Renasant Retained Earnings vs Good Will Analysis

RNST Stock

USD 30.09 0.01 0.03%

Renasant financial indicator trend analysis is much more than just breaking down Renasant prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Renasant is a good investment. Please check the relationship between Renasant Retained Earnings and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renasant. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Renasant Stock please use our How to Invest in Renasant guide.

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

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

The correlation between Renasant's Retained Earnings and Good Will is 0.8. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Good Will in the same time period over historical financial statements of Renasant, assuming nothing else is changed. The correlation between historical values of Renasant's Retained Earnings and Good Will 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 Renasant are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Retained Earnings i.e., Renasant's Retained Earnings and Good Will go up and down completely randomly.

Correlation Coefficient

0.8

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Renasant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Renasant 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 Renasant. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Renasant Stock please use our How to Invest in Renasant guide.At this time, Renasant's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 10.77 in 2024, whereas Tax Provision is likely to drop slightly above 34.5 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	44.7M	60.5M	278.0M	291.9M
Depreciation And Amortization	6.0M	5.1M	35.2M	37.0M

Interest Expense Depreciation And Amortization

Renasant fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Total Current Liabilities	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments	Inventory
Total Assets		0.84	0.98	0.96	-0.17	0.98	0.74	0.54	-0.4	0.83	0.66	0.79	0.65	0.96	0.8	0.98	-0.1	0.53	0.56	0.97	0.82	0.85	0.99	0.86	0.77	-0.64
Short Long Term Debt Total	0.84		0.83	0.83	0.29	0.84	0.42	0.31	-0.35	0.68	0.45	0.7	0.68	0.82	0.77	0.83	-0.15	0.89	0.9	0.81	0.72	0.53	0.8	0.7	0.61	-0.52
Total Stockholder Equity	0.98	0.83		0.97	-0.13	0.94	0.7	0.59	-0.31	0.85	0.65	0.83	0.56	0.99	0.77	0.93	-0.01	0.54	0.56	0.98	0.86	0.83	0.97	0.84	0.77	-0.68
Property Plant And Equipment Net	0.96	0.83	0.97		-0.11	0.91	0.68	0.62	-0.38	0.77	0.67	0.85	0.51	0.96	0.71	0.93	-0.09	0.54	0.56	0.95	0.85	0.85	0.94	0.85	0.78	-0.69
Net Debt	-0.17	0.29	-0.13	-0.11		-0.12	-0.75	-0.55	0.24	-0.01	-0.58	-0.08	0.18	-0.1	-0.11	-0.2	-0.04	0.58	0.57	-0.08	-0.07	-0.43	-0.2	-0.26	-0.46	0.11
Retained Earnings	0.98	0.84	0.94	0.91	-0.12		0.7	0.37	-0.49	0.81	0.54	0.68	0.79	0.9	0.83	0.98	-0.25	0.54	0.57	0.93	0.73	0.78	0.99	0.8	0.67	-0.61
Cash	0.74	0.42	0.7	0.68	-0.75	0.7		0.74	-0.47	0.48	0.86	0.56	0.3	0.66	0.64	0.76	-0.07	0.07	0.09	0.64	0.57	0.78	0.75	0.73	0.86	-0.47
