Renew Energy Global Stock Cash Position Weight
RNWWW Stock | USD 0.33 0.02 5.71% |
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.
ReNew | Cash Position Weight |
ReNew Energy Global Company Cash Position Weight Analysis
ReNew Energy's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
ReNew Cash Position Weight 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 Cash Position Weight. 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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Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
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In accordance with the recently published financial statements, ReNew Energy Global has 0.0% in Cash Position Weight. This indicator is about the same for the Electric Utilities average (which is currently at 0.0) sector and about the same as Utilities (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
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 Fundamentals
Return On Equity | 0.013 | ||||
Return On Asset | 0.0326 | ||||
Profit Margin | 0.01 % | ||||
Operating Margin | 0.59 % | ||||
Number Of Shares Shorted | 3 | ||||
Revenue | 81.32 B | ||||
EBITDA | 68.75 B | ||||
Net Income | 8.14 B | ||||
Cash And Equivalents | 44.41 B | ||||
Cash Per Share | 116.88 X | ||||
Total Debt | 655.66 B | ||||
Debt To Equity | 4.53 % | ||||
Current Ratio | 1.52 X | ||||
Book Value Per Share | 290.15 X | ||||
Cash Flow From Operations | 68.93 B | ||||
Earnings Per Share | (0.22) X | ||||
Number Of Employees | 3.99 K | ||||
Beta | 0.95 | ||||
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.