Renaissancere Current Deferred Revenue vs Long Term Debt Analysis
RNR Stock | USD 227.86 0.30 0.13% |
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 Current Deferred Revenue and its Long Term Debt 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.
Current Deferred Revenue vs Long Term Debt
Current Deferred Revenue vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renaissancere Holdings Current Deferred Revenue account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Renaissancere Holdings' Current Deferred Revenue and Long Term Debt is 0.57. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Long Term Debt 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' Current Deferred Revenue and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Renaissancere Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Current Deferred Revenue i.e., Renaissancere Holdings' Current Deferred Revenue and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Long Term Debt
Long-term debt is a debt that Renaissancere Holdings has held for over one year. Long-term debt appears on Renaissancere Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Renaissancere Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 06/02/2024, 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
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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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Try AI Portfolio ArchitectCheck 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.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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Is Renaissancere Holdings' 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 Renaissancere Holdings. If investors know Renaissancere 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 Renaissancere Holdings 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 (0.46) | Dividend Share 1.53 | Earnings Share 46.3 | Revenue Per Share 193.015 | Quarterly Revenue Growth 0.187 |
The market value of Renaissancere Holdings is measured differently than its book value, which is the value of Renaissancere that is recorded on the company's balance sheet. Investors also form their own opinion of Renaissancere Holdings' value that differs from its market value or its book value, called intrinsic value, which is Renaissancere Holdings' 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 Renaissancere Holdings' market value can be influenced by many factors that don't directly affect Renaissancere Holdings' 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 Renaissancere Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Renaissancere Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renaissancere Holdings' 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.