Renew Payout Ratio vs Income Quality Analysis

RNW Stock

USD 6.87 0.05 0.72%

Renew Energy financial indicator trend analysis is much more than just breaking down Renew Energy Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Renew Energy Global is a good investment. Please check the relationship between Renew Energy Payout Ratio and its Income Quality accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renew Energy Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Payout Ratio vs Income Quality

Payout Ratio vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Renew Energy Global Payout Ratio account and Income Quality. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Renew Energy's Payout Ratio and Income Quality is 0.13. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Income Quality in the same time period over historical financial statements of Renew Energy Global, assuming nothing else is changed. The correlation between historical values of Renew Energy's Payout Ratio and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Renew Energy Global are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Payout Ratio i.e., Renew Energy's Payout Ratio and Income Quality go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Renew Energy Global earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Renew Energy Global dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Renew Energy Global is paying out more in dividends than it makes in net income.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Renew Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Renew Energy Global 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 Renew Energy Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Renew Energy's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 852 B in 2024, whereas Tax Provision is likely to drop slightly above 3.2 B in 2024.

	2021	2022	2023	2024 (projected)
EBIT	24.2B	41.5B	51.2B	35.5B
Other Operating Expenses	26.4B	25.0B	8.6B	17.0B

Ebit Other Operating Expenses

Renew Energy fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Short Term Investments
Other Current Liab		0.63	0.37	0.57	-0.59	0.6	0.87	-0.01	0.67	0.61	0.61	-0.58	0.29	0.6	0.51	0.56	0.49	0.57	0.4	0.45	0.57	0.26	0.31	0.52	-0.43	0.42
Total Current Liabilities	0.63		0.86	0.95	-0.95	0.98	0.71	0.33	0.9	0.86	0.89	-0.7	0.8	0.99	0.93	0.98	0.88	0.98	0.87	0.88	0.98	0.74	0.78	0.8	-0.58	0.92
Other Liab	0.37	0.86		0.83	-0.81	0.88	0.67	0.68	0.91	0.7	0.94	-0.86	0.95	0.85	0.98	0.91	0.76	0.9	0.98	0.9	0.9	0.95	0.89	0.63	-0.43	0.95
Net Tangible Assets	0.57	0.95	0.83		-0.87	0.93	0.67	0.31	0.8	0.69	0.87	-0.62	0.79	0.95	0.9	0.91	0.93	0.9	0.79	0.83	0.9	0.67	0.79	0.63	-0.39	0.9
Retained Earnings	-0.59	-0.95	-0.81	-0.87		-0.91	-0.68	-0.38	-0.84	-0.93	-0.87	0.69	-0.81	-0.95	-0.87	-0.95	-0.9	-0.93	-0.85	-0.91	-0.94	-0.76	-0.83	-0.79	0.77	-0.89
Accounts Payable	0.6	0.98	0.88	0.93	-0.91		0.7	0.33	0.92	0.85	0.88	-0.74	0.79	0.98	0.94	0.98	0.84	0.99	0.9	0.82	0.98	0.77	0.73	0.85	-0.58	0.93
