis module provides a way to measure Renew Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Renew Energy stock.
Last Reported | Projected for Next Year | ||
Retained Earnings | -56.4 B | -53.6 B |
Renew | Retained Earnings |
Renew Energy Global Company Retained Earnings Analysis
Renew Energy's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Renew Energy Retained Earnings | (56.43 B) |
Most of Renew Energy's fundamental indicators, such as Retained Earnings, 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, Renew Energy Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Renew Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Renew Energy is extremely important. It helps to project a fair market value of Renew Stock properly, considering its historical fundamentals such as Retained Earnings. Since Renew Energy'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 Renew Energy'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 Renew Energy's interrelated accounts and indicators.
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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Competition |
Based on the latest financial disclosure, Renew Energy Global has a Retained Earnings of (56.43 Billion). This is 645.45% lower than that of the Electric Utilities sector and significantly lower than that of the Utilities industry. The retained earnings for all United States stocks is significantly higher than that of the company.
Renew Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renew Energy's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Renew Energy could also be used in its relative valuation, which is a method of valuing Renew Energy by comparing valuation metrics of similar companies.Renew Energy is currently under evaluation in retained earnings category among its peers.
Renew Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Renew Energy from analyzing Renew Energy's financial statements. These drivers represent accounts that assess Renew Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Renew Energy's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 329.3B | 293.7B | 249.1B | 172.2B | 182.8B | 176.2B | |
Enterprise Value | 650.3B | 624.6B | 612.4B | 650.5B | 811.4B | 852.0B |
Renew Energy 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, Renew Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Renew Energy's managers, analysts, and investors.Environmental | Governance | Social |
Renew Fundamentals
Return On Equity | 0.013 | ||||
Return On Asset | 0.0326 | ||||
Profit Margin | 0.01 % | ||||
Operating Margin | 0.59 % | ||||
Current Valuation | 9.66 B | ||||
Shares Outstanding | 244.27 M | ||||
Shares Owned By Insiders | 15.75 % | ||||
Shares Owned By Institutions | 83.46 % | ||||
Number Of Shares Shorted | 6.45 M | ||||
Price To Book | 1.66 X | ||||
Price To Sales | 0.03 X | ||||
Revenue | 81.32 B | ||||
Gross Profit | 58.95 B | ||||
EBITDA | 68.75 B | ||||
Net Income | 8.14 B | ||||
Cash And Equivalents | 66.06 B | ||||
Cash Per Share | 165.95 X | ||||
Total Debt | 655.66 B | ||||
Debt To Equity | 3.69 % | ||||
Current Ratio | 1.17 X | ||||
Book Value Per Share | 290.15 X | ||||
Cash Flow From Operations | 68.93 B | ||||
Short Ratio | 7.60 X | ||||
Earnings Per Share | 0.06 X | ||||
Target Price | 734.12 | ||||
Number Of Employees | 3.99 K | ||||
Beta | 0.95 | ||||
Market Capitalization | 2.21 B | ||||
Total Asset | 873.93 B | ||||
Retained Earnings | (56.43 B) | ||||
Working Capital | (37.61 B) | ||||
Net Asset | 873.93 B |
About Renew Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Renew Energy Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renew Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renew Energy Global 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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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.