Renaissancere Net Debt vs Other Liab Analysis

RNR Stock  USD 219.08  0.52  0.24%   
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 Net Debt and its Other Liab 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.

Net Debt vs Other Liab

Net Debt vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renaissancere Holdings Net Debt account and Other Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Renaissancere Holdings' Net Debt and Other Liab is 0.17. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Liab 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' Net Debt and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Renaissancere Holdings are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Net Debt i.e., Renaissancere Holdings' Net Debt and Other Liab go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Liab

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 04/28/2024, 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 Expenses5.4B6.3B6.0B6.3B
Gross Profit5.3B5.0B24.0M22.8M

Renaissancere Holdings fundamental ratios Correlations

-0.26-0.33-0.47-0.440.0-0.57-0.3-0.270.16-0.06-0.28-0.18-0.39-0.39-0.05-0.23-0.3-0.39-0.13-0.27-0.1-0.24-0.35-0.44-0.25
-0.260.93-0.190.93-0.160.880.910.13-0.730.790.930.990.560.840.881.00.360.71-0.730.910.840.910.920.780.82
-0.330.930.020.920.050.890.870.13-0.690.70.840.90.530.920.850.910.40.67-0.550.80.780.791.00.690.94
-0.47-0.190.020.040.050.16-0.010.140.33-0.23-0.23-0.260.09-0.09-0.15-0.220.090.080.74-0.3-0.34-0.320.02-0.240.05
-0.440.930.920.04-0.10.980.860.17-0.650.660.860.880.670.820.90.90.460.82-0.560.830.70.780.910.720.78
0.0-0.160.050.05-0.1-0.11-0.46-0.55-0.230.19-0.38-0.160.040.02-0.05-0.18-0.440.080.33-0.350.17-0.390.05-0.170.04
-0.570.880.890.160.98-0.110.850.25-0.580.590.830.820.670.80.810.850.490.8-0.470.80.630.750.890.730.75
-0.30.910.87-0.010.86-0.460.850.4-0.50.530.940.880.450.810.780.910.580.56-0.660.890.610.90.870.70.82
-0.270.130.130.140.17-0.550.250.40.49-0.460.440.060.070.2-0.030.130.58-0.01-0.260.44-0.260.420.160.310.18
0.16-0.73-0.690.33-0.65-0.23-0.58-0.50.49-0.89-0.5-0.77-0.36-0.71-0.71-0.730.01-0.540.5-0.49-0.82-0.51-0.68-0.54-0.61
-0.060.790.7-0.230.660.190.590.53-0.46-0.890.520.830.440.590.730.79-0.210.62-0.430.50.910.530.690.50.58
-0.280.930.84-0.230.86-0.380.830.940.44-0.50.520.90.470.780.760.930.590.57-0.810.990.660.980.840.80.77
-0.180.990.9-0.260.88-0.160.820.880.06-0.770.830.90.510.820.851.00.280.66-0.740.880.870.890.890.770.8
-0.390.560.530.090.670.040.670.450.07-0.360.440.470.510.450.550.520.120.95-0.250.460.430.40.530.310.35
-0.390.840.92-0.090.820.020.80.810.2-0.710.590.780.820.450.720.830.40.57-0.590.750.660.760.930.720.91
-0.050.880.85-0.150.9-0.050.810.78-0.03-0.710.730.760.850.550.720.850.350.73-0.620.740.730.70.840.510.76
-0.231.00.91-0.220.9-0.180.850.910.13-0.730.790.931.00.520.830.850.340.67-0.740.910.840.920.910.780.82
-0.30.360.40.090.46-0.440.490.580.580.01-0.210.590.280.120.40.350.340.13-0.410.58-0.050.520.410.40.43
-0.390.710.670.080.820.080.80.56-0.01-0.540.620.570.660.950.570.730.670.13-0.330.550.590.490.670.480.46
-0.13-0.73-0.550.74-0.560.33-0.47-0.66-0.260.5-0.43-0.81-0.74-0.25-0.59-0.62-0.74-0.41-0.33-0.85-0.6-0.84-0.55-0.67-0.49
-0.270.910.8-0.30.83-0.350.80.890.44-0.490.50.990.880.460.750.740.910.580.55-0.850.660.980.810.810.73
-0.10.840.78-0.340.70.170.630.61-0.26-0.820.910.660.870.430.660.730.84-0.050.59-0.60.660.660.770.610.63
-0.240.910.79-0.320.78-0.390.750.90.42-0.510.530.980.890.40.760.70.920.520.49-0.840.980.660.80.80.75
-0.350.921.00.020.910.050.890.870.16-0.680.690.840.890.530.930.840.910.410.67-0.550.810.770.80.70.94
-0.440.780.69-0.240.72-0.170.730.70.31-0.540.50.80.770.310.720.510.780.40.48-0.670.810.610.80.70.56
-0.250.820.940.050.780.040.750.820.18-0.610.580.770.80.350.910.760.820.430.46-0.490.730.630.750.940.56
Click cells to compare fundamentals