Non Current Assets Total	0.54	0.31	0.59	0.62	-0.55	0.37	0.74		-0.13	0.29	0.9	0.72	-0.25	0.6	0.33	0.46	0.31	0.08	0.06	0.54	0.68	0.66	0.48	0.66	0.87	-0.36
Non Currrent Assets Other	-0.4	-0.35	-0.31	-0.38	0.24	-0.49	-0.47	-0.13		-0.06	-0.33	-0.16	-0.44	-0.24	-0.23	-0.51	0.86	-0.08	-0.1	-0.22	-0.12	-0.46	-0.42	-0.57	-0.39	0.13
Other Assets	0.83	0.68	0.85	0.77	-0.01	0.81	0.48	0.29	-0.06		0.4	0.66	0.6	0.87	0.7	0.76	0.11	0.47	0.49	0.85	0.71	0.59	0.83	0.6	0.51	-0.64
Cash And Short Term Investments	0.66	0.45	0.65	0.67	-0.58	0.54	0.86	0.9	-0.33	0.4		0.75	0.03	0.66	0.49	0.64	0.12	0.21	0.2	0.57	0.7	0.72	0.61	0.76	0.98	-0.48
Common Stock Shares Outstanding	0.79	0.7	0.83	0.85	-0.08	0.68	0.56	0.72	-0.16	0.66	0.75		0.22	0.85	0.55	0.71	0.19	0.52	0.49	0.8	0.98	0.7	0.73	0.85	0.81	-0.56
Non Current Liabilities Total	0.65	0.68	0.56	0.51	0.18	0.79	0.3	-0.25	-0.44	0.6	0.03	0.22		0.5	0.7	0.73	-0.47	0.53	0.57	0.58	0.3	0.37	0.71	0.41	0.17	-0.37
Other Stockholder Equity	0.96	0.82	0.99	0.96	-0.1	0.9	0.66	0.6	-0.24	0.87	0.66	0.85	0.5		0.74	0.89	0.06	0.57	0.59	0.96	0.87	0.8	0.93	0.81	0.77	-0.72
Total Liab	0.8	0.77	0.77	0.71	-0.11	0.83	0.64	0.33	-0.23	0.7	0.49	0.55	0.7	0.74		0.84	0.0	0.62	0.64	0.78	0.61	0.43	0.81	0.54	0.59	-0.49
Property Plant And Equipment Gross	0.98	0.83	0.93	0.93	-0.2	0.98	0.76	0.46	-0.51	0.76	0.64	0.71	0.73	0.89	0.84		-0.25	0.53	0.56	0.91	0.74	0.81	0.98	0.82	0.74	-0.66
Total Current Assets	-0.1	-0.15	-0.01	-0.09	-0.04	-0.25	-0.07	0.31	0.86	0.11	0.12	0.19	-0.47	0.06	0.0	-0.25		-0.02	-0.04	0.06	0.22	-0.13	-0.15	-0.2	0.07	0.05
Total Current Liabilities	0.53	0.89	0.54	0.54	0.58	0.54	0.07	0.08	-0.08	0.47	0.21	0.52	0.53	0.57	0.62	0.53	-0.02		1.0	0.53	0.53	0.15	0.49	0.37	0.35	-0.43
Short Term Debt	0.56	0.9	0.56	0.56	0.57	0.57	0.09	0.06	-0.1	0.49	0.2	0.49	0.57	0.59	0.64	0.56	-0.04	1.0		0.56	0.51	0.17	0.52	0.36	0.34	-0.45
Common Stock Total Equity	0.97	0.81	0.98	0.95	-0.08	0.93	0.64	0.54	-0.22	0.85	0.57	0.8	0.58	0.96	0.78	0.91	0.06	0.53	0.56		0.86	0.79	0.96	0.79	0.7	-0.59
Common Stock	0.82	0.72	0.86	0.85	-0.07	0.73	0.57	0.68	-0.12	0.71	0.7	0.98	0.3	0.87	0.61	0.74	0.22	0.53	0.51	0.86		0.71	0.77	0.85	0.78	-0.52
Other Liab	0.85	0.53	0.83	0.85	-0.43	0.78	0.78	0.66	-0.46	0.59	0.72	0.7	0.37	0.8	0.43	0.81	-0.13	0.15	0.17	0.79	0.71		0.84	0.85	0.78	-0.55
Accounts Payable	0.99	0.8	0.97	0.94	-0.2	0.99	0.75	0.48	-0.42	0.83	0.61	0.73	0.71	0.93	0.81	0.98	-0.15	0.49	0.52	0.96	0.77	0.84		0.82	0.72	-0.65
Long Term Debt	0.86	0.7	0.84	0.85	-0.26	0.8	0.73	0.66	-0.57	0.6	0.76	0.85	0.41	0.81	0.54	0.82	-0.2	0.37	0.36	0.79	0.85	0.85	0.82		0.85	-0.41
Short Term Investments	0.77	0.61	0.77	0.78	-0.46	0.67	0.86	0.87	-0.39	0.51	0.98	0.81	0.17	0.77	0.59	0.74	0.07	0.35	0.34	0.7	0.78	0.78	0.72	0.85		-0.5
Inventory	-0.64	-0.52	-0.68	-0.69	0.11	-0.61	-0.47	-0.36	0.13	-0.64	-0.48	-0.56	-0.37	-0.72	-0.49	-0.66	0.05	-0.43	-0.45	-0.59	-0.52	-0.55	-0.65	-0.41	-0.5

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Renasant Account Relationship Matchups

