Renaissancere Common Stock vs Other Stockholder Equity Analysis

RNR Stock  USD 224.43  0.35  0.16%   
Renaissancere Holdings financial indicator trend analysis is much more than just breaking down Renaissancere Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Renaissancere Holdings is a good investment. Please check the relationship between Renaissancere Holdings Common Stock and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renaissancere Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide.

Common Stock vs Other Stockholder Equity

Common Stock vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renaissancere Holdings Common Stock account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Renaissancere Holdings' Common Stock and Other Stockholder Equity is 0.73. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Renaissancere Holdings, assuming nothing else is changed. The correlation between historical values of Renaissancere Holdings' Common Stock and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Renaissancere Holdings are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock i.e., Renaissancere Holdings' Common Stock and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Other Stockholder Equity

Most indicators from Renaissancere Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Renaissancere Holdings 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 Renaissancere Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide.At this time, Renaissancere Holdings' Tax Provision is relatively stable compared to the past year. As of 06/05/2024, Enterprise Value is likely to grow to about 6.9 B, while Selling General Administrative is likely to drop slightly above 48.7 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses5.4B6.3B6.0B6.3B
Gross Profit5.3B5.0B24.0M22.8M

Renaissancere Holdings fundamental ratios Correlations

-0.26-0.33-0.47-0.440.0-0.57-0.3-0.270.16-0.06-0.28-0.18-0.39-0.39-0.05-0.23-0.3-0.39-0.13-0.27-0.1-0.24-0.35-0.44-0.25
-0.260.93-0.190.93-0.160.880.910.13-0.730.790.930.990.560.840.881.00.360.71-0.730.910.840.910.920.780.82
-0.330.930.020.920.050.890.870.13-0.690.70.840.90.530.920.850.910.40.67-0.550.80.780.791.00.690.94
-0.47-0.190.020.040.050.16-0.010.140.33-0.23-0.23-0.260.09-0.09-0.15-0.220.090.080.74-0.3-0.34-0.320.02-0.240.05
-0.440.930.920.04-0.10.980.860.17-0.650.660.860.880.670.820.90.90.460.82-0.560.830.70.780.910.720.78
0.0-0.160.050.05-0.1-0.11-0.46-0.55-0.230.19-0.38-0.160.040.02-0.05-0.18-0.440.080.33-0.350.17-0.390.05-0.170.04
-0.570.880.890.160.98-0.110.850.25-0.580.590.830.820.670.80.810.850.490.8-0.470.80.630.750.890.730.75
-0.30.910.87-0.010.86-0.460.850.4-0.50.530.940.880.450.810.780.910.580.56-0.660.890.610.90.870.70.82
-0.270.130.130.140.17-0.550.250.40.49-0.460.440.060.070.2-0.030.130.58-0.01-0.260.44-0.260.420.160.310.18
0.16-0.73-0.690.33-0.65-0.23-0.58-0.50.49-0.89-0.5-0.77-0.36-0.71-0.71-0.730.01-0.540.5-0.49-0.82-0.51-0.68-0.54-0.61
-0.060.790.7-0.230.660.190.590.53-0.46-0.890.520.830.440.590.730.79-0.210.62-0.430.50.910.530.690.50.58
-0.280.930.84-0.230.86-0.380.830.940.44-0.50.520.90.470.780.760.930.590.57-0.810.990.660.980.840.80.77
-0.180.990.9-0.260.88-0.160.820.880.06-0.770.830.90.510.820.851.00.280.66-0.740.880.870.890.890.770.8
-0.390.560.530.090.670.040.670.450.07-0.360.440.470.510.450.550.520.120.95-0.250.460.430.40.530.310.35
-0.390.840.92-0.090.820.020.80.810.2-0.710.590.780.820.450.720.830.40.57-0.590.750.660.760.930.720.91
-0.050.880.85-0.150.9-0.050.810.78-0.03-0.710.730.760.850.550.720.850.350.73-0.620.740.730.70.840.510.76
-0.231.00.91-0.220.9-0.180.850.910.13-0.730.790.931.00.520.830.850.340.67-0.740.910.840.920.910.780.82
-0.30.360.40.090.46-0.440.490.580.580.01-0.210.590.280.120.40.350.340.13-0.410.58-0.050.520.410.40.43
-0.390.710.670.080.820.080.80.56-0.01-0.540.620.570.660.950.570.730.670.13-0.330.550.590.490.670.480.46
-0.13-0.73-0.550.74-0.560.33-0.47-0.66-0.260.5-0.43-0.81-0.74-0.25-0.59-0.62-0.74-0.41-0.33-0.85-0.6-0.84-0.55-0.67-0.49
-0.270.910.8-0.30.83-0.350.80.890.44-0.490.50.990.880.460.750.740.910.580.55-0.850.660.980.810.810.73
-0.10.840.78-0.340.70.170.630.61-0.26-0.820.910.660.870.430.660.730.84-0.050.59-0.60.660.660.770.610.63
-0.240.910.79-0.320.78-0.390.750.90.42-0.510.530.980.890.40.760.70.920.520.49-0.840.980.660.80.80.75
-0.350.921.00.020.910.050.890.870.16-0.680.690.840.890.530.930.840.910.410.67-0.550.810.770.80.70.94
-0.440.780.69-0.240.72-0.170.730.70.31-0.540.50.80.770.310.720.510.780.40.48-0.670.810.610.80.70.56
-0.250.820.940.050.780.040.750.820.18-0.610.580.770.80.350.910.760.820.430.46-0.490.730.630.750.940.56
Click cells to compare fundamentals

