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 Cash Per Share and its Capex To Depreciation 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.
Cash Per Share vs Capex To Depreciation
Cash Per Share vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Renasant Cash Per Share account and
Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Renasant's Cash Per Share and Capex To Depreciation is -0.17. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Renasant, assuming nothing else is changed. The correlation between historical values of Renasant's Cash Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Renasant are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Cash Per Share i.e., Renasant's Cash Per Share and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash Per Share
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
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.
Renasant fundamental ratios Correlations
Click cells to compare fundamentals
Renasant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Renasant fundamental ratios Accounts
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Additional Tools for Renasant Stock Analysis
When running Renasant's price analysis, check to
measure Renasant'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 Renasant is operating at the current time. Most of Renasant's value examination focuses on studying past and present price action to
predict the probability of Renasant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renasant's price. Additionally, you may evaluate how the addition of Renasant to your portfolios can decrease your overall portfolio volatility.