Renaissancere Interest Income vs Cost Of Revenue Analysis

RNR Stock

USD 221.68 2.60 1.19%

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

To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide.

Interest Income vs Cost Of Revenue

Interest Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renaissancere Holdings Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.

The correlation between Renaissancere Holdings' Interest Income and Cost Of Revenue is 0.76. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Renaissancere Holdings, assuming nothing else is changed. The correlation between historical values of Renaissancere Holdings' Interest Income and Cost Of 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 Interest Income of Renaissancere Holdings are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Income i.e., Renaissancere Holdings' Interest Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Cost Of Revenue

Cost of Revenue is found on Renaissancere Holdings income statement and represents the costs associated with goods and services Renaissancere Holdings 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 indicators from Renaissancere Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Renaissancere Holdings 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 Renaissancere Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide.At this time, Renaissancere Holdings' Tax Provision is relatively stable compared to the past year. As of 04/30/2024, Enterprise Value is likely to grow to about 6.9 B, while Selling General Administrative is likely to drop slightly above 48.7 M.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	5.4B	6.3B	6.0B	6.3B
Gross Profit	5.3B	5.0B	24.0M	22.8M

Other Operating Expenses Gross Profit

Renaissancere Holdings fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Short Term Investments	Other Liab	Accounts Payable	Long Term Debt	Preferred Stock Total Equity	Good Will
Common Stock Shares Outstanding		-0.26	-0.33	-0.47	-0.44	0.0	-0.57	-0.3	-0.27	0.16	-0.06	-0.28	-0.18	-0.39	-0.39	-0.05	-0.23	-0.3	-0.39	-0.13	-0.27	-0.1	-0.24	-0.35	-0.44	-0.25
Total Assets	-0.26		0.93	-0.19	0.93	-0.16	0.88	0.91	0.13	-0.73	0.79	0.93	0.99	0.56	0.84	0.88	1.0	0.36	0.71	-0.73	0.91	0.84	0.91	0.92	0.78	0.82
Short Long Term Debt Total	-0.33	0.93		0.02	0.92	0.05	0.89	0.87	0.13	-0.69	0.7	0.84	0.9	0.53	0.92	0.85	0.91	0.4	0.67	-0.55	0.8	0.78	0.79	1.0	0.69	0.94
Total Current Liabilities	-0.47	-0.19	0.02		0.04	0.05	0.16	-0.01	0.14	0.33	-0.23	-0.23	-0.26	0.09	-0.09	-0.15	-0.22	0.09	0.08	0.74	-0.3	-0.34	-0.32	0.02	-0.24	0.05
Total Stockholder Equity	-0.44	0.93	0.92	0.04		-0.1	0.98	0.86	0.17	-0.65	0.66	0.86	0.88	0.67	0.82	0.9	0.9	0.46	0.82	-0.56	0.83	0.7	0.78	0.91	0.72	0.78
Net Debt	0.0	-0.16	0.05	0.05	-0.1		-0.11	-0.46	-0.55	-0.23	0.19	-0.38	-0.16	0.04	0.02	-0.05	-0.18	-0.44	0.08	0.33	-0.35	0.17	-0.39	0.05	-0.17	0.04
