RENN
Price:
$1.65
Market Cap:
$54.91M
Renren Inc. engages in the software as a service business in the People's Republic of China. The company develops Chime, a software as a service platform that offers customer relationship management, intelligent data exchange webpage service, and team management solutions for real estate professionals. It also provides online and mobile services for the trucking industry in the United States. The company was formerly known as Oak Pacific Interactive and changed its name to Renren Inc. in December 2010. Renren Inc. was founded in 2002 and is based in Beijing, the People's Republic of China.
Industry
Software - Application
IPO Date
2011-05-04
Stock Exchange
NYSE
Ticker
RENN
According to Renren Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.56. This represents a change of 2.44% compared to the average of 1.52 of the last 4 quarters.
The mean historical Current Ratio of Renren Inc. over the last ten years is 1.60. The current 1.56 Current Ratio has changed 9.66% with respect to the historical average. Over the past ten years (40 quarters), RENN's Current Ratio was at its highest in in the June 2024 quarter at 2.25. The Current Ratio was at its lowest in in the March 2019 quarter at 1.11.
Average
1.60
Median
1.67
Minimum
0.74
Maximum
2.24
Discovering the peaks and valleys of Renren 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 = 104.56%
Maximum Annual Current Ratio = 2.24
Minimum Annual Increase = -39.70%
Minimum Annual Current Ratio = 0.74
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.86 | -13.53% |
| 2023 | 2.15 | 2.54% |
| 2022 | 2.10 | -6.36% |
| 2021 | 2.24 | 104.56% |
| 2020 | 1.10 | 47.95% |
| 2019 | 0.74 | -39.70% |
| 2018 | 1.23 | -2.66% |
| 2017 | 1.26 | -24.29% |
The current Current Ratio of Renren Inc. (RENN) 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
2.04
5-year avg
1.89
10-year avg
1.60
Renren Inc.’s Current Ratio is less than TSR, Inc. (3.01), greater than NextNRG Inc. (0.13), greater than Ebix, Inc. (0.46), greater than ACCESS Newswire Inc. (0.80), less than EMCORE Corporation (2.83), less than BSQUARE Corporation (7.01), greater than BIT Mining Limited (0.99), greater than MariaDB plc (0.42), less than Otonomo Technologies Ltd. (11.08), greater than Fathom Digital Manufacturing Corporation (0.22),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.01 | $29.03M | |
| 0.13 | $166.12M | |
| 0.46 | $35.85M | |
| 0.80 | $32.00M | |
| 2.83 | $28.11M | |
| 7.01 | $37.56M | |
| 0.99 | $18.53M | |
| 0.42 | $37.95M | |
| 11.08 | $52.37M | |
| 0.22 | $34.68M |
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