Renaissancere Holdings Account Relationship Matchups

Renaissancere Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding43.2M47.2M47.2M43.0M47.6M45.8M
Total Assets26.3B30.8B34.0B36.6B49.0B51.5B
Short Long Term Debt Total1.4B1.1B1.2B1.2B2.0B2.1B
Total Current Liabilities2.8B3.5B3.9B111.8M3.3B3.5B
Total Stockholder Equity6.0B7.6B6.6B5.3B9.5B9.9B
Net Debt5.0M(600.5M)(690.7M)(23.9M)81.1M85.2M
Retained Earnings4.7B5.4B5.2B4.1B6.5B6.8B
Cash1.4B1.7B1.9B1.2B1.9B2.0B
Non Current Assets Total17.6B19.6B19.7B5.2B1.5B1.4B
Non Currrent Assets Other(222.7M)(235.7M)(167.9M)(16.3B)(24.6B)(23.4B)
Other Assets(2.7B)(1.8B)(1.3B)30.7B41.1B43.1B
Cash And Short Term Investments5.9B6.7B7.2B5.9B6.5B6.8B
Net Receivables5.5B6.4B8.4B10.2B13.2B13.9B
Common Stock Total Equity44.1M50.8M44.4M43.7M39.3M75.2M
Liabilities And Stockholders Equity26.3B30.8B34.0B36.6B49.0B51.5B
Non Current Liabilities Total1.4B1.1B1.2B1.3B1.9B2.0B
Other Stockholder Equity568.3M1.6B608.1M475.6M2.1B2.3B
Total Liab17.3B19.9B23.8B26.7B33.5B35.1B
Total Current Assets11.4B13.1B15.6B587.1M6.5B4.6B
Accumulated Other Comprehensive Income(1.9M)(12.6M)(10.9M)(15.5M)(14.2M)(13.5M)
Common Stock44.1M50.8M44.4M43.7M52.7M74.0M
Other Current Liab(2.8B)(3.5B)(3.9B)(3.8B)(3.3B)(3.1B)
Short Term Investments4.6B5.0B5.3B4.7B4.6B4.8B
Other Liab7.6B970.1M755.4M11.4B13.1B13.7B
Accounts Payable2.8B3.5B3.9B3.9B3.2B3.3B
Long Term Debt1.4B1.1B1.2B1.2B1.9B2.0B
Good Will210.7M211.0M206.3M206.3M300.5M315.6M
Other Current Assets9.3B10.9B11.7B580.1M14.6B15.3B
Intangible Assets51.5M38.6M37.2M31.5M474.8M498.6M
Net Tangible Assets8.1B10.2B5.6B8.9B10.2B6.6B
Retained Earnings Total Equity4.7B5.4B5.2B4.1B4.7B4.1B
Long Term Debt Total1.4B1.1B1.2B1.2B1.3B930.8M
Long Term Investments17.4B20.6B19.4B19.7B27.7B14.4B
Non Current Liabilities Other9.4B10.4B21.4B25.0B28.8B30.2B
Short Term Debt779K502.1M0.030M75M83.0M
Warrants3.1B3.4B3.6B4.5B5.2B5.5B
Short Long Term Debt205K779K1.5M30M75M51.6M

Renaissancere Holdings Investors Sentiment

The influence of Renaissancere Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Renaissancere. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Renaissancere Holdings' public news can be used to forecast risks associated with an investment in Renaissancere. The trend in average sentiment can be used to explain how an investor holding Renaissancere can time the market purely based on public headlines and social activities around Renaissancere Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Renaissancere Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Renaissancere Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Renaissancere Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Renaissancere Holdings.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Renaissancere Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Renaissancere Holdings' short interest history, or implied volatility extrapolated from Renaissancere Holdings options trading.

Currently Active Assets on Macroaxis

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:
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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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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
52.26
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.