Renasant Sale Purchase Of Stock vs Change To Operating Activities 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 Sale Purchase Of Stock and its Change To Operating Activities 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.

Sale Purchase Of Stock vs Change To Operating Activities

Sale Purchase Of Stock vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renasant Sale Purchase Of Stock account and Change To Operating Activities. At this time, the significance of the direction appears to have no relationship.
The correlation between Renasant's Sale Purchase Of Stock and Change To Operating Activities is 0.08. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Renasant, assuming nothing else is changed. The correlation between historical values of Renasant's Sale Purchase Of Stock and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Renasant are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Sale Purchase Of Stock i.e., Renasant's Sale Purchase Of Stock and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Sale Purchase Of Stock

Change To Operating Activities

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
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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

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

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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.