RENN Fund, Inc.

RENN Fund, Inc.verified

RCG

Price:

$1.9936

Market Cap:

$13.99M

RENN Fund, Inc. is a closed ended equity mutual fund launched by RENN Capital Group, Inc. The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies. The fund employs a fundamental analysis with a bottom-up stock picking approach to create its portfolio. It was formerly known as RENN Global Entrepreneurs Fund, Inc. RENN Fund, Inc. was formed on January 20, 1994 and is domiciled in the United States.[Read more]

Industry

Asset Management

IPO Date

1996-04-30

Stock Exchange

AMEX

Ticker

RCG

The Current Ratio as of September 2024 (TTM) for RENN Fund, Inc. (RCG) is 7.50

According to RENN Fund, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 7.50. This represents a change of 4.03% compared to the average of 7.21 of the last 4 quarters.

RENN Fund, Inc. (RCG) Historical Current Ratio (quarterly & annually)

How has RCG Current Ratio performed in the past?

The mean historical Current Ratio of RENN Fund, Inc. over the last ten years is 32.94. The current 7.50 Current Ratio has changed 2.18% with respect to the historical average. Over the past ten years (40 quarters), RCG's Current Ratio was at its highest in in the December 2022 quarter at 179.79. The Current Ratio was at its lowest in in the December 2019 quarter at 0.01.

Quarterly (TTM)
Annual

Average

32.94

Median

5.30

Minimum

0.01

Maximum

179.79

RENN Fund, Inc. (RCG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of RENN Fund, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 61.12%

Maximum Annual Current Ratio = 179.79

Minimum Annual Increase = -99.84%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20237.50-95.83%
2022179.79116.09%
202183.202.59%
20203.0961.12%
20190.01-60.20%
20180.01-90.92%
20170.1494.41%
20160.07-99.84%
201546.30399.06%
20149.28-63.79%

RENN Fund, Inc. (RCG) Average Current Ratio

How has RCG Current Ratio performed in the past?

The current Current Ratio of RENN Fund, Inc. (RCG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

90.17

5-year avg

54.72

10-year avg

32.94

RENN Fund, Inc. (RCG) Current Ratio vs. Peers

How is RCG’s Current Ratio compared to its peers?

RENN Fund, Inc.’s Current Ratio is less than Ellsworth Growth and Income Fund Ltd. (0), greater than Delaware Investments National Municipal Income Fund (0), greater than Nuveen New Jersey Quality Municipal Income Fund (0), greater than John Hancock Hedged Equity & Income Fund (1.35), greater than Clough Global Dividend and Income Fund (2.25), greater than Clough Global Opportunities Fund (0), greater than Dividend Growth Split Corp. (0.99), less than Voya Asia Pacific High Dividend Equity Income Fund (95.45), greater than MFS Special Value Trust (0), greater than MFS Municipal Income Trust (5.51), greater than BlackRock MuniHoldings Fund, Inc. (0.05), greater than Neuberger Berman New York Municipal Fund, Inc. (0.31), greater than Eaton Vance New York Municipal Bond Fund (1.61), greater than BNY Mellon Municipal Income, Inc. (2.34), greater than Abrdn Emerging Markets Equity Income Fund Inc (0), greater than Putnam Master Intermediate Income Trust (0), greater than John Hancock Investors Trust (0), greater than MFS Charter Income Trust (0.06), greater than The Gabelli Multimedia Trust Inc. (0.08), greater than null (0),

Build a custom stock screener for RENN Fund, Inc. (RCG) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like RENN Fund, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

RENN Fund, Inc. (RCG) and other stocks custom spreadsheet templates

The easiest way to analyze a company like RENN Fund, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is RENN Fund, Inc.'s Current Ratio?

How is the Current Ratio calculated for RENN Fund, Inc. (RCG)?

What is the highest Current Ratio for RENN Fund, Inc. (RCG)?

What is the 3-year average Current Ratio for RENN Fund, Inc. (RCG)?

What is the 5-year average Current Ratio for RENN Fund, Inc. (RCG)?

How does the current Current Ratio for RENN Fund, Inc. (RCG) compare to its historical average?