Renalytix Debt To Equity from 2010 to 2024

RNLX Stock  USD 0.46  0.01  2.87%   
Renalytix Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity is likely to outpace its year average in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.59
Current Value
0.62
Quarterly Volatility
3.79849763
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Renalytix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renalytix's main balance sheet or income statement drivers, such as Interest Expense of 4 K, Other Operating Expenses of 29.1 M or Tax Provision of 2.4 K, as well as many indicators such as Price To Sales Ratio of 38.53, Dividend Yield of 0.0 or PTB Ratio of 9.12. Renalytix financial statements analysis is a perfect complement when working with Renalytix Valuation or Volatility modules.
  
Check out the analysis of Renalytix Correlation against competitors.

Latest Renalytix's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Renalytix AI over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Renalytix's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Renalytix's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.01 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Renalytix Debt To Equity Regression Statistics

Arithmetic Mean(3.60)
Geometric Mean0.95
Coefficient Of Variation(105.42)
Mean Deviation3.66
Median(7.03)
Standard Deviation3.80
Sample Variance14.43
Range7.6895
R-Value0.88
Mean Square Error3.51
R-Squared0.77
Significance0.000015
Slope0.75
Total Sum of Squares202.00

Renalytix Debt To Equity History

2024 0.62
2023 0.59
2022 0.66
2021 0.29
2020 0.003701
2018 0.0173

About Renalytix Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Renalytix income statement, its balance sheet, and the statement of cash flows. Renalytix investors use historical funamental indicators, such as Renalytix's Debt To Equity, to determine how well the company is positioned to perform in the future. Although Renalytix investors may use each financial statement separately, they are all related. The changes in Renalytix's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Renalytix's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Renalytix Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Renalytix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 0.59  0.62 

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Additional Tools for Renalytix Stock Analysis

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