Renew Energy Global Stock Current Liabilities
| RNWWW Stock | USD 0.44 0.02 4.35% |
ReNew Energy Global fundamentals help investors to digest information that contributes to ReNew Energy's financial success or failures. It also enables traders to predict the movement of ReNew Stock. The fundamental analysis module provides a way to measure ReNew Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ReNew Energy stock.
Total Current Liabilities is likely to drop to about 90.9 B in 2024. Non Current Liabilities Total is likely to drop to about 451.2 B in 2024. ReNew | Current Liabilities |
ReNew Energy Global Company Current Liabilities Analysis
ReNew Energy's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
ReNew Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for ReNew Energy is extremely important. It helps to project a fair market value of ReNew Stock properly, considering its historical fundamentals such as Current Liabilities. Since ReNew Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ReNew Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ReNew Energy's interrelated accounts and indicators.
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ReNew Current Liabilities Historical Pattern
Today, most investors in ReNew Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ReNew Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ReNew Energy current liabilities as a starting point in their analysis.
ReNew Energy Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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ReNew Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, ReNew Energy Global has a Current Liabilities of 0.0. This is 100.0% lower than that of the Electric Utilities sector and about the same as Utilities (which currently averages 0.0) industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
ReNew Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ReNew Energy's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ReNew Energy could also be used in its relative valuation, which is a method of valuing ReNew Energy by comparing valuation metrics of similar companies.ReNew Energy is currently under evaluation in current liabilities category among related companies.
ReNew Fundamentals
| Return On Equity | 0.0304 | ||||
| Return On Asset | 0.0344 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.47 % | ||||
| Revenue | 78.22 B | ||||
| EBITDA | 63.04 B | ||||
| Net Income | (2.47 B) | ||||
| Cash And Equivalents | 44.41 B | ||||
| Cash Per Share | 116.88 X | ||||
| Total Debt | 516.43 B | ||||
| Debt To Equity | 4.53 % | ||||
| Current Ratio | 1.52 X | ||||
| Book Value Per Share | 163.39 X | ||||
| Cash Flow From Operations | 62.57 B | ||||
| Earnings Per Share | (0.22) X | ||||
| Number Of Employees | 2.48 K | ||||
| Beta | 0.91 | ||||
| Total Asset | 748.11 B | ||||
| Retained Earnings | (53.62 B) | ||||
| Working Capital | (4.08 B) | ||||
| Net Asset | 748.11 B |
About ReNew Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ReNew Energy Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ReNew Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ReNew Energy Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ReNew Energy Global is a strong investment it is important to analyze ReNew Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ReNew Energy's future performance. For an informed investment choice regarding ReNew Stock, refer to the following important reports:Check out ReNew Energy Piotroski F Score and ReNew Energy Altman Z Score analysis. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for ReNew Stock analysis
When running ReNew Energy's price analysis, check to measure ReNew Energy'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 ReNew Energy is operating at the current time. Most of ReNew Energy's value examination focuses on studying past and present price action to predict the probability of ReNew Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ReNew Energy's price. Additionally, you may evaluate how the addition of ReNew Energy to your portfolios can decrease your overall portfolio volatility.
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Is ReNew Energy'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 ReNew Energy. If investors know ReNew 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 ReNew Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Revenue Per Share 237.122 | Quarterly Revenue Growth 0.214 | Return On Assets 0.0344 | Return On Equity 0.0304 |
The market value of ReNew Energy Global is measured differently than its book value, which is the value of ReNew that is recorded on the company's balance sheet. Investors also form their own opinion of ReNew Energy's value that differs from its market value or its book value, called intrinsic value, which is ReNew Energy'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 ReNew Energy's market value can be influenced by many factors that don't directly affect ReNew Energy'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 ReNew Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ReNew Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ReNew Energy'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.