Rent Current Ratio from 2010 to 2024
| RENT Stock | USD 13.62 1.24 10.02% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 2.12474012 | Current Value 3.91566175 | Quarterly Volatility 1.13340324 |
Check Rent The financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rent main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.3 M, Selling And Marketing Expenses of 35.3 M or Total Revenue of 158.2 M, as well as many exotic indicators such as Price To Sales Ratio of 50.63, Dividend Yield of 0.0 or PTB Ratio of 20.68. Rent financial statements analysis is a perfect complement when working with Rent The Valuation or Volatility modules.
Rent | Current Ratio |
Latest Rent The's Current Ratio Growth Pattern
Below is the plot of the Current Ratio of Rent the Runway over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Rent The's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rent The's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.23 X | 10 Years Trend |
|
Current Ratio |
| Timeline |
Rent Current Ratio Regression Statistics
| Arithmetic Mean | 1.62 | |
| Geometric Mean | 1.35 | |
| Coefficient Of Variation | 69.75 | |
| Mean Deviation | 0.96 | |
| Median | 0.91 | |
| Standard Deviation | 1.13 | |
| Sample Variance | 1.28 | |
| Range | 3.0085 | |
| R-Value | 0.77 | |
| Mean Square Error | 0.56 | |
| R-Squared | 0.60 | |
| Significance | 0.0007 | |
| Slope | 0.20 | |
| Total Sum of Squares | 17.98 |
Rent Current Ratio History
About Rent The Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Rent The income statement, its balance sheet, and the statement of cash flows. Rent The investors use historical funamental indicators, such as Rent The's Current Ratio, to determine how well the company is positioned to perform in the future. Although Rent The investors may use each financial statement separately, they are all related. The changes in Rent The's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Rent The's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Rent The Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Rent The. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 2.12 | 3.92 |
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 Rent The 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, Rent The's short interest history, or implied volatility extrapolated from Rent The options trading.
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When determining whether Rent the Runway 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 Rent 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 Rent The Runway Stock. Highlighted below are key reports to facilitate an investment decision about Rent The Runway Stock:Check out the analysis of Rent The Correlation against competitors. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Rent Stock analysis
When running Rent The's price analysis, check to measure Rent The'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 Rent The is operating at the current time. Most of Rent The's value examination focuses on studying past and present price action to predict the probability of Rent The's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rent The's price. Additionally, you may evaluate how the addition of Rent The to your portfolios can decrease your overall portfolio volatility.
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Is Rent The'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 Rent The. If investors know Rent 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 Rent The listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (33.12) | Revenue Per Share 87.234 | Quarterly Revenue Growth 0.005 | Return On Assets (0.14) | Return On Equity (7.75) |
The market value of Rent the Runway is measured differently than its book value, which is the value of Rent that is recorded on the company's balance sheet. Investors also form their own opinion of Rent The's value that differs from its market value or its book value, called intrinsic value, which is Rent The'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 Rent The's market value can be influenced by many factors that don't directly affect Rent The'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 Rent The's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rent The is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rent The'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.