Rennova Health Stock Current Asset

RNVADelisted Stock  USD 0.0001  0.00  0.00%   
Rennova Health fundamentals help investors to digest information that contributes to Rennova Health's financial success or failures. It also enables traders to predict the movement of Rennova Pink Sheet. The fundamental analysis module provides a way to measure Rennova Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rennova Health pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Rennova Health Company Current Asset Analysis

Rennova Health's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

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More About Current Asset | All Equity Analysis

Current Rennova Health Current Asset

    
  7.7 M  
Most of Rennova Health's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rennova Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Rennova Health has a Current Asset of 7.7 M. This is 99.64% lower than that of the Health Care Providers & Services sector and 99.22% lower than that of the Health Care industry. The current asset for all United States stocks is 99.92% higher than that of the company.

Rennova Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rennova Health's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Rennova Health could also be used in its relative valuation, which is a method of valuing Rennova Health by comparing valuation metrics of similar companies.
Rennova Health is currently under evaluation in current asset category among related companies.

Rennova Fundamentals

About Rennova Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rennova Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rennova Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rennova Health based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Other Consideration for investing in Rennova Pink Sheet

If you are still planning to invest in Rennova Health check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rennova Health's history and understand the potential risks before investing.
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