Other Assets	0.87	0.71	0.67	0.67	-0.68	0.7		0.47	0.84	0.64	0.85	-0.86	0.65	0.69	0.75	0.69	0.63	0.68	0.65	0.65	0.68	0.59	0.61	0.54	-0.42	0.68
Net Receivables	-0.01	0.33	0.68	0.31	-0.38	0.33	0.47		0.49	0.27	0.65	-0.72	0.81	0.34	0.59	0.41	0.43	0.35	0.61	0.58	0.36	0.77	0.74	0.15	-0.2	0.62
Inventory	0.67	0.9	0.91	0.8	-0.84	0.92	0.84	0.49		0.84	0.94	-0.91	0.81	0.88	0.95	0.93	0.7	0.93	0.93	0.84	0.93	0.85	0.75	0.78	-0.57	0.88
Other Current Assets	0.61	0.86	0.7	0.69	-0.93	0.85	0.64	0.27	0.84		0.76	-0.69	0.66	0.87	0.77	0.89	0.71	0.9	0.8	0.77	0.9	0.71	0.64	0.91	-0.89	0.78
Other Stockholder Equity	0.61	0.89	0.94	0.87	-0.87	0.88	0.85	0.65	0.94	0.76		-0.91	0.93	0.88	0.97	0.91	0.85	0.89	0.92	0.91	0.89	0.89	0.91	0.63	-0.51	0.94
Deferred Long Term Liab	-0.58	-0.7	-0.86	-0.62	0.69	-0.74	-0.86	-0.72	-0.91	-0.69	-0.91		-0.83	-0.69	-0.86	-0.77	-0.6	-0.75	-0.87	-0.75	-0.75	-0.88	-0.76	-0.6	0.51	-0.81
Total Current Assets	0.29	0.8	0.95	0.79	-0.81	0.79	0.65	0.81	0.81	0.66	0.93	-0.83		0.8	0.93	0.85	0.83	0.81	0.91	0.91	0.81	0.94	0.97	0.53	-0.46	0.95
Common Stock	0.6	0.99	0.85	0.95	-0.95	0.98	0.69	0.34	0.88	0.87	0.88	-0.69	0.8		0.92	0.97	0.91	0.97	0.86	0.85	0.97	0.74	0.77	0.83	-0.62	0.93
Property Plant Equipment	0.51	0.93	0.98	0.9	-0.87	0.94	0.75	0.59	0.95	0.77	0.97	-0.86	0.93	0.92		0.96	0.83	0.94	0.97	0.9	0.95	0.9	0.88	0.71	-0.49	0.97
Total Assets	0.56	0.98	0.91	0.91	-0.95	0.98	0.69	0.41	0.93	0.89	0.91	-0.77	0.85	0.97	0.96		0.85	1.0	0.94	0.91	1.0	0.84	0.82	0.82	-0.65	0.95
Total Stockholder Equity	0.49	0.88	0.76	0.93	-0.9	0.84	0.63	0.43	0.7	0.71	0.85	-0.6	0.83	0.91	0.83	0.85		0.81	0.73	0.84	0.82	0.68	0.86	0.58	-0.54	0.89
Property Plant And Equipment Net	0.57	0.98	0.9	0.9	-0.93	0.99	0.68	0.35	0.93	0.9	0.89	-0.75	0.81	0.97	0.94	1.0	0.81		0.94	0.87	1.0	0.82	0.76	0.86	-0.65	0.93
Net Debt	0.4	0.87	0.98	0.79	-0.85	0.9	0.65	0.61	0.93	0.8	0.92	-0.87	0.91	0.86	0.97	0.94	0.73	0.94		0.89	0.94	0.96	0.85	0.74	-0.58	0.94
Cash	0.45	0.88	0.9	0.83	-0.91	0.82	0.65	0.58	0.84	0.77	0.91	-0.75	0.91	0.85	0.9	0.91	0.84	0.87	0.89		0.88	0.86	0.95	0.55	-0.55	0.88
Non Current Assets Total	0.57	0.98	0.9	0.9	-0.94	0.98	0.68	0.36	0.93	0.9	0.89	-0.75	0.81	0.97	0.95	1.0	0.82	1.0	0.94	0.88		0.82	0.78	0.84	-0.65	0.93
Non Currrent Assets Other	0.26	0.74	0.95	0.67	-0.76	0.77	0.59	0.77	0.85	0.71	0.89	-0.88	0.94	0.74	0.9	0.84	0.68	0.82	0.96	0.86	0.82		0.89	0.6	-0.55	0.9
Cash And Short Term Investments	0.31	0.78	0.89	0.79	-0.83	0.73	0.61	0.74	0.75	0.64	0.91	-0.76	0.97	0.77	0.88	0.82	0.86	0.76	0.85	0.95	0.78	0.89		0.43	-0.48	0.89
Good Will	0.52	0.8	0.63	0.63	-0.79	0.85	0.54	0.15	0.78	0.91	0.63	-0.6	0.53	0.83	0.71	0.82	0.58	0.86	0.74	0.55	0.84	0.6	0.43		-0.77	0.73
Common Stock Shares Outstanding	-0.43	-0.58	-0.43	-0.39	0.77	-0.58	-0.42	-0.2	-0.57	-0.89	-0.51	0.51	-0.46	-0.62	-0.49	-0.65	-0.54	-0.65	-0.58	-0.55	-0.65	-0.55	-0.48	-0.77		-0.56
Short Term Investments	0.42	0.92	0.95	0.9	-0.89	0.93	0.68	0.62	0.88	0.78	0.94	-0.81	0.95	0.93	0.97	0.95	0.89	0.93	0.94	0.88	0.93	0.9	0.89	0.73	-0.56