Renaissancere Holdings Account Relationship Matchups

Renaissancere Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding43.2M47.2M47.2M43.0M47.6M45.8M
Total Assets26.3B30.8B34.0B36.6B49.0B51.5B
Short Long Term Debt Total1.4B1.1B1.2B1.2B2.0B2.1B
Total Current Liabilities2.8B3.5B3.9B111.8M3.3B3.5B
Total Stockholder Equity6.0B7.6B6.6B5.3B9.5B9.9B
Net Debt5.0M(600.5M)(690.7M)(23.9M)81.1M85.2M
Retained Earnings4.7B5.4B5.2B4.1B6.5B6.8B
Cash1.4B1.7B1.9B1.2B1.9B2.0B
Non Current Assets Total17.6B19.6B19.7B5.2B1.5B1.4B
Non Currrent Assets Other(222.7M)(235.7M)(167.9M)(16.3B)(24.6B)(23.4B)
Other Assets(2.7B)(1.8B)(1.3B)30.7B41.1B43.1B
Cash And Short Term Investments5.9B6.7B7.2B5.9B6.5B6.8B
Net Receivables5.5B6.4B8.4B10.2B13.2B13.9B
Common Stock Total Equity44.1M50.8M44.4M43.7M39.3M75.2M
Liabilities And Stockholders Equity26.3B30.8B34.0B36.6B49.0B51.5B
Non Current Liabilities Total1.4B1.1B1.2B1.3B1.9B2.0B
Other Stockholder Equity568.3M1.6B608.1M475.6M2.1B2.3B
Total Liab17.3B19.9B23.8B26.7B33.5B35.1B
Total Current Assets11.4B13.1B15.6B587.1M6.5B4.6B
Accumulated Other Comprehensive Income(1.9M)(12.6M)(10.9M)(15.5M)(14.2M)(13.5M)
Common Stock44.1M50.8M44.4M43.7M52.7M74.0M
Other Current Liab(2.8B)(3.5B)(3.9B)(3.8B)(3.3B)(3.1B)
Short Term Investments4.6B5.0B5.3B4.7B4.6B4.8B
Other Liab7.6B970.1M755.4M11.4B13.1B13.7B
Accounts Payable2.8B3.5B3.9B3.9B3.2B3.3B
Long Term Debt1.4B1.1B1.2B1.2B1.9B2.0B
Good Will210.7M211.0M206.3M206.3M300.5M315.6M
Other Current Assets9.3B10.9B11.7B580.1M14.6B15.3B
Intangible Assets51.5M38.6M37.2M31.5M474.8M498.6M
Net Tangible Assets8.1B10.2B5.6B8.9B10.2B6.6B
Retained Earnings Total Equity4.7B5.4B5.2B4.1B4.7B4.1B
Long Term Debt Total1.4B1.1B1.2B1.2B1.3B930.8M
Long Term Investments17.4B20.6B19.4B19.7B27.7B14.4B
Non Current Liabilities Other9.4B10.4B21.4B25.0B28.8B30.2B
Short Term Debt779K502.1M0.030M75M83.0M
Warrants3.1B3.4B3.6B4.5B5.2B5.5B
Short Long Term Debt205K779K1.5M30M75M51.6M

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Additional Tools for Renaissancere Stock Analysis

When running Renaissancere Holdings' price analysis, check to measure Renaissancere Holdings' 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 Renaissancere Holdings is operating at the current time. Most of Renaissancere Holdings' value examination focuses on studying past and present price action to predict the probability of Renaissancere Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renaissancere Holdings' price. Additionally, you may evaluate how the addition of Renaissancere Holdings to your portfolios can decrease your overall portfolio volatility.