Renrenle Total Assets vs Total Revenue Analysis

002336 Stock

6.65 0.32 5.06%

Renrenle Commercial financial indicator trend analysis is much more than just breaking down Renrenle Commercial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Renrenle Commercial is a good investment. Please check the relationship between Renrenle Commercial Total Assets and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Renrenle Commercial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Assets vs Total Revenue

Total Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renrenle Commercial Total Assets account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.

The correlation between Renrenle Commercial's Total Assets and Total Revenue is 0.72. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Renrenle Commercial Group, assuming nothing else is changed. The correlation between historical values of Renrenle Commercial's Total Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Renrenle Commercial Group are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Assets i.e., Renrenle Commercial's Total Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Assets

Total assets refers to the total amount of Renrenle Commercial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Renrenle Commercial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Revenue

Total revenue comprises all receipts Renrenle Commercial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Renrenle Commercial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Renrenle Commercial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Renrenle Commercial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 1.9 B, whereas Tax Provision is forecasted to decline to about 198.2 K.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	15.3M	13.5M	12.1M	11.5M
Gross Profit	1.2B	1.0B	793.9M	1.3B

Other Operating Expenses Gross Profit

Renrenle Commercial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Non Current Liabilities Total
Total Assets		0.59	0.93	0.73	0.01	-0.42	0.34	0.86	0.68	0.17	0.65	0.57	0.74	0.71	0.67	0.69	0.73	0.62	0.79	0.88	0.52	-0.01	-0.18	0.01	-0.41	-0.13
Other Current Liab	0.59		0.69	0.81	-0.43	-0.76	0.65	0.82	0.63	-0.2	0.89	0.8	0.58	0.6	0.69	0.81	0.4	0.01	0.74	0.65	0.06	-0.54	-0.73	-0.72	-0.72	-0.69
Total Current Liabilities	0.93	0.69		0.71	-0.08	-0.48	0.28	0.86	0.62	0.14	0.62	0.6	0.63	0.6	0.72	0.71	0.81	0.53	0.74	0.95	0.6	-0.07	-0.31	-0.07	-0.37	-0.28
Total Stockholder Equity	0.73	0.81	0.71		-0.5	-0.9	0.84	0.91	0.91	-0.34	0.9	0.81	0.91	0.87	0.88	0.81	0.38	0.04	0.98	0.65	0.05	-0.67	-0.77	-0.36	-0.78	-0.72
Property Plant And Equipment Net	0.01	-0.43	-0.08	-0.5		0.79	-0.75	-0.37	-0.58	0.95	-0.53	-0.47	-0.46	-0.45	-0.25	-0.41	0.38	0.78	-0.44	0.01	0.58	0.84	0.82	0.54	0.69	0.85
Net Debt	-0.42	-0.76	-0.48	-0.9	0.79		-0.92	-0.76	-0.87	0.67	-0.83	-0.75	-0.81	-0.77	-0.73	-0.73	-0.08	0.37	-0.85	-0.41	0.24	0.89	0.94	0.5	0.83	0.93
