Renasant Change In Working Capital vs End Period Cash Flow Analysis
RNST Stock | USD 29.06 0.41 1.39% |
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 Change In Working Capital and its End Period Cash Flow 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 tightly coupled 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.
Change In Working Capital vs End Period Cash Flow
Change In Working Capital vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renasant Change In Working Capital account and End Period Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Renasant's Change In Working Capital and End Period Cash Flow is -0.6. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Renasant, assuming nothing else is changed. The correlation between historical values of Renasant's Change In Working Capital and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Renasant are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Change In Working Capital i.e., Renasant's Change In Working Capital and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.End Period Cash Flow
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 tightly coupled 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 10.77 in 2024, whereas Tax Provision is likely to drop slightly above 34.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 44.7M | 60.5M | 278.0M | 291.9M | Depreciation And Amortization | 6.0M | 5.1M | 35.2M | 37.0M |
Renasant fundamental ratios Correlations
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Renasant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Renasant fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.4B | 14.9B | 16.8B | 17.0B | 17.4B | 18.2B | |
Short Long Term Debt Total | 856.5M | 475.0M | 485.2M | 1.1B | 729.4M | 765.9M | |
Total Stockholder Equity | 2.1B | 2.1B | 2.2B | 2.1B | 2.3B | 2.4B | |
Property Plant And Equipment Net | 309.7M | 300.5M | 293.1M | 283.6M | 283.2M | 297.4M | |
Net Debt | 441.6M | (158.2M) | (1.4B) | 564.4M | (72.0M) | (68.4M) | |
Retained Earnings | 617.4M | 615.8M | 741.6M | 857.7M | 952.1M | 999.7M | |
Cash | 414.9M | 633.2M | 1.9B | 576.0M | 801.4M | 841.4M | |
Non Current Assets Total | 2.6B | 2.6B | 4.1B | 1.3B | 1.3B | 1.1B | |
Non Currrent Assets Other | (2.6B) | (2.6B) | (4.1B) | (2.9B) | (2.2B) | (2.1B) | |
Other Assets | 9.0B | 10.3B | 8.3B | 14.0B | 14.9B | 15.7B | |
Cash And Short Term Investments | 1.7B | 2.0B | 4.3B | 2.1B | 1.1B | 634.0M | |
Common Stock Shares Outstanding | 58.2M | 56.5M | 56.1M | 56.1M | 56.4M | 28.6M | |
Liabilities And Stockholders Equity | 13.4B | 14.9B | 16.8B | 17.0B | 17.4B | 18.2B | |
Non Current Liabilities Total | 376.5M | 475.0M | 471.2M | 14.1B | 14.8B | 15.5B | |
Other Stockholder Equity | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.3B | |
Total Liab | 11.3B | 475.0M | 14.6B | 14.9B | 15.1B | 15.8B | |
Property Plant And Equipment Gross | 309.7M | 300.5M | 430.3M | 433.1M | 439.1M | 461.1M | |
Total Current Assets | 1.8B | 2.1B | 4.3B | 1.7B | 1.1B | 1.1B | |
Accumulated Other Comprehensive Income | 764K | 25.1M | (10.4M) | (209.0M) | (154.3M) | (146.5M) | |
Total Current Liabilities | 480M | 21.3M | 13.9M | 712.2M | 307.6M | 236.7M | |
Short Term Debt | 480M | 21.3M | 13.9M | 712.2M | 300M | 315M | |
Other Liab | 97.7M | 241.5M | 209.6M | 134.3M | 154.4M | 162.1M | |
Accounts Payable | 10.2B | 12.1B | 13.9B | 13.5B | 15.5B | 16.3B | |
Long Term Debt | 376.5M | 475.0M | 471.2M | 428.1M | 429.4M | 268.6M | |
Short Term Investments | 1.3B | 1.3B | 2.4B | 1.5B | 923.3M | 765.2M | |
Inventory | 8.0M | 6.0M | (1.5M) | 1.8M | 1.6M | 1.5M | |
Treasury Stock | (24.2M) | (83.2M) | (101.6M) | (118.0M) | (106.2M) | (100.9M) | |
Property Plant Equipment | 309.7M | 300.5M | 293.1M | 283.6M | 326.1M | 342.4M | |
Good Will | 611.0M | 932.9M | 939.7M | 1.0B | 991.7M | 504.7M | |
Intangible Assets | 90.5M | 93.1M | 113.1M | 84.4M | 110.5M | 80.1M | |
Other Current Assets | 9.0B | 10.2B | 8.3B | (497.5M) | (572.1M) | (543.5M) | |
Other Current Liab | (480M) | 12.1B | (13.9M) | 13.5B | 7.6M | 7.2M | |
Net Tangible Assets | 1.1B | 1.2B | 1.2B | 1.1B | 1.3B | 852.6M | |
Net Receivables | 85.7M | 78.4M | 76.1M | 115.0M | 113.5M | 198.4M | |
Retained Earnings Total Equity | 617.4M | 615.8M | 741.6M | 857.7M | 986.4M | 1.0B | |
Long Term Debt Total | 376.5M | 475.0M | 471.2M | 428.1M | 492.4M | 302.6M | |
Capital Surpluse | 1.3B | 1.3B | 1.3B | 1.3B | 1.5B | 898.1M | |
Long Term Investments | 1.6B | 1.8B | 2.8B | 2.9B | 2.1B | 1.8B |
Currently Active Assets on Macroaxis
When determining whether Renasant is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Renasant Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Renasant Stock. Highlighted below are key reports to facilitate an investment decision about Renasant Stock: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 tightly coupled 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.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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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.
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Is Renasant's 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 Renasant. If investors know Renasant 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 Renasant 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 (0.15) | Dividend Share 0.88 | Earnings Share 2.44 | Revenue Per Share 10.906 | Quarterly Revenue Growth (0.02) |
The market value of Renasant is measured differently than its book value, which is the value of Renasant that is recorded on the company's balance sheet. Investors also form their own opinion of Renasant's value that differs from its market value or its book value, called intrinsic value, which is Renasant's 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 Renasant's market value can be influenced by many factors that don't directly affect Renasant's 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 Renasant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Renasant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renasant's 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.