Renasant fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.4B	14.9B	16.8B	17.0B	17.4B	18.2B
Short Long Term Debt Total	856.5M	475.0M	485.2M	1.1B	729.4M	765.9M
Total Stockholder Equity	2.1B	2.1B	2.2B	2.1B	2.3B	2.4B
Property Plant And Equipment Net	309.7M	300.5M	293.1M	283.6M	283.2M	297.4M
Net Debt	441.6M	(158.2M)	(1.4B)	564.4M	(72.0M)	(68.4M)
Retained Earnings	617.4M	615.8M	741.6M	857.7M	952.1M	999.7M
Cash	414.9M	633.2M	1.9B	576.0M	801.4M	841.4M
Non Current Assets Total	2.6B	2.6B	4.1B	1.3B	1.3B	1.1B
Non Currrent Assets Other	(2.6B)	(2.6B)	(4.1B)	(2.9B)	(2.2B)	(2.1B)
Other Assets	9.0B	10.3B	8.3B	14.0B	14.9B	15.7B
Cash And Short Term Investments	1.7B	2.0B	4.3B	2.1B	1.1B	634.0M
Common Stock Shares Outstanding	58.2M	56.5M	56.1M	56.1M	56.4M	28.6M
Liabilities And Stockholders Equity	13.4B	14.9B	16.8B	17.0B	17.4B	18.2B
Non Current Liabilities Total	376.5M	475.0M	471.2M	14.1B	14.8B	15.5B
Other Stockholder Equity	1.2B	1.2B	1.2B	1.2B	1.2B	1.3B
Total Liab	11.3B	475.0M	14.6B	14.9B	15.1B	15.8B
Property Plant And Equipment Gross	309.7M	300.5M	430.3M	433.1M	439.1M	461.1M
Total Current Assets	1.8B	2.1B	4.3B	1.7B	1.1B	1.1B
Accumulated Other Comprehensive Income	764K	25.1M	(10.4M)	(209.0M)	(154.3M)	(146.5M)
Total Current Liabilities	480M	21.3M	13.9M	712.2M	307.6M	236.7M
Short Term Debt	480M	21.3M	13.9M	712.2M	300M	315M
Other Liab	97.7M	241.5M	209.6M	134.3M	154.4M	162.1M
Accounts Payable	10.2B	12.1B	13.9B	13.5B	15.5B	16.3B
Long Term Debt	376.5M	475.0M	471.2M	428.1M	429.4M	268.6M
Short Term Investments	1.3B	1.3B	2.4B	1.5B	923.3M	765.2M
Inventory	8.0M	6.0M	(1.5M)	1.8M	1.6M	1.5M
Treasury Stock	(24.2M)	(83.2M)	(101.6M)	(118.0M)	(106.2M)	(100.9M)
Property Plant Equipment	309.7M	300.5M	293.1M	283.6M	326.1M	342.4M
Good Will	611.0M	932.9M	939.7M	1.0B	991.7M	504.7M
Intangible Assets	90.5M	93.1M	113.1M	84.4M	110.5M	80.1M
Other Current Assets	9.0B	10.2B	8.3B	(497.5M)	(572.1M)	(543.5M)
Other Current Liab	(480M)	12.1B	(13.9M)	13.5B	7.6M	7.2M
Net Tangible Assets	1.1B	1.2B	1.2B	1.1B	1.3B	852.6M
Net Receivables	85.7M	78.4M	76.1M	115.0M	113.5M	198.4M
Retained Earnings Total Equity	617.4M	615.8M	741.6M	857.7M	986.4M	1.0B
Long Term Debt Total	376.5M	475.0M	471.2M	428.1M	492.4M	302.6M
Capital Surpluse	1.3B	1.3B	1.3B	1.3B	1.5B	898.1M
Long Term Investments	1.6B	1.8B	2.8B	2.9B	2.1B	1.8B

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When determining whether Renasant 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 Renasant 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 Renasant Stock. Highlighted below are key reports to facilitate an investment decision about Renasant Stock:

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renasant. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Renasant Stock please use our How to Invest in Renasant guide.

You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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

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Is Renasant'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 Renasant. If investors know Renasant 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 Renasant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.15)

Dividend Share

0.88

Earnings Share

2.44

Revenue Per Share

10.906

Quarterly Revenue Growth

(0.02)

The market value of Renasant is measured differently than its book value, which is the value of Renasant that is recorded on the company's balance sheet. Investors also form their own opinion of Renasant's value that differs from its market value or its book value, called intrinsic value, which is Renasant'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 Renasant's market value can be influenced by many factors that don't directly affect Renasant'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 Renasant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Renasant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renasant'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.

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Renasant Retained Earnings vs Good Will Analysis

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

Correlation Coefficient

Retained Earnings

Good Will

Renasant fundamental ratios Correlations

Renasant Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Renasant fundamental ratios Accounts

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Complementary Tools for Renasant Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Total Current Liabilities
Accounts Payable	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.99	Retained Earnings
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Assets

Cash	- 0.75	Net Debt
Inventory	- 0.72	Other Stockholder Equity
Inventory	- 0.69	Property Plant And Equipment Net
Inventory	- 0.68	Total Stockholder Equity
Inventory	- 0.66	Property Plant And Equipment Gross
Inventory	- 0.65	Accounts Payable