Retained Earnings	0.34	0.65	0.28	0.84	-0.75	-0.92		0.69	0.82	-0.69	0.81	0.71	0.8	0.75	0.62	0.7	-0.17	-0.4	0.81	0.23	-0.49	-0.89	-0.85	-0.5	-0.89	-0.81
Accounts Payable	0.86	0.82	0.86	0.91	-0.37	-0.76	0.69		0.86	-0.2	0.86	0.79	0.85	0.82	0.76	0.89	0.48	0.25	0.93	0.84	0.18	-0.43	-0.58	-0.32	-0.7	-0.53
Cash	0.68	0.63	0.62	0.91	-0.58	-0.87	0.82	0.86		-0.5	0.84	0.68	0.98	0.94	0.67	0.75	0.24	-0.02	0.95	0.56	-0.02	-0.61	-0.66	-0.21	-0.71	-0.64
Non Current Assets Total	0.17	-0.2	0.14	-0.34	0.95	0.67	-0.69	-0.2	-0.5		-0.36	-0.29	-0.39	-0.37	-0.08	-0.26	0.58	0.84	-0.31	0.22	0.72	0.79	0.69	0.39	0.6	0.73
Non Currrent Assets Other	0.65	0.89	0.62	0.9	-0.53	-0.83	0.81	0.86	0.84	-0.36		0.82	0.8	0.86	0.67	0.78	0.28	-0.03	0.87	0.56	-0.04	-0.62	-0.71	-0.63	-0.73	-0.68
Other Assets	0.57	0.8	0.6	0.81	-0.47	-0.75	0.71	0.79	0.68	-0.29	0.82		0.64	0.61	0.68	0.83	0.27	-0.03	0.77	0.57	-0.01	-0.58	-0.69	-0.54	-0.68	-0.65
Cash And Short Term Investments	0.74	0.58	0.63	0.91	-0.46	-0.81	0.8	0.85	0.98	-0.39	0.8	0.64		0.95	0.69	0.73	0.26	0.1	0.96	0.57	0.01	-0.54	-0.57	-0.12	-0.69	-0.53
Net Receivables	0.71	0.6	0.6	0.87	-0.45	-0.77	0.75	0.82	0.94	-0.37	0.86	0.61	0.95		0.63	0.62	0.27	0.09	0.91	0.54	0.04	-0.5	-0.54	-0.21	-0.6	-0.51
Inventory	0.67	0.69	0.72	0.88	-0.25	-0.73	0.62	0.76	0.67	-0.08	0.67	0.68	0.69	0.63		0.64	0.55	0.18	0.84	0.67	0.26	-0.55	-0.67	-0.16	-0.57	-0.62
Other Current Assets	0.69	0.81	0.71	0.81	-0.41	-0.73	0.7	0.89	0.75	-0.26	0.78	0.83	0.73	0.62	0.64		0.3	0.12	0.83	0.68	0.01	-0.49	-0.61	-0.4	-0.74	-0.56
Other Stockholder Equity	0.73	0.4	0.81	0.38	0.38	-0.08	-0.17	0.48	0.24	0.58	0.28	0.27	0.26	0.27	0.55	0.3		0.74	0.39	0.79	0.92	0.28	0.04	0.14	0.09	0.06
Total Liab	0.62	0.01	0.53	0.04	0.78	0.37	-0.4	0.25	-0.02	0.84	-0.03	-0.03	0.1	0.09	0.18	0.12	0.74		0.14	0.58	0.8	0.67	0.55	0.47	0.33	0.6
Total Current Assets	0.79	0.74	0.74	0.98	-0.44	-0.85	0.81	0.93	0.95	-0.31	0.87	0.77	0.96	0.91	0.84	0.83	0.39	0.14		0.69	0.09	-0.59	-0.67	-0.23	-0.73	-0.62
Intangible Assets	0.88	0.65	0.95	0.65	0.01	-0.41	0.23	0.84	0.56	0.22	0.56	0.57	0.57	0.54	0.67	0.68	0.79	0.58	0.69		0.6	-0.03	-0.24	-0.03	-0.31	-0.21
Common Stock	0.52	0.06	0.6	0.05	0.58	0.24	-0.49	0.18	-0.02	0.72	-0.04	-0.01	0.01	0.04	0.26	0.01	0.92	0.8	0.09	0.6		0.56	0.35	0.4	0.46	0.34
Property Plant Equipment	-0.01	-0.54	-0.07	-0.67	0.84	0.89	-0.89	-0.43	-0.61	0.79	-0.62	-0.58	-0.54	-0.5	-0.55	-0.49	0.28	0.67	-0.59	-0.03	0.56		0.95	0.53	0.75	0.94
Short Long Term Debt Total	-0.18	-0.73	-0.31	-0.77	0.82	0.94	-0.85	-0.58	-0.66	0.69	-0.71	-0.69	-0.57	-0.54	-0.67	-0.61	0.04	0.55	-0.67	-0.24	0.35	0.95		0.61	0.78	0.99
Current Deferred Revenue	0.01	-0.72	-0.07	-0.36	0.54	0.5	-0.5	-0.32	-0.21	0.39	-0.63	-0.54	-0.12	-0.21	-0.16	-0.4	0.14	0.47	-0.23	-0.03	0.4	0.53	0.61		0.57	0.6
Short Term Debt	-0.41	-0.72	-0.37	-0.78	0.69	0.83	-0.89	-0.7	-0.71	0.6	-0.73	-0.68	-0.69	-0.6	-0.57	-0.74	0.09	0.33	-0.73	-0.31	0.46	0.75	0.78	0.57		0.72
Non Current Liabilities Total	-0.13	-0.69	-0.28	-0.72	0.85	0.93	-0.81	-0.53	-0.64	0.73	-0.68	-0.65	-0.53	-0.51	-0.62	-0.56	0.06	0.6	-0.62	-0.21	0.34	0.94	0.99	0.6	0.72

