Renaissancere Retained Earnings vs Cash 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 Retained Earnings and its Cash 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.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renaissancere Holdings Retained Earnings account and Cash. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Renaissancere Holdings' Retained Earnings and Cash is 0.85. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash 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' Retained Earnings and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Renaissancere Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Renaissancere Holdings' Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash

Cash refers to the most liquid asset of Renaissancere Holdings, which is listed under current asset account on Renaissancere Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Renaissancere Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Renaissancere Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 Expenses	5.4B	6.3B	6.0B	6.3B
Gross Profit	5.3B	5.0B	24.0M	22.8M

Other Operating Expenses Gross Profit

Renaissancere Holdings fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Short Term Investments	Other Liab	Accounts Payable	Long Term Debt	Preferred Stock Total Equity	Good Will
Common Stock Shares Outstanding		-0.26	-0.33	-0.47	-0.44	0.0	-0.57	-0.3	-0.27	0.16	-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
Total Assets	-0.26		0.93	-0.19	0.93	-0.16	0.88	0.91	0.13	-0.73	0.79	0.93	0.99	0.56	0.84	0.88	1.0	0.36	0.71	-0.73	0.91	0.84	0.91	0.92	0.78	0.82
Short Long Term Debt Total	-0.33	0.93		0.02	0.92	0.05	0.89	0.87	0.13	-0.69	0.7	0.84	0.9	0.53	0.92	0.85	0.91	0.4	0.67	-0.55	0.8	0.78	0.79	1.0	0.69	0.94
Total Current Liabilities	-0.47	-0.19	0.02		0.04	0.05	0.16	-0.01	0.14	0.33	-0.23	-0.23	-0.26	0.09	-0.09	-0.15	-0.22	0.09	0.08	0.74	-0.3	-0.34	-0.32	0.02	-0.24	0.05
Total Stockholder Equity	-0.44	0.93	0.92	0.04		-0.1	0.98	0.86	0.17	-0.65	0.66	0.86	0.88	0.67	0.82	0.9	0.9	0.46	0.82	-0.56	0.83	0.7	0.78	0.91	0.72	0.78
Net Debt	0.0	-0.16	0.05	0.05	-0.1		-0.11	-0.46	-0.55	-0.23	0.19	-0.38	-0.16	0.04	0.02	-0.05	-0.18	-0.44	0.08	0.33	-0.35	0.17	-0.39	0.05	-0.17	0.04
Retained Earnings	-0.57	0.88	0.89	0.16	0.98	-0.11		0.85	0.25	-0.58	0.59	0.83	0.82	0.67	0.8	0.81	0.85	0.49	0.8	-0.47	0.8	0.63	0.75	0.89	0.73	0.75
Cash	-0.3	0.91	0.87	-0.01	0.86	-0.46	0.85		0.4	-0.5	0.53	0.94	0.88	0.45	0.81	0.78	0.91	0.58	0.56	-0.66	0.89	0.61	0.9	0.87	0.7	0.82
Non Current Assets Total	-0.27	0.13	0.13	0.14	0.17	-0.55	0.25	0.4		0.49	-0.46	0.44	0.06	0.07	0.2	-0.03	0.13	0.58	-0.01	-0.26	0.44	-0.26	0.42	0.16	0.31	0.18
Non Currrent Assets Other	0.16	-0.73	-0.69	0.33	-0.65	-0.23	-0.58	-0.5	0.49		-0.89	-0.5	-0.77	-0.36	-0.71	-0.71	-0.73	0.01	-0.54	0.5	-0.49	-0.82	-0.51	-0.68	-0.54	-0.61
Other Assets	-0.06	0.79	0.7	-0.23	0.66	0.19	0.59	0.53	-0.46	-0.89		0.52	0.83	0.44	0.59	0.73	0.79	-0.21	0.62	-0.43	0.5	0.91	0.53	0.69	0.5	0.58
Cash And Short Term Investments	-0.28	0.93	0.84	-0.23	0.86	-0.38	0.83	0.94	0.44	-0.5	0.52		0.9	0.47	0.78	0.76	0.93	0.59	0.57	-0.81	0.99	0.66	0.98	0.84	0.8	0.77
