Renasant Capital Expenditures vs Dividends Paid Analysis

RNST Stock  USD 37.88  0.29  0.76%   
Renasant financial indicator trend analysis is much more than just breaking down Renasant prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Renasant is a good investment. Please check the relationship between Renasant Capital Expenditures and its Dividends Paid accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renasant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Renasant Stock please use our How to Invest in Renasant guide.

Capital Expenditures vs Dividends Paid

Capital Expenditures vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renasant Capital Expenditures account and Dividends Paid. At this time, the significance of the direction appears to have strong relationship.
The correlation between Renasant's Capital Expenditures and Dividends Paid is 0.69. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Renasant, assuming nothing else is changed. The correlation between historical values of Renasant's Capital Expenditures and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Renasant are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Capital Expenditures i.e., Renasant's Capital Expenditures and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Expenditures

Capital Expenditures are funds used by Renasant to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Renasant operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Renasant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Renasant 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 Renasant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Renasant Stock please use our How to Invest in Renasant guide.At this time, Renasant's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 12.45 in 2024, whereas Tax Provision is likely to drop slightly above 34.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense44.7M60.5M278.0M291.9M
Depreciation And Amortization22.4M20.0M20.3M21.3M

Renasant fundamental ratios Correlations

0.840.980.96-0.170.980.740.85-0.510.810.660.790.650.960.80.98-0.10.530.560.970.820.850.990.860.77-0.64
0.840.830.830.290.840.420.54-0.420.670.460.70.670.830.770.83-0.150.890.90.810.720.540.810.710.62-0.33
0.980.830.97-0.130.940.70.85-0.50.840.650.830.560.990.770.93-0.010.540.570.980.860.830.970.840.77-0.59
0.960.830.97-0.110.910.680.83-0.440.760.670.850.510.960.710.93-0.090.540.560.950.850.850.940.850.78-0.58
-0.170.29-0.13-0.11-0.12-0.75-0.510.030.0-0.58-0.080.18-0.1-0.11-0.2-0.040.580.57-0.08-0.07-0.43-0.2-0.26-0.460.72
0.980.840.940.91-0.120.70.81-0.550.770.540.680.790.90.830.98-0.250.540.570.930.730.780.990.80.67-0.65
0.740.420.70.68-0.750.70.85-0.330.470.860.560.30.660.640.76-0.070.070.090.640.570.780.750.730.86-0.91
0.850.540.850.83-0.510.810.85-0.240.580.660.630.390.810.70.83-0.020.180.220.850.680.810.860.720.72-0.84
-0.51-0.42-0.5-0.440.03-0.55-0.33-0.24-0.56-0.27-0.39-0.47-0.5-0.27-0.490.36-0.19-0.2-0.41-0.34-0.45-0.5-0.57-0.350.21
0.810.670.840.760.00.770.470.58-0.560.450.70.530.870.670.730.170.480.490.830.730.580.80.610.54-0.32
0.660.460.650.67-0.580.540.860.66-0.270.450.750.030.660.490.640.120.210.20.570.70.720.610.760.98-0.66
0.790.70.830.85-0.080.680.560.63-0.390.70.750.220.850.550.710.190.520.490.80.980.70.730.850.81-0.38
0.650.670.560.510.180.790.30.39-0.470.530.030.220.50.70.73-0.470.530.570.580.30.370.710.410.17-0.36
0.960.830.990.96-0.10.90.660.81-0.50.870.660.850.50.740.890.060.570.590.960.870.80.930.810.77-0.53
0.80.770.770.71-0.110.830.640.7-0.270.670.490.550.70.740.840.00.620.650.780.610.430.810.540.59-0.67
0.980.830.930.93-0.20.980.760.83-0.490.730.640.710.730.890.84-0.250.530.560.910.740.810.980.820.74-0.71
-0.1-0.15-0.01-0.09-0.04-0.25-0.07-0.020.360.170.120.19-0.470.060.0-0.25-0.02-0.040.060.22-0.13-0.15-0.20.070.24
0.530.890.540.540.580.540.070.18-0.190.480.210.520.530.570.620.53-0.021.00.530.530.150.490.370.35-0.01
0.560.90.570.560.570.570.090.22-0.20.490.20.490.570.590.650.56-0.041.00.560.510.170.520.360.34-0.04
0.970.810.980.95-0.080.930.640.85-0.410.830.570.80.580.960.780.910.060.530.560.860.790.960.790.7-0.54
0.820.720.860.85-0.070.730.570.68-0.340.730.70.980.30.870.610.740.220.530.510.860.710.770.850.78-0.4
0.850.540.830.85-0.430.780.780.81-0.450.580.720.70.370.80.430.81-0.130.150.170.790.710.840.850.78-0.61
0.990.810.970.94-0.20.990.750.86-0.50.80.610.730.710.930.810.98-0.150.490.520.960.770.840.820.72-0.67
0.860.710.840.85-0.260.80.730.72-0.570.610.760.850.410.810.540.82-0.20.370.360.790.850.850.820.85-0.56
0.770.620.770.78-0.460.670.860.72-0.350.540.980.810.170.770.590.740.070.350.340.70.780.780.720.85-0.65
-0.64-0.33-0.59-0.580.72-0.65-0.91-0.840.21-0.32-0.66-0.38-0.36-0.53-0.67-0.710.24-0.01-0.04-0.54-0.4-0.61-0.67-0.56-0.65
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Renasant Account Relationship Matchups

