RENN Fund, Inc.

RENN Fund, Inc.verified

RCG

Price:

$2.7

Market Cap:

$18.94M

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 November 2024 (TTM) for RENN Fund, Inc. (RCG) is 0.16

According to RENN Fund, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.16. This represents a change of -92.18% compared to the average of 2.10 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 32.22. The current 0.16 Current Ratio has changed -49.04% 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

32.22

Median

1.69

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
20230.29-99.84%
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

87.76

5-year avg

53.28

10-year avg

32.22

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), less than John Hancock Hedged Equity & Income Fund (2.27), greater than Clough Global Dividend and Income Fund (0), greater than Clough Global Opportunities Fund (0), greater than Dividend Growth Split Corp. (0), less than Voya Asia Pacific High Dividend Equity Income Fund (98.06), greater than MFS Special Value Trust (0), less than MFS Municipal Income Trust (5.51), greater than BlackRock MuniHoldings Fund, Inc. (0.05), less than Neuberger Berman New York Municipal Fund, Inc. (0.31), less than Eaton Vance New York Municipal Bond Fund (7.26), less 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), less than null (1.11),

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