Click cells to compare fundamentals

Renew Energy Account Relationship Matchups

Renew Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	13.6B	14.1B	24.2B	41.0B	47.2B	33.8B
Total Current Liabilities	52.7B	60.8B	101.3B	115.8B	142.0B	91.8B
Other Liab	9.8B	26.0B	29.6B	37.0B	42.5B	24.4B
Net Tangible Assets	35.6B	38.6B	25.7B	78.7B	90.5B	46.7B
Retained Earnings	1.2B	(6.5B)	(38.4B)	(53.6B)	(56.4B)	(53.6B)
Accounts Payable	3.7B	3.2B	5.6B	6.1B	9.1B	5.3B
Other Assets	26.3B	12.1B	14.0B	20.0B	23.0B	17.9B
Net Receivables	29.6B	40.0B	44.8B	22.2B	15.6B	28.9B
Inventory	609M	833M	815M	1.2B	1.7B	944.7M
Other Current Assets	722M	9.5B	10.5B	23.6B	36.9B	38.7B
Other Stockholder Equity	70.6B	67.2B	153.4B	154.1B	156.8B	106.4B
Total Current Assets	84.9B	92.3B	135.2B	111.8B	104.4B	98.9B
Property Plant Equipment	282.5B	345.3B	346.3B	445.1B	511.9B	366.3B
Total Assets	479.6B	492.1B	641.3B	748.1B	873.9B	666.1B
Total Stockholder Equity	74.5B	62.1B	118.4B	106.8B	105.2B	99.0B
Property Plant And Equipment Net	350.8B	353.8B	445.1B	544.5B	691.5B	489.2B
Net Debt	321.0B	331.0B	363.3B	478.2B	628.6B	387.2B
Cash	13.1B	20.7B	28.4B	38.2B	27.0B	25.2B
Non Current Assets Total	394.6B	399.7B	506.1B	636.4B	769.5B	554.9B
Non Currrent Assets Other	5.2B	4.9B	17.0B	43.2B	33.5B	35.2B
Cash And Short Term Investments	44.4B	47.2B	81.3B	80.6B	51.9B	60.7B
Short Term Investments	31.3B	26.6B	52.9B	42.4B	55.9B	41.2B
Non Current Liabilities Total	348.0B	366.5B	413.7B	512.5B	610.2B	459.2B
Total Liab	400.7B	427.3B	515.0B	628.4B	752.2B	558.3B
Intangible Assets	24.6B	24.8B	28.1B	27.0B	26.3B	28.7B

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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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Renew Payout Ratio vs Income Quality Analysis

Payout Ratio vs Income Quality

Payout Ratio vs Income Quality Correlation Analysis

Correlation Coefficient

Payout Ratio

Income Quality

Renew Energy fundamental ratios Correlations

Renew Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Renew Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 0.99	Total Current Liabilities
Property Plant And Equipment Net	+ 0.99	Accounts Payable
Accounts Payable	+ 0.98	Total Current Liabilities

Total Assets	- 0.95	Retained Earnings
Common Stock	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Total Current Liabilities
Non Current Assets Total	- 0.94	Retained Earnings
Property Plant And Equipment Net	- 0.93	Retained Earnings
Other Current Assets	- 0.93	Retained Earnings