Renaissancere Holdings Preferred Stock Cash And Equivalents

RNR-PF Preferred Stock   24.43  0.11  0.45%   
RenaissanceRe Holdings fundamentals help investors to digest information that contributes to RenaissanceRe Holdings' financial success or failures. It also enables traders to predict the movement of RenaissanceRe Preferred Stock. The fundamental analysis module provides a way to measure RenaissanceRe Holdings' 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 RenaissanceRe Holdings preferred stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

RenaissanceRe Holdings Company Cash And Equivalents Analysis

RenaissanceRe Holdings' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, RenaissanceRe Holdings has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Financial Services sector and about the same as Insurance-Reinsurance (which currently averages 0.0) industry. The cash and equivalents for all United States preferred stocks is 100.0% higher than that of the company.

RenaissanceRe Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RenaissanceRe Holdings' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of RenaissanceRe Holdings could also be used in its relative valuation, which is a method of valuing RenaissanceRe Holdings by comparing valuation metrics of similar companies.
RenaissanceRe Holdings is currently under evaluation in cash and equivalents category among its peers.

RenaissanceRe Fundamentals

About RenaissanceRe Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze RenaissanceRe Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RenaissanceRe Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RenaissanceRe Holdings 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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Other Information on Investing in RenaissanceRe Preferred Stock

RenaissanceRe Holdings financial ratios help investors to determine whether RenaissanceRe Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RenaissanceRe with respect to the benefits of owning RenaissanceRe Holdings security.