Net Receivables	-0.18	0.99	0.9	-0.26	0.88	-0.16	0.82	0.88	0.06	-0.77	0.83	0.9		0.51	0.82	0.85	1.0	0.28	0.66	-0.74	0.88	0.87	0.89	0.89	0.77	0.8
Common Stock Total Equity	-0.39	0.56	0.53	0.09	0.67	0.04	0.67	0.45	0.07	-0.36	0.44	0.47	0.51		0.45	0.55	0.52	0.12	0.95	-0.25	0.46	0.43	0.4	0.53	0.31	0.35
Non Current Liabilities Total	-0.39	0.84	0.92	-0.09	0.82	0.02	0.8	0.81	0.2	-0.71	0.59	0.78	0.82	0.45		0.72	0.83	0.4	0.57	-0.59	0.75	0.66	0.76	0.93	0.72	0.91
Other Stockholder Equity	-0.05	0.88	0.85	-0.15	0.9	-0.05	0.81	0.78	-0.03	-0.71	0.73	0.76	0.85	0.55	0.72		0.85	0.35	0.73	-0.62	0.74	0.73	0.7	0.84	0.51	0.76
Total Liab	-0.23	1.0	0.91	-0.22	0.9	-0.18	0.85	0.91	0.13	-0.73	0.79	0.93	1.0	0.52	0.83	0.85		0.34	0.67	-0.74	0.91	0.84	0.92	0.91	0.78	0.82
Total Current Assets	-0.3	0.36	0.4	0.09	0.46	-0.44	0.49	0.58	0.58	0.01	-0.21	0.59	0.28	0.12	0.4	0.35	0.34		0.13	-0.41	0.58	-0.05	0.52	0.41	0.4	0.43
Common Stock	-0.39	0.71	0.67	0.08	0.82	0.08	0.8	0.56	-0.01	-0.54	0.62	0.57	0.66	0.95	0.57	0.73	0.67	0.13		-0.33	0.55	0.59	0.49	0.67	0.48	0.46
Other Current Liab	-0.13	-0.73	-0.55	0.74	-0.56	0.33	-0.47	-0.66	-0.26	0.5	-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
Short Term Investments	-0.27	0.91	0.8	-0.3	0.83	-0.35	0.8	0.89	0.44	-0.49	0.5	0.99	0.88	0.46	0.75	0.74	0.91	0.58	0.55	-0.85		0.66	0.98	0.81	0.81	0.73
Other Liab	-0.1	0.84	0.78	-0.34	0.7	0.17	0.63	0.61	-0.26	-0.82	0.91	0.66	0.87	0.43	0.66	0.73	0.84	-0.05	0.59	-0.6	0.66		0.66	0.77	0.61	0.63
Accounts Payable	-0.24	0.91	0.79	-0.32	0.78	-0.39	0.75	0.9	0.42	-0.51	0.53	0.98	0.89	0.4	0.76	0.7	0.92	0.52	0.49	-0.84	0.98	0.66		0.8	0.8	0.75
Long Term Debt	-0.35	0.92	1.0	0.02	0.91	0.05	0.89	0.87	0.16	-0.68	0.69	0.84	0.89	0.53	0.93	0.84	0.91	0.41	0.67	-0.55	0.81	0.77	0.8		0.7	0.94
Preferred Stock Total Equity	-0.44	0.78	0.69	-0.24	0.72	-0.17	0.73	0.7	0.31	-0.54	0.5	0.8	0.77	0.31	0.72	0.51	0.78	0.4	0.48	-0.67	0.81	0.61	0.8	0.7		0.56
Good Will	-0.25	0.82	0.94	0.05	0.78	0.04	0.75	0.82	0.18	-0.61	0.58	0.77	0.8	0.35	0.91	0.76	0.82	0.43	0.46	-0.49	0.73	0.63	0.75	0.94	0.56

Click cells to compare fundamentals

Renaissancere Holdings Account Relationship Matchups

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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Renaissancere Retained Earnings vs Cash Analysis

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

Correlation Coefficient

Retained Earnings

Cash

Renaissancere Holdings fundamental ratios Correlations

Renaissancere Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Renaissancere Holdings fundamental ratios Accounts

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Additional Tools for Renaissancere Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Receivables
Net Receivables	+ 0.99	Total Assets
Short Term Investments	+ 0.99	Cash And Short Term Investments
Retained Earnings	+ 0.98	Total Stockholder Equity

Other Assets	- 0.89	Non Currrent Assets Other
Short Term Investments	- 0.85	Other Current Liab
Accounts Payable	- 0.84	Other Current Liab
Other Liab	- 0.82	Non Currrent Assets Other
Other Current Liab	- 0.81	Cash And Short Term Investments
Net Receivables	- 0.77	Non Currrent Assets Other