RENN Operating Income vs Ebit Analysis

RCG Stock

USD 2.52 0.03 1.18%

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

For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.

Operating Income vs Ebit

Operating Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RENN Fund Operating Income account and Ebit. At this time, the significance of the direction appears to have totally related.

The correlation between RENN Fund's Operating Income and Ebit is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit in the same time period over historical financial statements of RENN Fund, assuming nothing else is changed. The correlation between historical values of RENN Fund's Operating Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of RENN Fund are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Operating Income i.e., RENN Fund's Operating Income and Ebit go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from RENN Fund operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of RENN Fund is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebit

Most indicators from RENN Fund's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RENN Fund 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in RENN Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.The current Selling General Administrative is estimated to decrease to about 232.3 K. The current Issuance Of Capital Stock is estimated to decrease to about 1.7 M

	2021	2022	2023	2024 (projected)
Total Operating Expenses	230.5K	241.8K	275.8K	262.1K
Cost Of Revenue	81.8K	178.6K	201.3K	191.3K

Total Operating Expenses Cost Of Revenue

RENN Fund fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Long Term Investments	Short Term Investments	Other Current Assets	Cash And Equivalents	Short Long Term Debt Total
Total Assets		-0.18	0.54	0.97	-0.92	0.58	0.17	0.93	0.95	-0.97	-0.03	0.93	0.97	0.01	-0.19	0.04	0.59	0.23	0.93	-0.13	0.95	0.93	0.96	-0.03	0.03	-0.01
Other Current Liab	-0.18		-0.7	-0.12	0.3	-0.07	-1.0	-0.28	-0.08	0.1	0.18	-0.28	-0.26	0.42	0.31	-0.48	0.43	-0.37	-0.28	0.05	-0.16	-0.17	-0.29	-0.75	-0.17	-0.23
Total Current Liabilities	0.54	-0.7		0.48	-0.51	0.17	0.72	0.55	0.47	-0.49	-0.12	0.55	0.58	-0.15	-0.2	0.64	0.07	0.48	0.55	0.06	0.54	0.56	0.59	0.25	0.1	0.46
Total Stockholder Equity	0.97	-0.12	0.48		-0.88	0.54	0.12	0.88	0.98	-0.97	0.11	0.88	0.95	0.13	-0.15	-0.03	0.55	0.12	0.89	-0.06	0.94	0.92	0.92	-0.05	-0.18	-0.12
Net Debt	-0.92	0.3	-0.51	-0.88		-0.66	-0.29	-0.99	-0.78	0.8	0.13	-0.99	-0.96	0.27	0.44	0.04	-0.45	-0.24	-0.99	0.42	-0.83	-0.78	-0.97	-0.06	-0.12	-0.14
Retained Earnings	0.58	-0.07	0.17	0.54	-0.66		0.06	0.64	0.47	-0.5	-0.27	0.64	0.56	-0.41	-0.55	-0.25	0.35	0.07	0.64	-0.71	0.32	0.27	0.61	-0.21	0.23	0.29
Accounts Payable	0.17	-1.0	0.72	0.12	-0.29	0.06		0.27	0.08	-0.1	-0.2	0.27	0.26	-0.43	-0.31	0.53	-0.41	0.4	0.27	-0.03	0.16	0.17	0.29	0.75	0.18	0.26
