Renascor Historical Income Statement

RNU Stock   0.06  0  3.45%   
Historical analysis of Renascor Resources income statement accounts such as Other Operating Expenses of 1.9 M, Total Operating Expenses of 1.9 M, Income Before Tax of 1.8 M or Total Other Income Expense Net of 4.8 M can show how well Renascor Resources performed in making a profits. Evaluating Renascor Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Renascor Resources's future profits or losses.
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Renascor Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Renascor Resources is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renascor Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Renascor Income Statement Analysis

Renascor Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Renascor Resources shareholders. The income statement also shows Renascor investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Renascor Resources Income Statement Chart

At this time, Renascor Resources' Interest Income is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 125.3 K in 2024, whereas Total Revenue is likely to drop 513.00 in 2024.

Total Revenue

Total revenue comprises all receipts Renascor Resources 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Renascor Resources. It is also known as Renascor Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Renascor Resources income statement and represents the costs associated with goods and services Renascor Resources provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Renascor Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Renascor Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Renascor Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Renascor Resources' Interest Income is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 125.3 K in 2024, whereas Total Revenue is likely to drop 513.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue6.1K255.0540.0513.0
Depreciation And Amortization4.4K11.1K119.3K113.4K

Renascor Resources income statement Correlations

-0.370.09-0.040.020.1-0.29-0.040.650.620.650.390.020.46-0.250.58-0.320.590.590.46
-0.37-0.130.74-0.71-0.730.120.74-0.64-0.1-0.64-0.1-0.08-0.110.33-0.610.08-0.12-0.12-0.09
0.09-0.13-0.390.410.220.17-0.390.05-0.290.05-0.370.91-0.310.67-0.170.26-0.35-0.35-0.29
-0.040.74-0.39-0.99-0.68-0.121.0-0.460.29-0.460.36-0.340.210.05-0.38-0.150.260.260.22
0.02-0.710.41-0.990.720.21-0.990.37-0.380.37-0.460.36-0.32-0.010.290.29-0.36-0.36-0.33
0.1-0.730.22-0.680.720.59-0.680.19-0.340.19-0.520.16-0.51-0.090.150.5-0.36-0.36-0.53
-0.290.120.17-0.120.210.59-0.12-0.47-0.61-0.47-0.870.14-0.870.25-0.50.83-0.67-0.67-0.87
-0.040.74-0.391.0-0.99-0.68-0.12-0.460.29-0.460.36-0.340.210.05-0.38-0.150.260.260.22
0.65-0.640.05-0.460.370.19-0.47-0.460.711.00.490.030.67-0.320.97-0.620.720.720.67
0.62-0.1-0.290.29-0.38-0.34-0.610.290.710.710.83-0.290.9-0.330.75-0.830.990.990.9
0.65-0.640.05-0.460.370.19-0.47-0.461.00.710.490.030.67-0.320.97-0.620.720.720.67
0.39-0.1-0.370.36-0.46-0.52-0.870.360.490.830.49-0.350.94-0.350.55-0.890.850.850.94
0.02-0.080.91-0.340.360.160.14-0.340.03-0.290.03-0.35-0.290.78-0.180.24-0.33-0.33-0.26
0.46-0.11-0.310.21-0.32-0.51-0.870.210.670.90.670.94-0.29-0.360.72-0.950.940.941.0
-0.250.330.670.05-0.01-0.090.250.05-0.32-0.33-0.32-0.350.78-0.36-0.470.31-0.39-0.39-0.33
0.58-0.61-0.17-0.380.290.15-0.5-0.380.970.750.970.55-0.180.72-0.47-0.660.770.770.72
-0.320.080.26-0.150.290.50.83-0.15-0.62-0.83-0.62-0.890.24-0.950.31-0.66-0.87-0.87-0.95
0.59-0.12-0.350.26-0.36-0.36-0.670.260.720.990.720.85-0.330.94-0.390.77-0.871.00.93
0.59-0.12-0.350.26-0.36-0.36-0.670.260.720.990.720.85-0.330.94-0.390.77-0.871.00.93
0.46-0.09-0.290.22-0.33-0.53-0.870.220.670.90.670.94-0.261.0-0.330.72-0.950.930.93
Click cells to compare fundamentals

Renascor Resources Account Relationship Matchups

Renascor Resources income statement Accounts

201920202021202220232024 (projected)
Selling General Administrative368.7K438.8K587.7K876.9K978.4K542.1K
Depreciation And Amortization2.1K1.8K4.4K11.1K119.3K113.4K
Total Revenue19.6K8K6.1K255.0540.0513.0
Other Operating Expenses838.1K860.0K1.3M2.5M2.9M1.9M
Operating Income(838.1K)(860.0K)(1.3M)(2.5M)(2.9M)(2.7M)
Ebit(838.1K)(881.0K)(1.5M)424.7K(3.4M)(3.2M)
Ebitda(836K)(879.2K)(1.5M)435.8K(3.3M)(3.1M)
Total Operating Expenses836.0K858.2K1.3M2.5M2.9M1.9M
Income Before Tax(1.1M)(877.2K)(1.5M)424.7K1.7M1.8M
Total Other Income Expense Net(234.5K)(17.2K)(286.9K)3.2M4.6M4.8M
Net Income(1.1M)(877.2K)(1.5M)424.7K1.7M1.8M
Income Tax Expense(5.0)(3.0)2.0(4.0)4.9M5.2M
Gross Profit(2.1K)6.2K(4.4K)(10.8K)540.0513.0
Cost Of Revenue2.1K1.8K4.4K11.1K119.3K125.3K
Selling And Marketing Expenses17.9K28.2K136.5K118.3K81K77.0K
Net Income From Continuing Ops(1.1M)(877.2K)(1.5M)424.7K1.7M1.8M
Net Income Applicable To Common Shares(1.1M)(877.2K)(1.5M)424.7K488.4K512.8K
Net Interest Income19.6K3.8K6.1K3.0M5.0M5.3M
Interest Income19.6K3.8K6.1K3.0M5.0M5.3M
Reconciled Depreciation2.1K1.8K4.4K11.1K119.3K125.3K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Renascor Stock Analysis

When running Renascor Resources' price analysis, check to measure Renascor Resources' 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 Renascor Resources is operating at the current time. Most of Renascor Resources' value examination focuses on studying past and present price action to predict the probability of Renascor Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renascor Resources' price. Additionally, you may evaluate how the addition of Renascor Resources to your portfolios can decrease your overall portfolio volatility.