Rent the Runway Balance Sheet Health
Financial Health criteria checks 0/6
Rent the Runway has a total shareholder equity of $-154.5M and total debt of $319.8M, which brings its debt-to-equity ratio to -207%. Its total assets and total liabilities are $257.4M and $411.9M respectively.
Key information
-207.0%
Debt to equity ratio
US$319.80m
Debt
| Interest coverage ratio | n/a |
| Cash | US$76.60m |
| Equity | -US$154.50m |
| Total liabilities | US$411.90m |
| Total assets | US$257.40m |
Recent financial health updates
Recent updates
Revenues Tell The Story For Rent the Runway, Inc. (NASDAQ:RENT) As Its Stock Soars 26%
Oct 20
Rent the Runway, Inc.'s (NASDAQ:RENT) Share Price Is Still Matching Investor Opinion Despite 28% Slump
Aug 21Rent the Runway, Inc. (NASDAQ:RENT) Shares Slammed 41% But Getting In Cheap Might Be Difficult Regardless
Jul 05Rent the Runway: There's Salvage Value Here
May 25Rent the Runway, Inc. (NASDAQ:RENT) Stocks Shoot Up 191% But Its P/S Still Looks Reasonable
May 21Is Now The Time To Look At Buying Rent the Runway, Inc. (NASDAQ:RENT)?
Apr 04The Price Is Right For Rent the Runway, Inc. (NASDAQ:RENT) Even After Diving 26%
Feb 13Calculating The Intrinsic Value Of Rent the Runway, Inc. (NASDAQ:RENT)
Jan 31What Is Rent the Runway, Inc.'s (NASDAQ:RENT) Share Price Doing?
Jan 03Market Participants Recognise Rent the Runway, Inc.'s (NASDAQ:RENT) Revenues Pushing Shares 25% Higher
Dec 08Rent The Runway: Gone In A New York Minute
Sep 30Rent the Runway GAAP EPS of -$0.53 beats by $0.12, revenue of $76.5M beats by $2.93M
Sep 12Rent the Runway: Automation And Technology Support Growing Margins
Jul 21Don't Just Rent The Runway, Buy It
Jun 06Rent the Runway: A Speculative Play On Fashion
Apr 21Rent the Runway, Inc. (NASDAQ:RENT) Shares Could Be 36% Below Their Intrinsic Value Estimate
Apr 20Rent the Runway: Rent Instead Of Buy?
Feb 24Rent the Runway - I Am Running Away
Nov 04Financial Position Analysis
Short Term Liabilities: RENT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RENT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RENT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RENT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RENT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RENT has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.5% each year.