Cash	0.93	-0.28	0.55	0.88	-0.99	0.64	0.27		0.79	-0.81	-0.16	1.0	0.97	-0.28	-0.44	0.05	0.52	0.28	1.0	-0.39	0.85	0.8	0.98	0.05	0.14	0.2
Non Current Assets Total	0.95	-0.08	0.47	0.98	-0.78	0.47	0.08	0.79		-0.99	0.15	0.79	0.88	0.26	-0.01	0.01	0.56	0.11	0.79	0.1	0.93	0.93	0.85	-0.07	-0.21	-0.2
Non Currrent Assets Other	-0.97	0.1	-0.49	-0.97	0.8	-0.5	-0.1	-0.81	-0.99		-0.07	-0.81	-0.9	-0.21	0.01	-0.03	-0.59	-0.14	-0.82	-0.06	-0.94	-0.94	-0.87	0.07	0.1	0.16
Other Assets	-0.03	0.18	-0.12	0.11	0.13	-0.27	-0.2	-0.16	0.15	-0.07		-0.16	0.0	0.55	0.47	-0.22	-0.24	-0.24	-0.15	0.4	0.06	0.07	-0.11	-0.03	-0.9	-0.5
Cash And Short Term Investments	0.93	-0.28	0.55	0.88	-0.99	0.64	0.27	1.0	0.79	-0.81	-0.16		0.97	-0.28	-0.44	0.05	0.52	0.28	1.0	-0.39	0.85	0.8	0.98	0.05	0.14	0.2
Net Receivables	0.97	-0.26	0.58	0.95	-0.96	0.56	0.26	0.97	0.88	-0.9	0.0	0.97		-0.12	-0.3	0.09	0.53	0.27	0.97	-0.21	0.93	0.9	0.99	0.07	0.0	0.07
Common Stock Total Equity	0.01	0.42	-0.15	0.13	0.27	-0.41	-0.43	-0.28	0.26	-0.21	0.55	-0.28	-0.12		0.84	-0.28	0.02	-0.51	-0.27	0.74	0.18	0.22	-0.2	-0.41	-0.55	-0.69
Common Stock Shares Outstanding	-0.19	0.31	-0.2	-0.15	0.44	-0.55	-0.31	-0.44	-0.01	0.01	0.47	-0.44	-0.3	0.84		-0.17	-0.16	-0.45	-0.44	0.75	-0.02	0.04	-0.38	-0.23	-0.28	-0.63
Non Current Liabilities Total	0.04	-0.48	0.64	-0.03	0.04	-0.25	0.53	0.05	0.01	-0.03	-0.22	0.05	0.09	-0.28	-0.17		0.13	0.55	0.05	0.31	0.09	0.15	0.1	0.48	0.2	0.5
Other Stockholder Equity	0.59	0.43	0.07	0.55	-0.45	0.35	-0.41	0.52	0.56	-0.59	-0.24	0.52	0.53	0.02	-0.16	0.13		0.15	0.52	-0.07	0.57	0.57	0.55	-0.34	0.22	0.13
Total Liab	0.23	-0.37	0.48	0.12	-0.24	0.07	0.4	0.28	0.11	-0.14	-0.24	0.28	0.27	-0.51	-0.45	0.55	0.15		0.28	-0.21	0.16	0.18	0.3	0.28	0.28	0.58
Total Current Assets	0.93	-0.28	0.55	0.89	-0.99	0.64	0.27	1.0	0.79	-0.82	-0.15	1.0	0.97	-0.27	-0.44	0.05	0.52	0.28		-0.39	0.85	0.81	0.99	0.05	0.14	0.19
Common Stock	-0.13	0.05	0.06	-0.06	0.42	-0.71	-0.03	-0.39	0.1	-0.06	0.4	-0.39	-0.21	0.74	0.75	0.31	-0.07	-0.21	-0.39		0.09	0.17	-0.29	0.17	-0.41	-0.55
Net Tangible Assets	0.95	-0.16	0.54	0.94	-0.83	0.32	0.16	0.85	0.93	-0.94	0.06	0.85	0.93	0.18	-0.02	0.09	0.57	0.16	0.85	0.09		0.99	0.9	0.01	-0.06	-0.15
Long Term Investments	0.93	-0.17	0.56	0.92	-0.78	0.27	0.17	0.8	0.93	-0.94	0.07	0.8	0.9	0.22	0.04	0.15	0.57	0.18	0.81	0.17	0.99		0.87	0.03	-0.06	-0.16
Short Term Investments	0.96	-0.29	0.59	0.92	-0.97	0.61	0.29	0.98	0.85	-0.87	-0.11	0.98	0.99	-0.2	-0.38	0.1	0.55	0.3	0.99	-0.29	0.9	0.87		0.07	0.1	0.15
Other Current Assets	-0.03	-0.75	0.25	-0.05	-0.06	-0.21	0.75	0.05	-0.07	0.07	-0.03	0.05	0.07	-0.41	-0.23	0.48	-0.34	0.28	0.05	0.17	0.01	0.03	0.07		0.01	-0.08
Cash And Equivalents	0.03	-0.17	0.1	-0.18	-0.12	0.23	0.18	0.14	-0.21	0.1	-0.9	0.14	0.0	-0.55	-0.28	0.2	0.22	0.28	0.14	-0.41	-0.06	-0.06	0.1	0.01		0.49
Short Long Term Debt Total	-0.01	-0.23	0.46	-0.12	-0.14	0.29	0.26	0.2	-0.2	0.16	-0.5	0.2	0.07	-0.69	-0.63	0.5	0.13	0.58	0.19	-0.55	-0.15	-0.16	0.15	-0.08	0.49

