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Renoworks Software Stock Working Capital

ROWKF Stock  USD 0.33  0.02  5.71%   
Fundamental analysis of RenoWorks Software allows traders to better anticipate movements in RenoWorks Software's stock price by examining its financial health and performance throughout various phases of its business cycle.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

RenoWorks Software Company Working Capital Analysis

RenoWorks Software's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Based on the company's disclosures, RenoWorks Software has a Working Capital of 0.0. This is 100.0% lower than that of the Technology sector and about the same as Software—Application (which currently averages 0.0) industry. The working capital for all United States stocks is 100.0% higher than that of the company.

RenoWorks Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RenoWorks Software's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of RenoWorks Software could also be used in its relative valuation, which is a method of valuing RenoWorks Software by comparing valuation metrics of similar companies.
RenoWorks Software is currently under evaluation in working capital category among its peers.

RenoWorks Fundamentals

About RenoWorks Software Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in RenoWorks Pink Sheet

RenoWorks Software financial ratios help investors to determine whether RenoWorks Pink Sheet 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 RenoWorks with respect to the benefits of owning RenoWorks Software security.