Renasant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.4B14.9B16.8B17.0B17.4B18.2B
Short Long Term Debt Total856.5M496.3M485.2M1.1B729.4M765.9M
Total Stockholder Equity2.1B2.1B2.2B2.1B2.3B2.4B
Property Plant And Equipment Net309.7M300.5M293.1M283.6M283.2M297.4M
Net Debt441.6M(158.2M)(1.4B)564.4M(72.0M)(68.4M)
Retained Earnings617.4M615.8M741.6M857.7M952.1M999.7M
Cash414.9M633.2M1.9B576.0M801.4M841.4M
Non Current Assets Total2.6B2.6B4.1B1.3B3.4B3.6B
Non Currrent Assets Other(70.8M)(2.6B)(94.5M)(3.1B)(1.3B)(1.2B)
Other Assets9.0B10.3B8.3B14.0B12.8B13.4B
Cash And Short Term Investments1.7B2.0B4.3B2.1B1.1B634.0M
Common Stock Shares Outstanding58.2M56.5M56.1M56.1M56.4M28.6M
Liabilities And Stockholders Equity13.4B14.9B16.8B17.0B17.4B18.2B
Non Current Liabilities Total376.5M475.0M471.2M14.1B14.8B15.5B
Other Stockholder Equity1.2B1.2B1.2B1.2B1.2B1.3B
Total Liab11.3B475.0M14.6B14.9B15.1B15.8B
Property Plant And Equipment Gross309.7M300.5M430.3M433.1M439.1M461.1M
Total Current Assets1.8B2.1B4.3B1.7B1.1B1.1B
Accumulated Other Comprehensive Income764K25.1M(10.4M)(209.0M)(154.3M)(146.5M)
Total Current Liabilities480M21.3M13.9M712.2M307.6M236.7M
Short Term Debt480M21.3M13.9M700M300M315M
Other Liab97.7M241.5M209.6M134.3M154.4M162.1M
Accounts Payable10.2B12.1B13.9B13.5B15.5B16.3B
Long Term Debt376.5M475.0M471.2M428.1M429.4M268.6M
Short Term Investments1.3B1.3B2.4B1.5B923.3M765.2M
Inventory(422.9M)6.0M(1.9B)1.8M(979.3M)(930.3M)
Treasury Stock(24.2M)(83.2M)(101.6M)(118.0M)(106.2M)(100.9M)
Property Plant Equipment309.7M300.5M293.1M283.6M326.1M342.4M
Good Will611.0M932.9M939.7M1.0B991.7M504.7M
Intangible Assets90.5M93.1M113.1M84.4M18.8M17.9M
Other Current Assets422.9M10.2B1.9B(497.5M)865.8M822.5M
Other Current Liab(480M)12.1B(13.9M)12.2M7.6M7.2M
Net Tangible Assets1.1B1.2B1.2B1.1B1.3B852.6M
Net Receivables85.7M78.4M76.1M115.0M113.5M198.4M
Retained Earnings Total Equity617.4M615.8M741.6M857.7M986.4M1.0B
Long Term Debt Total376.5M475.0M471.2M428.1M492.4M302.6M
Capital Surpluse1.3B1.3B1.3B1.3B1.5B898.1M
Long Term Investments1.6B1.8B2.8B2.9B2.1B1.8B

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