Rent the Runway, Inc.

Rent the Runway, Inc.verified

RENT

Price:

$8.14

Market Cap:

$30.34M

Rent the Runway, Inc. rents designer wear for women through its stores and online retail. The company offers ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, ski wear, home goods, evening wear, and kids wear, as well as accessories. It also engages in the software development and support activities. The company was incorporated in 2009 and is headquartered in Brooklyn, New York.[Read more]

Industry

Apparel - Retail

IPO Date

2021-10-27

Stock Exchange

NASDAQ

Ticker

RENT

The Current Ratio as of December 2024 (TTM) for Rent the Runway, Inc. (RENT) is 1.65

According to Rent the Runway, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.65. This represents a change of -9.62% compared to the average of 1.83 of the last 4 quarters.

Rent the Runway, Inc. (RENT) Historical Current Ratio (quarterly & annually)

How has RENT Current Ratio performed in the past?

The mean historical Current Ratio of Rent the Runway, Inc. over the last ten years is 2.53. The current 1.65 Current Ratio has changed 6.42% with respect to the historical average. Over the past ten years (40 quarters), RENT's Current Ratio was at its highest in in the June 2015 quarter at 4.36. The Current Ratio was at its lowest in in the October 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

2.53

Median

2.39

Minimum

0.91

Maximum

3.92

Rent the Runway, Inc. (RENT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Rent the Runway, 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 = 180.75%

Maximum Annual Current Ratio = 3.92

Minimum Annual Increase = -76.83%

Minimum Annual Current Ratio = 0.91

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.12-25.92%
20232.87-25.45%
20223.8551.07%
20212.55180.75%
20200.91-76.83%
20153.9281.00%
20142.163.14%
20132.10-6.43%
20122.24-14.34%
20112.62-29.41%

Rent the Runway, Inc. (RENT) Average Current Ratio

How has RENT Current Ratio performed in the past?

The current Current Ratio of Rent the Runway, Inc. (RENT) 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

2.95

5-year avg

2.46

10-year avg

2.53

Rent the Runway, Inc. (RENT) Current Ratio vs. Peers

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

Rent the Runway, Inc.’s Current Ratio is less than Shoe Carnival, Inc. (0), less than Hibbett, Inc. (3.88), greater than Citi Trends, Inc. (1.44), greater than Zumiez Inc. (1.15), less than The Buckle, Inc. (1.87), less than Genesco Inc. (2.37), greater than Stitch Fix, Inc. (1.56), less than Victoria's Secret & Co. (1.73), greater than The Children's Place, Inc. (1.17), greater than Lulu's Fashion Lounge Holdings, Inc. (0.93), greater than Torrid Holdings Inc. (0.75), greater than Lands' End, Inc. (0.89), less than Destination XL Group, Inc. (1.74), greater than Duluth Holdings Inc. (1.57), greater than null (1.30),

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