Renasant Dividends Paid vs Change In Working Capital 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 Dividends Paid and its Change In Working Capital 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.

Dividends Paid vs Change In Working Capital

Dividends Paid vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renasant Dividends Paid account and Change In Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Renasant's Dividends Paid and Change In Working Capital is -0.06. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Renasant, assuming nothing else is changed. The correlation between historical values of Renasant's Dividends Paid and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Renasant are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Dividends Paid i.e., Renasant's Dividends Paid and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

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.
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 Expense44.7M60.5M278.0M291.9M
Depreciation And Amortization6.0M5.1M35.2M37.0M

Renasant fundamental ratios Correlations

0.840.980.96-0.170.980.740.54-0.40.830.660.790.650.960.80.98-0.10.530.560.970.820.850.990.860.77-0.64
0.840.830.830.290.840.420.31-0.350.680.450.70.680.820.770.83-0.150.890.90.810.720.530.80.70.61-0.52
0.980.830.97-0.130.940.70.59-0.310.850.650.830.560.990.770.93-0.010.540.560.980.860.830.970.840.77-0.68
0.960.830.97-0.110.910.680.62-0.380.770.670.850.510.960.710.93-0.090.540.560.950.850.850.940.850.78-0.69
-0.170.29-0.13-0.11-0.12-0.75-0.550.24-0.01-0.58-0.080.18-0.1-0.11-0.2-0.040.580.57-0.08-0.07-0.43-0.2-0.26-0.460.11
0.980.840.940.91-0.120.70.37-0.490.810.540.680.790.90.830.98-0.250.540.570.930.730.780.990.80.67-0.61
0.740.420.70.68-0.750.70.74-0.470.480.860.560.30.660.640.76-0.070.070.090.640.570.780.750.730.86-0.47
0.540.310.590.62-0.550.370.74-0.130.290.90.72-0.250.60.330.460.310.080.060.540.680.660.480.660.87-0.36
-0.4-0.35-0.31-0.380.24-0.49-0.47-0.13-0.06-0.33-0.16-0.44-0.24-0.23-0.510.86-0.08-0.1-0.22-0.12-0.46-0.42-0.57-0.390.13
0.830.680.850.77-0.010.810.480.29-0.060.40.660.60.870.70.760.110.470.490.850.710.590.830.60.51-0.64
0.660.450.650.67-0.580.540.860.9-0.330.40.750.030.660.490.640.120.210.20.570.70.720.610.760.98-0.48
0.790.70.830.85-0.080.680.560.72-0.160.660.750.220.850.550.710.190.520.490.80.980.70.730.850.81-0.56
0.650.680.560.510.180.790.3-0.25-0.440.60.030.220.50.70.73-0.470.530.570.580.30.370.710.410.17-0.37
0.960.820.990.96-0.10.90.660.6-0.240.870.660.850.50.740.890.060.570.590.960.870.80.930.810.77-0.72
0.80.770.770.71-0.110.830.640.33-0.230.70.490.550.70.740.840.00.620.640.780.610.430.810.540.59-0.49
0.980.830.930.93-0.20.980.760.46-0.510.760.640.710.730.890.84-0.250.530.560.910.740.810.980.820.74-0.66
-0.1-0.15-0.01-0.09-0.04-0.25-0.070.310.860.110.120.19-0.470.060.0-0.25-0.02-0.040.060.22-0.13-0.15-0.20.070.05
0.530.890.540.540.580.540.070.08-0.080.470.210.520.530.570.620.53-0.021.00.530.530.150.490.370.35-0.43
0.560.90.560.560.570.570.090.06-0.10.490.20.490.570.590.640.56-0.041.00.560.510.170.520.360.34-0.45
0.970.810.980.95-0.080.930.640.54-0.220.850.570.80.580.960.780.910.060.530.560.860.790.960.790.7-0.59
0.820.720.860.85-0.070.730.570.68-0.120.710.70.980.30.870.610.740.220.530.510.860.710.770.850.78-0.52
0.850.530.830.85-0.430.780.780.66-0.460.590.720.70.370.80.430.81-0.130.150.170.790.710.840.850.78-0.55
0.990.80.970.94-0.20.990.750.48-0.420.830.610.730.710.930.810.98-0.150.490.520.960.770.840.820.72-0.65
0.860.70.840.85-0.260.80.730.66-0.570.60.760.850.410.810.540.82-0.20.370.360.790.850.850.820.85-0.41
0.770.610.770.78-0.460.670.860.87-0.390.510.980.810.170.770.590.740.070.350.340.70.780.780.720.85-0.5
-0.64-0.52-0.68-0.690.11-0.61-0.47-0.360.13-0.64-0.48-0.56-0.37-0.72-0.49-0.660.05-0.43-0.45-0.59-0.52-0.55-0.65-0.41-0.5
Click cells to compare fundamentals

