Renaissancere Non Current Assets Total vs Short Term Investments 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 Non Current Assets Total and its Short Term Investments 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.
Non Current Assets Total vs Short Term Investments
Non Current Assets Total vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renaissancere Holdings Non Current Assets Total account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Renaissancere Holdings' Non Current Assets Total and Short Term Investments is 0.44. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Term Investments 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' Non Current Assets Total and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Renaissancere Holdings are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Renaissancere Holdings' Non Current Assets Total and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Short Term Investments
Short Term Investments is an item under the current assets section of Renaissancere Holdings balance sheet. It contains any investments Renaissancere Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Renaissancere Holdings can easily liquidate in the marketplace.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 06/04/2024, 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 Expenses | 5.4B | 6.3B | 6.0B | 6.3B | Gross Profit | 5.3B | 5.0B | 24.0M | 22.8M |
Renaissancere Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Renaissancere Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Renaissancere Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 43.2M | 47.2M | 47.2M | 43.0M | 47.6M | 45.8M | |
Total Assets | 26.3B | 30.8B | 34.0B | 36.6B | 49.0B | 51.5B | |
Short Long Term Debt Total | 1.4B | 1.1B | 1.2B | 1.2B | 2.0B | 2.1B | |
Total Current Liabilities | 2.8B | 3.5B | 3.9B | 111.8M | 3.3B | 3.5B | |
Total Stockholder Equity | 6.0B | 7.6B | 6.6B | 5.3B | 9.5B | 9.9B | |
Net Debt | 5.0M | (600.5M) | (690.7M) | (23.9M) | 81.1M | 85.2M | |
Retained Earnings | 4.7B | 5.4B | 5.2B | 4.1B | 6.5B | 6.8B | |
Cash | 1.4B | 1.7B | 1.9B | 1.2B | 1.9B | 2.0B | |
Non Current Assets Total | 17.6B | 19.6B | 19.7B | 5.2B | 1.5B | 1.4B | |
Non Currrent Assets Other | (222.7M) | (235.7M) | (167.9M) | (16.3B) | (24.6B) | (23.4B) | |
Other Assets | (2.7B) | (1.8B) | (1.3B) | 30.7B | 41.1B | 43.1B | |
Cash And Short Term Investments | 5.9B | 6.7B | 7.2B | 5.9B | 6.5B | 6.8B | |
Net Receivables | 5.5B | 6.4B | 8.4B | 10.2B | 13.2B | 13.9B | |
Common Stock Total Equity | 44.1M | 50.8M | 44.4M | 43.7M | 39.3M | 75.2M | |
Liabilities And Stockholders Equity | 26.3B | 30.8B | 34.0B | 36.6B | 49.0B | 51.5B | |
Non Current Liabilities Total | 1.4B | 1.1B | 1.2B | 1.3B | 1.9B | 2.0B | |
Other Stockholder Equity | 568.3M | 1.6B | 608.1M | 475.6M | 2.1B | 2.3B | |
Total Liab | 17.3B | 19.9B | 23.8B | 26.7B | 33.5B | 35.1B | |
Total Current Assets | 11.4B | 13.1B | 15.6B | 587.1M | 6.5B | 4.6B | |
Accumulated Other Comprehensive Income | (1.9M) | (12.6M) | (10.9M) | (15.5M) | (14.2M) | (13.5M) | |
Common Stock | 44.1M | 50.8M | 44.4M | 43.7M | 52.7M | 74.0M | |
Other Current Liab | (2.8B) | (3.5B) | (3.9B) | (3.8B) | (3.3B) | (3.1B) | |
Short Term Investments | 4.6B | 5.0B | 5.3B | 4.7B | 4.6B | 4.8B | |
Other Liab | 7.6B | 970.1M | 755.4M | 11.4B | 13.1B | 13.7B | |
Accounts Payable | 2.8B | 3.5B | 3.9B | 3.9B | 3.2B | 3.3B | |
Long Term Debt | 1.4B | 1.1B | 1.2B | 1.2B | 1.9B | 2.0B | |
Good Will | 210.7M | 211.0M | 206.3M | 206.3M | 300.5M | 315.6M | |
Other Current Assets | 9.3B | 10.9B | 11.7B | 580.1M | 14.6B | 15.3B | |
Intangible Assets | 51.5M | 38.6M | 37.2M | 31.5M | 474.8M | 498.6M | |
Net Tangible Assets | 8.1B | 10.2B | 5.6B | 8.9B | 10.2B | 6.6B | |
Retained Earnings Total Equity | 4.7B | 5.4B | 5.2B | 4.1B | 4.7B | 4.1B | |
Long Term Debt Total | 1.4B | 1.1B | 1.2B | 1.2B | 1.3B | 930.8M | |
Long Term Investments | 17.4B | 20.6B | 19.4B | 19.7B | 27.7B | 14.4B | |
Non Current Liabilities Other | 9.4B | 10.4B | 21.4B | 25.0B | 28.8B | 30.2B | |
Short Term Debt | 779K | 502.1M | 0.0 | 30M | 75M | 83.0M | |
Warrants | 3.1B | 3.4B | 3.6B | 4.5B | 5.2B | 5.5B | |
Short Long Term Debt | 205K | 779K | 1.5M | 30M | 75M | 51.6M |
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