Click cells to compare fundamentals

Renrenle Commercial Account Relationship Matchups

Renrenle Commercial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.7B	4.7B	5.9B	4.9B	3.9B	5.6B
Other Current Liab	1.2B	187.5M	157.3M	426.6M	367.4M	349.0M
Total Current Liabilities	3.2B	3.2B	2.9B	2.8B	2.6B	3.3B
Total Stockholder Equity	1.4B	1.5B	617.8M	110.6M	(386.9M)	(367.6M)
Property Plant And Equipment Net	1.3B	1.1B	3.4B	2.8B	2.5B	1.4B
Net Debt	(328.2M)	(916.8M)	2.2B	1.9B	1.6B	1.7B
Retained Earnings	(1.6B)	(1.6B)	(2.5B)	(3.0B)	(3.5B)	(3.3B)
Accounts Payable	1.3B	1.3B	1.2B	1.0B	955.3M	1.2B
Cash	601.9M	1.1B	240.5M	285.1M	414.2M	393.5M
Non Current Assets Total	2.2B	1.6B	3.8B	3.4B	3.0B	2.1B
Non Currrent Assets Other	295.0M	8.6M	7.4M	85.6M	44.7M	42.4M
Cash And Short Term Investments	601.9M	1.1B	758.3M	435.5M	414.2M	393.5M
Net Receivables	369.1M	344.7M	168.6M	133.0M	77.8M	73.9M
Liabilities And Stockholders Equity	4.7B	4.7B	5.9B	4.9B	3.9B	5.6B
Inventory	1.5B	1.5B	1.1B	840.6M	346.4M	329.1M
Other Current Assets	113.1M	94.2M	38.9M	24.9M	58.8M	55.9M
Total Liab	3.3B	3.2B	5.2B	4.7B	4.3B	3.7B
Total Current Assets	2.6B	3.1B	2.1B	1.4B	897.3M	852.4M
Intangible Assets	91.7M	89.0M	81.3M	83.7M	81.1M	92.2M
Property Plant Equipment	1.3B	1.1B	3.4B	2.8B	3.3B	3.4B
Short Long Term Debt Total	273.6M	227.3M	2.4B	2.2B	2.1B	2.2B
Current Deferred Revenue	412.9M	1.5B	1.3B	978.6M	885.4M	801.3M
Short Term Debt	273.6M	227.3M	236.2M	331.2M	425.6M	226.6M
Non Current Liabilities Total	72.2M	51.6M	2.3B	2.0B	1.6B	1.7B
Other Liab	109.0M	72.2M	51.6M	123.8M	142.3M	83.5M
Short Term Investments	(359.4M)	(327.8M)	517.9M	150.4M	135.4M	81.3M
Net Tangible Assets	1.3B	1.4B	1.4B	536.5M	482.8M	458.7M
Deferred Long Term Liab	233.7M	220.5M	195.5M	133.3M	120.0M	174.0M
Non Current Liabilities Other	32.7M	13.1M	93.8M	69.5M	4.1M	3.9M
Net Invested Capital	1.7B	1.7B	617.8M	210.8M	(221.7M)	(210.6M)
Net Working Capital	(667.2M)	(130.3M)	(808.3M)	(1.3B)	(1.7B)	(1.6B)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Renrenle Stock

Balance Sheet is a snapshot of the financial position of Renrenle Commercial at a specified time, usually calculated after every quarter, six months, or one year. Renrenle Commercial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Renrenle Commercial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Renrenle currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Renrenle Total Assets vs Total Revenue Analysis

Total Assets vs Total Revenue

Total Assets vs Total Revenue Correlation Analysis

Correlation Coefficient

Total Assets

Total Revenue

Renrenle Commercial fundamental ratios Correlations

Renrenle Commercial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Renrenle Commercial fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Renrenle Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Current Assets	+ 0.98	Total Stockholder Equity
Cash And Short Term Investments	+ 0.98	Cash
Total Current Assets	+ 0.96	Cash And Short Term Investments
Intangible Assets	+ 0.95	Total Current Liabilities
Non Current Assets Total	+ 0.95	Property Plant And Equipment Net

Retained Earnings	- 0.92	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Short Term Debt	- 0.89	Retained Earnings
Property Plant Equipment	- 0.89	Retained Earnings
Cash	- 0.87	Net Debt
Short Long Term Debt Total	- 0.85	Retained Earnings