Retained Earnings	-0.57	0.88	0.89	0.16	0.98	-0.11		0.85	0.25	-0.58	0.59	0.83	0.82	0.67	0.8	0.81	0.85	0.49	0.8	-0.47	0.8	0.63	0.75	0.89	0.73	0.75
Cash	-0.3	0.91	0.87	-0.01	0.86	-0.46	0.85		0.4	-0.5	0.53	0.94	0.88	0.45	0.81	0.78	0.91	0.58	0.56	-0.66	0.89	0.61	0.9	0.87	0.7	0.82
Non Current Assets Total	-0.27	0.13	0.13	0.14	0.17	-0.55	0.25	0.4		0.49	-0.46	0.44	0.06	0.07	0.2	-0.03	0.13	0.58	-0.01	-0.26	0.44	-0.26	0.42	0.16	0.31	0.18
Non Currrent Assets Other	0.16	-0.73	-0.69	0.33	-0.65	-0.23	-0.58	-0.5	0.49		-0.89	-0.5	-0.77	-0.36	-0.71	-0.71	-0.73	0.01	-0.54	0.5	-0.49	-0.82	-0.51	-0.68	-0.54	-0.61
Other Assets	-0.06	0.79	0.7	-0.23	0.66	0.19	0.59	0.53	-0.46	-0.89		0.52	0.83	0.44	0.59	0.73	0.79	-0.21	0.62	-0.43	0.5	0.91	0.53	0.69	0.5	0.58
Cash And Short Term Investments	-0.28	0.93	0.84	-0.23	0.86	-0.38	0.83	0.94	0.44	-0.5	0.52		0.9	0.47	0.78	0.76	0.93	0.59	0.57	-0.81	0.99	0.66	0.98	0.84	0.8	0.77
Net Receivables	-0.18	0.99	0.9	-0.26	0.88	-0.16	0.82	0.88	0.06	-0.77	0.83	0.9		0.51	0.82	0.85	1.0	0.28	0.66	-0.74	0.88	0.87	0.89	0.89	0.77	0.8
Common Stock Total Equity	-0.39	0.56	0.53	0.09	0.67	0.04	0.67	0.45	0.07	-0.36	0.44	0.47	0.51		0.45	0.55	0.52	0.12	0.95	-0.25	0.46	0.43	0.4	0.53	0.31	0.35
Non Current Liabilities Total	-0.39	0.84	0.92	-0.09	0.82	0.02	0.8	0.81	0.2	-0.71	0.59	0.78	0.82	0.45		0.72	0.83	0.4	0.57	-0.59	0.75	0.66	0.76	0.93	0.72	0.91
Other Stockholder Equity	-0.05	0.88	0.85	-0.15	0.9	-0.05	0.81	0.78	-0.03	-0.71	0.73	0.76	0.85	0.55	0.72		0.85	0.35	0.73	-0.62	0.74	0.73	0.7	0.84	0.51	0.76
Total Liab	-0.23	1.0	0.91	-0.22	0.9	-0.18	0.85	0.91	0.13	-0.73	0.79	0.93	1.0	0.52	0.83	0.85		0.34	0.67	-0.74	0.91	0.84	0.92	0.91	0.78	0.82
Total Current Assets	-0.3	0.36	0.4	0.09	0.46	-0.44	0.49	0.58	0.58	0.01	-0.21	0.59	0.28	0.12	0.4	0.35	0.34		0.13	-0.41	0.58	-0.05	0.52	0.41	0.4	0.43
Common Stock	-0.39	0.71	0.67	0.08	0.82	0.08	0.8	0.56	-0.01	-0.54	0.62	0.57	0.66	0.95	0.57	0.73	0.67	0.13		-0.33	0.55	0.59	0.49	0.67	0.48	0.46
Other Current Liab	-0.13	-0.73	-0.55	0.74	-0.56	0.33	-0.47	-0.66	-0.26	0.5	-0.43	-0.81	-0.74	-0.25	-0.59	-0.62	-0.74	-0.41	-0.33		-0.85	-0.6	-0.84	-0.55	-0.67	-0.49
Short Term Investments	-0.27	0.91	0.8	-0.3	0.83	-0.35	0.8	0.89	0.44	-0.49	0.5	0.99	0.88	0.46	0.75	0.74	0.91	0.58	0.55	-0.85		0.66	0.98	0.81	0.81	0.73
Other Liab	-0.1	0.84	0.78	-0.34	0.7	0.17	0.63	0.61	-0.26	-0.82	0.91	0.66	0.87	0.43	0.66	0.73	0.84	-0.05	0.59	-0.6	0.66		0.66	0.77	0.61	0.63
Accounts Payable	-0.24	0.91	0.79	-0.32	0.78	-0.39	0.75	0.9	0.42	-0.51	0.53	0.98	0.89	0.4	0.76	0.7	0.92	0.52	0.49	-0.84	0.98	0.66		0.8	0.8	0.75
Long Term Debt	-0.35	0.92	1.0	0.02	0.91	0.05	0.89	0.87	0.16	-0.68	0.69	0.84	0.89	0.53	0.93	0.84	0.91	0.41	0.67	-0.55	0.81	0.77	0.8		0.7	0.94
Preferred Stock Total Equity	-0.44	0.78	0.69	-0.24	0.72	-0.17	0.73	0.7	0.31	-0.54	0.5	0.8	0.77	0.31	0.72	0.51	0.78	0.4	0.48	-0.67	0.81	0.61	0.8	0.7		0.56
Good Will	-0.25	0.82	0.94	0.05	0.78	0.04	0.75	0.82	0.18	-0.61	0.58	0.77	0.8	0.35	0.91	0.76	0.82	0.43	0.46	-0.49	0.73	0.63	0.75	0.94	0.56

