![]() Rent The Runway currently holds about 192.3 M in cash with (47.7 M) of positive cash flow from operations. The entity has 64.24 M outstanding shares of which 6.56 M shares are at this time shorted by private and institutional investors with about 7.29 trading days to cover. Rent The Runway conducts business under Consumer Cyclical sector and is part of Apparel Retail industry. ![]() However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. To calculate Rent Runway's market, we take the total number of its shares issued and multiply it by Rent Runway's current market price. Market capitalization usually refers to the total value of a company's stock within the entire market. The company currently falls under 'Small-Cap' category with a current market capitalization of 133.97 M. Rent Runway is listed under Retail category by Fama And French industry classification. It is located in 10 Jay Street, Brooklyn, NY, United States, 11201 and employs 880 people. Rent The Runway (RENT) is traded on NASDAQ Exchange in USA. When we think about Rent Runway's use of debt, we should always consider it together with cash and equity. Debt, in this case, can be an excellent and much better tool for Rent to invest in growth at high rates of return. However, a more frequent occurrence is when companies like Rent The Runway sell additional shares at bargain prices, diluting existing shareholders. So, Rent Runway's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. Debt can assist Rent Runway until it has trouble settling it off, either with new capital or with free cash flow. Rent The Runway has a current ratio of 3.17, suggesting that it is liquid enough and is able to pay its financial obligations when due. ![]() The company currently holds 315.2 M in liabilities. It can also help you figure out where your money is going and how much cash you have available at a given moment. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list four times, while Hyman herself has been named to the “TIME 100: Most Influential People in the World" and as one of People Magazine’s “Women Changing the World."Īlison source version on GlobeNewswire.Rent Runway cash flow analysis is essential to understand how it generates and spends money over a specific period. ![]() RTR has built a two-sided discovery engine, which connects deeply engaged customers and differentiated brand partners on a powerful platform built around its brand, data, logistics and technology. The Closet in the Cloud offers a wide assortment of millions of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear and ski wear. Through RTR, customers can subscribe, rent items a-la-carte and shop resale from hundreds of designer brands. RTR’s mission has remained the same since its founding: powering women to feel their best every day. The webcast will also be available for replay for at least 14 days following the presentation.įounded in 2009, Rent the Runway is disrupting the trillion-dollar fashion industry and changing the way women get dressed through the Closet in the Cloud, the world’s first and largest shared designer closet. The live webcast of this event will be available on Rent the Runway’s investor relations website under the “Events” section at /. Management will participate in a fireside chat on at 3:30 PM ET.
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