RenovoRx Historical Income Statement

RNXT Stock  USD 1.29  0.08  6.61%   
Historical analysis of RenovoRx income statement accounts such as Selling General Administrative of 3.5 M, Total Revenue of 0.0, Other Operating Expenses of 7.5 M or Research Development of 4 M can show how well RenovoRx performed in making a profits. Evaluating RenovoRx income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of RenovoRx's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining RenovoRx latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether RenovoRx is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RenovoRx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy RenovoRx Stock please use our How to Invest in RenovoRx guide.

About RenovoRx Income Statement Analysis

RenovoRx Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to RenovoRx shareholders. The income statement also shows RenovoRx investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

RenovoRx Income Statement Chart

At this time, RenovoRx's Net Interest Income is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 1.2 M in 2024, whereas Interest Income is likely to drop slightly above 64.3 K in 2024.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Operating Income

Operating Income is the amount of profit realized from RenovoRx operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of RenovoRx is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from RenovoRx's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into RenovoRx current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 RenovoRx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy RenovoRx Stock please use our How to Invest in RenovoRx guide.At this time, RenovoRx's Net Interest Income is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 1.2 M in 2024, whereas Interest Income is likely to drop slightly above 64.3 K in 2024.
 2021 2023 2024 (projected)
Depreciation And Amortization9K5.4K5.1K
Interest Income57K111K64.4K

RenovoRx income statement Correlations

0.55-0.540.030.12-0.15-0.020.00.31-0.140.12-0.050.650.04-0.990.22-0.24-0.2
0.55-0.790.440.54-0.48-0.36-0.250.71-0.480.54-0.390.69-0.34-0.50.34-0.45-0.34
-0.54-0.79-0.19-0.240.240.19-0.04-0.340.23-0.240.19-0.410.130.56-0.160.160.12
0.030.44-0.190.99-0.95-0.96-0.890.91-0.950.99-0.940.52-0.940.030.94-0.94-0.52
0.120.54-0.240.99-0.96-0.94-0.890.96-0.961.0-0.940.61-0.92-0.050.93-0.95-0.56
-0.15-0.480.24-0.95-0.960.980.96-0.921.0-0.960.99-0.720.980.06-0.930.980.76
-0.02-0.360.19-0.96-0.940.980.95-0.840.98-0.941.0-0.590.99-0.04-0.940.950.7
0.0-0.25-0.04-0.89-0.890.960.95-0.820.96-0.890.97-0.640.97-0.1-0.890.960.79
0.310.71-0.340.910.96-0.92-0.84-0.82-0.920.96-0.860.77-0.84-0.220.85-0.93-0.62
-0.14-0.480.23-0.95-0.961.00.980.96-0.92-0.960.99-0.720.980.05-0.930.980.76
0.120.54-0.240.991.0-0.96-0.94-0.890.96-0.96-0.940.61-0.92-0.050.93-0.95-0.56
-0.05-0.390.19-0.94-0.940.991.00.97-0.860.99-0.94-0.651.0-0.03-0.920.960.76
0.650.69-0.410.520.61-0.72-0.59-0.640.77-0.720.61-0.65-0.59-0.530.58-0.75-0.83
0.04-0.340.13-0.94-0.920.980.990.97-0.840.98-0.921.0-0.59-0.13-0.90.940.74
-0.99-0.50.560.03-0.050.06-0.04-0.1-0.220.05-0.05-0.03-0.53-0.13-0.180.150.06
0.220.34-0.160.940.93-0.93-0.94-0.890.85-0.930.93-0.920.58-0.9-0.18-0.96-0.55
-0.24-0.450.16-0.94-0.950.980.950.96-0.930.98-0.950.96-0.750.940.15-0.960.73
-0.2-0.340.12-0.52-0.560.760.70.79-0.620.76-0.560.76-0.830.740.06-0.550.73
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RenovoRx Account Relationship Matchups

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Additional Tools for RenovoRx Stock Analysis

When running RenovoRx's price analysis, check to measure RenovoRx'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 RenovoRx is operating at the current time. Most of RenovoRx's value examination focuses on studying past and present price action to predict the probability of RenovoRx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RenovoRx's price. Additionally, you may evaluate how the addition of RenovoRx to your portfolios can decrease your overall portfolio volatility.