Click cells to compare fundamentals

Renaissancere Holdings Account Relationship Matchups

Renaissancere Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	43.2M	47.2M	47.2M	43.0M	47.6M	45.8M
Total Assets	26.3B	30.8B	34.0B	36.6B	49.0B	51.5B
Short Long Term Debt Total	1.4B	1.1B	1.2B	1.2B	2.0B	2.1B
Total Current Liabilities	2.8B	3.5B	3.9B	111.8M	3.3B	3.5B
Total Stockholder Equity	6.0B	7.6B	6.6B	5.3B	9.5B	9.9B
Net Debt	5.0M	(600.5M)	(690.7M)	(23.9M)	81.1M	85.2M
Retained Earnings	4.7B	5.4B	5.2B	4.1B	6.5B	6.8B
Cash	1.4B	1.7B	1.9B	1.2B	1.9B	2.0B
Non Current Assets Total	17.6B	19.6B	19.7B	5.2B	1.5B	1.4B
Non Currrent Assets Other	(222.7M)	(235.7M)	(167.9M)	(16.3B)	(24.6B)	(23.4B)
Other Assets	(2.7B)	(1.8B)	(1.3B)	30.7B	41.1B	43.1B
Cash And Short Term Investments	5.9B	6.7B	7.2B	5.9B	6.5B	6.8B
Net Receivables	5.5B	6.4B	8.4B	10.2B	13.2B	13.9B
Common Stock Total Equity	44.1M	50.8M	44.4M	43.7M	39.3M	75.2M
Liabilities And Stockholders Equity	26.3B	30.8B	34.0B	36.6B	49.0B	51.5B
Non Current Liabilities Total	1.4B	1.1B	1.2B	1.3B	1.9B	2.0B
Other Stockholder Equity	568.3M	1.6B	608.1M	475.6M	2.1B	2.3B
Total Liab	17.3B	19.9B	23.8B	26.7B	33.5B	35.1B
Total Current Assets	11.4B	13.1B	15.6B	587.1M	6.5B	4.6B
Accumulated Other Comprehensive Income	(1.9M)	(12.6M)	(10.9M)	(15.5M)	(14.2M)	(13.5M)
Common Stock	44.1M	50.8M	44.4M	43.7M	52.7M	74.0M
Other Current Liab	(2.8B)	(3.5B)	(3.9B)	(3.8B)	(3.3B)	(3.1B)
Short Term Investments	4.6B	5.0B	5.3B	4.7B	4.6B	4.8B
Other Liab	7.6B	970.1M	755.4M	11.4B	13.1B	13.7B
Accounts Payable	2.8B	3.5B	3.9B	3.9B	3.2B	3.3B
Long Term Debt	1.4B	1.1B	1.2B	1.2B	1.9B	2.0B
Good Will	210.7M	211.0M	206.3M	206.3M	300.5M	315.6M
Other Current Assets	9.3B	10.9B	11.7B	580.1M	14.6B	15.3B
Intangible Assets	51.5M	38.6M	37.2M	31.5M	474.8M	498.6M
Net Tangible Assets	8.1B	10.2B	5.6B	8.9B	10.2B	6.6B
Retained Earnings Total Equity	4.7B	5.4B	5.2B	4.1B	4.7B	4.1B
Long Term Debt Total	1.4B	1.1B	1.2B	1.2B	1.3B	930.8M
Long Term Investments	17.4B	20.6B	19.4B	19.7B	27.7B	14.4B
Non Current Liabilities Other	9.4B	10.4B	21.4B	25.0B	28.8B	30.2B
Short Term Debt	779K	502.1M	0.0	30M	75M	83.0M
Warrants	3.1B	3.4B	3.6B	4.5B	5.2B	5.5B
Short Long Term Debt	205K	779K	1.5M	30M	75M	51.6M

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When determining whether Renaissancere Holdings is a strong investment it is important to analyze Renaissancere Holdings' 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 Renaissancere Holdings' future performance. For an informed investment choice regarding Renaissancere Stock, refer to the following important reports:

How To Invest In Renaissancere

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Is Renaissancere Stock a good investment?

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What is Renaissancere Holdings' Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renaissancere Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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

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Is Renaissancere Holdings' industry 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 Renaissancere Holdings. If investors know Renaissancere 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 Renaissancere Holdings 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

1.914

Dividend Share

1.52

Earnings Share

52.27

Revenue Per Share

193.209

Quarterly Revenue Growth

0.598

The market value of Renaissancere Holdings is measured differently than its book value, which is the value of Renaissancere that is recorded on the company's balance sheet. Investors also form their own opinion of Renaissancere Holdings' value that differs from its market value or its book value, called intrinsic value, which is Renaissancere Holdings' 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 Renaissancere Holdings' market value can be influenced by many factors that don't directly affect Renaissancere Holdings' 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 Renaissancere Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Renaissancere Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renaissancere Holdings' 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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Renaissancere Interest Income vs Cost Of Revenue Analysis

Interest Income vs Cost Of Revenue

Interest Income vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Interest Income

Cost Of Revenue

Renaissancere Holdings fundamental ratios Correlations

Renaissancere Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Renaissancere Holdings fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Receivables
Net Receivables	+ 0.99	Total Assets
Short Term Investments	+ 0.99	Cash And Short Term Investments
Retained Earnings	+ 0.98	Total Stockholder Equity

Other Assets	- 0.89	Non Currrent Assets Other
Short Term Investments	- 0.85	Other Current Liab
Accounts Payable	- 0.84	Other Current Liab
Other Liab	- 0.82	Non Currrent Assets Other
Other Current Liab	- 0.81	Cash And Short Term Investments
Net Receivables	- 0.77	Non Currrent Assets Other