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RENN Fund Account Relationship Matchups

RENN Fund fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.7M	11.9M	17.1M	14.9M	14.0M	13.3M
Other Current Liab	58.2K	(11.4K)	(2.4K)	(7.7K)	(479.0)	(455.05)
Total Current Liabilities	1.3M	10.7K	1.9K	624.0	227.5K	216.1K
Total Stockholder Equity	12.4M	11.9M	17.0M	14.8M	13.8M	21.4M
Net Debt	1.2M	(32.2K)	(158.4K)	(85.2K)	(25.2K)	(26.5K)
Retained Earnings	(19.2M)	(19.5M)	(14.2M)	(18.4M)	(19.4M)	(18.4M)
Cash	182.0	32.8K	158.8K	92.2K	25.2K	24.0K
Non Current Assets Total	13.5M	11.9M	16.9M	14.8M	13.9M	18.0M
Non Currrent Assets Other	(13.5M)	(11.9M)	(16.9M)	(14.8M)	(13.9M)	(14.6M)
Other Assets	117.5K	8.8K	5.8K	5.7K	14.0M	11.8M
Cash And Short Term Investments	182.0	32.8K	158.8K	92.2K	25.2K	24.0K
Net Receivables	6.4K	320.0	1.3K	20.0K	27.9K	26.5K
Common Stock Shares Outstanding	5.1M	4.9M	6.0M	6.5M	7.0M	5.4M
Liabilities And Stockholders Equity	13.7M	11.9M	17.1M	14.9M	14.0M	13.3M
Non Current Liabilities Total	1.2M	80.6K	100.0K	624.0	107.9K	102.5K
Other Stockholder Equity	(23.2M)	29.5M	19.2M	19.5M	14.2M	0.0
Total Liab	1.2M	10.7K	1.9K	94.2K	116.6K	110.8K
Total Current Assets	6.6K	33.2K	160.1K	112.2K	65.8K	62.6K
Common Stock	31.6M	31.4M	31.2M	33.3M	33.2M	34.9M
Net Tangible Assets	12.4M	11.9M	17.0M	14.8M	13.3M	12.8M
Long Term Investments	13.5M	11.9M	16.9M	14.8M	13.9M	12.2M
Other Current Assets	(105.1K)	12.0K	6.1K	6.1K	12.8K	20.4K
Short Term Debt	1.2M	675.0	444.0	7.0K	8.8K	8.3K
Capital Surpluse	29.5M	31.6M	31.4M	31.2M	35.9M	27.5M
Short Long Term Debt Total	2.5M	675.0	444.0	7.0K	8.8K	8.3K
Capital Stock	31.6M	31.4M	31.2M	33.3M	33.2M	34.9M

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When determining whether RENN Fund is a strong investment it is important to analyze RENN Fund's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RENN Fund's future performance. For an informed investment choice regarding RENN Stock, refer to the following important reports:

How To Invest In RENN

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Is RENN Stock a good investment?

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What is RENN Fund's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RENN Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.

You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RENN Fund. If investors know RENN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RENN Fund listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(1.00)

Dividend Share

0.015

Earnings Share

0.16

Revenue Per Share

0.044

Quarterly Revenue Growth

0.175

The market value of RENN Fund is measured differently than its book value, which is the value of RENN that is recorded on the company's balance sheet. Investors also form their own opinion of RENN Fund's value that differs from its market value or its book value, called intrinsic value, which is RENN Fund's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RENN Fund's market value can be influenced by many factors that don't directly affect RENN Fund's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between RENN Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if RENN Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RENN Fund's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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RENN Operating Income vs Ebit Analysis

Operating Income vs Ebit

Operating Income vs Ebit Correlation Analysis

Correlation Coefficient

Operating Income

Ebit

RENN Fund fundamental ratios Correlations

RENN Fund Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RENN Fund fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Short Term Investments	+ 0.99	Net Receivables
Short Term Investments	+ 0.99	Total Current Assets
Long Term Investments	+ 0.99	Net Tangible Assets

Accounts Payable	- 1.0	Other Current Liab
Non Currrent Assets Other	- 0.99	Non Current Assets Total
Total Current Assets	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Short Term Investments	- 0.97	Net Debt