Renesas Electronics Financials

RNECY Stock  USD 8.90  0.14  1.60%   
You can use Renesas Electronics Corp fundamental data analysis to find out if markets are presently mispricing the firm. We were able to break down thirty-two available financial ratios for Renesas Electronics Corp, which can be compared to its competitors. To ensure the equity is not overpriced, please check all Renesas Electronics Corp financials, including its debt to equity, and the relationship between the ebitda and number of employees . Given that Renesas Electronics Corp has a price to earning of 39.76 X, we recommend you to check out Renesas Electronics Corp recent market performance to make sure the company can sustain itself down the road. The stock experiences a large bullish trend. Check odds of Renesas Electronics to be traded at $9.79 in 90 days.
With this module, you can analyze Renesas financials for your investing period. You should be able to track the changes in Renesas Electronics individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Renesas Electronics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Renesas Electronics' financial statements are interrelated, with each one affecting the others. For example, an increase in Renesas Electronics' assets may result in an increase in income on the income statement.
Evaluating Renesas Electronics' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Renesas Electronics' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Renesas Electronics' relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
Renesas Electronics Corp has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Renesas Electronics pink sheet is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Renesas Electronics' odds of distress score SHOULD NOT be confused with the real chance of Renesas Electronics Corp filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Renesas is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Renesas Electronics' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Renesas Electronics' official financial statements usually reflect Renesas Electronics' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Renesas Electronics Corp. For example, before you start analyzing numbers published by Renesas accountants, it's critical to develop an understanding of what Renesas Electronics' liquidity, profitability, and earnings quality are in the context of the Technology space in which it operates.
Please note, the presentation of Renesas Electronics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Renesas Electronics' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Renesas Electronics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Renesas Electronics Corp. Please utilize our Beneish M Score to check the likelihood of Renesas Electronics' management manipulating its earnings.

Renesas Electronics Company Summary

Renesas Electronics competes with NVIDIA, Taiwan Semiconductor, Broadcom, Advanced Micro, and Qualcomm Incorporated. Renesas Electronics Corporation researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, North America, Europe, rest of Asia, and internationally. The company was incorporated in 2002 and is headquartered in Tokyo, Japan. RENESAS ELECTRONICS operates under Semiconductors classification in the United States and is traded on OTC Exchange.
InstrumentUSA Pink Sheet View All
ExchangePINK Exchange
ISINUS75972B1017
Business AddressTOYOSU FORESIA, Tokyo,
SectorTechnology
IndustrySemiconductors
BenchmarkNYSE Composite
Websitewww.renesas.com
Phone81 3 6773 3000
CurrencyUSD - US Dollar
You should never invest in Renesas Electronics without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Renesas Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Renesas Electronics' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Renesas Electronics Key Financial Ratios

Generally speaking, Renesas Electronics' financial ratios allow both analysts and investors to convert raw data from Renesas Electronics' financial statements into concise, actionable information that can be used to evaluate the performance of Renesas Electronics over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Renesas Electronics Corp reports annually and quarterly.

Renesas Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Renesas Electronics's current stock value. Our valuation model uses many indicators to compare Renesas Electronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Renesas Electronics competition to find correlations between indicators driving Renesas Electronics's intrinsic value. More Info.
Renesas Electronics Corp is currently regarded as top stock in current liabilities category among related companies. It is currently regarded as top stock in total asset category among related companies fabricating about  14.16  of Total Asset per Current Liabilities. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Renesas Electronics by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Renesas Electronics' Pink Sheet . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Renesas Electronics' earnings, one of the primary drivers of an investment's value.

Renesas Electronics Corp Systematic Risk

Renesas Electronics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Renesas Electronics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Renesas Electronics Corp correlated with the market. If Beta is less than 0 Renesas Electronics generally moves in the opposite direction as compared to the market. If Renesas Electronics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Renesas Electronics Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Renesas Electronics is generally in the same direction as the market. If Beta > 1 Renesas Electronics moves generally in the same direction as, but more than the movement of the benchmark.

About Renesas Electronics Financials

What exactly are Renesas Electronics Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Renesas Electronics' income statement, its balance sheet, and the statement of cash flows. Potential Renesas Electronics investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Renesas Electronics investors may use each financial statement separately, they are all related. The changes in Renesas Electronics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Renesas Electronics'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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Renesas Electronics Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Renesas Electronics is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Renesas has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Renesas Electronics' financials are consistent with your investment objective using the following steps:
  • Review Renesas Electronics' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Renesas Electronics' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Renesas Electronics' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Renesas Electronics' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Renesas Electronics March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Renesas Electronics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Renesas Electronics Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Renesas Electronics Corp based on widely used predictive technical indicators. In general, we focus on analyzing Renesas Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Renesas Electronics's daily price indicators and compare them against related drivers.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renesas Electronics Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Renesas Electronics Corp information on this page should be used as a complementary analysis to other Renesas Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Renesas Electronics' price analysis, check to measure Renesas Electronics' 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 Renesas Electronics is operating at the current time. Most of Renesas Electronics' value examination focuses on studying past and present price action to predict the probability of Renesas Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renesas Electronics' price. Additionally, you may evaluate how the addition of Renesas Electronics to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Renesas Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Renesas Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renesas Electronics' 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.