Renasant Account Relationship Matchups

Renasant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.4B14.9B16.8B17.0B17.4B18.2B
Short Long Term Debt Total856.5M475.0M485.2M1.1B729.4M765.9M
Total Stockholder Equity2.1B2.1B2.2B2.1B2.3B2.4B
Property Plant And Equipment Net309.7M300.5M293.1M283.6M283.2M297.4M
Net Debt441.6M(158.2M)(1.4B)564.4M(72.0M)(68.4M)
Retained Earnings617.4M615.8M741.6M857.7M952.1M999.7M
Cash414.9M633.2M1.9B576.0M801.4M841.4M
Non Current Assets Total2.6B2.6B4.1B1.3B1.3B1.1B
Non Currrent Assets Other(2.6B)(2.6B)(4.1B)(2.9B)(2.2B)(2.1B)
Other Assets9.0B10.3B8.3B14.0B14.9B15.7B
Cash And Short Term Investments1.7B2.0B4.3B2.1B1.1B634.0M
Common Stock Shares Outstanding58.2M56.5M56.1M56.1M56.4M28.6M
Liabilities And Stockholders Equity13.4B14.9B16.8B17.0B17.4B18.2B
Non Current Liabilities Total376.5M475.0M471.2M14.1B14.8B15.5B
Other Stockholder Equity1.2B1.2B1.2B1.2B1.2B1.3B
Total Liab11.3B475.0M14.6B14.9B15.1B15.8B
Property Plant And Equipment Gross309.7M300.5M430.3M433.1M439.1M461.1M
Total Current Assets1.8B2.1B4.3B1.7B1.1B1.1B
Accumulated Other Comprehensive Income764K25.1M(10.4M)(209.0M)(154.3M)(146.5M)
Total Current Liabilities480M21.3M13.9M712.2M307.6M236.7M
Short Term Debt480M21.3M13.9M712.2M300M315M
Other Liab97.7M241.5M209.6M134.3M154.4M162.1M
Accounts Payable10.2B12.1B13.9B13.5B15.5B16.3B
Long Term Debt376.5M475.0M471.2M428.1M429.4M268.6M
Short Term Investments1.3B1.3B2.4B1.5B923.3M765.2M
Inventory8.0M6.0M(1.5M)1.8M1.6M1.5M
Treasury Stock(24.2M)(83.2M)(101.6M)(118.0M)(106.2M)(100.9M)
Property Plant Equipment309.7M300.5M293.1M283.6M326.1M342.4M
Good Will611.0M932.9M939.7M1.0B991.7M504.7M
Intangible Assets90.5M93.1M113.1M84.4M110.5M80.1M
Other Current Assets9.0B10.2B8.3B(497.5M)(572.1M)(543.5M)
Other Current Liab(480M)12.1B(13.9M)13.5B7.6M7.2M
Net Tangible Assets1.1B1.2B1.2B1.1B1.3B852.6M
Net Receivables85.7M78.4M76.1M115.0M113.5M198.4M
Retained Earnings Total Equity617.4M615.8M741.6M857.7M986.4M1.0B
Long Term Debt Total376.5M475.0M471.2M428.1M492.4M302.6M
Capital Surpluse1.3B1.3B1.3B1.3B1.5B898.1M
Long Term Investments1.6B1.8B2.8B2.9B2.1B1.8B

Renasant Investors Sentiment

The influence of Renasant's 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 Renasant. 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 Renasant's public news can be used to forecast risks associated with an investment in Renasant. The trend in average sentiment can be used to explain how an investor holding Renasant can time the market purely based on public headlines and social activities around Renasant. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Renasant's 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 Renasant's 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 Renasant's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Renasant.
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 Renasant 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, Renasant's short interest history, or implied volatility extrapolated from Renasant options trading.

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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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.