Rent the Runway, Inc. (RENT)

Rent the Runway Statistics

Total Valuation

RENT has a market cap or net worth of $38.31 million. The enterprise value is $328.61 million.

Market Cap	38.31M
Enterprise Value	328.61M

Important Dates

The next estimated earnings date is Tuesday, December 3, 2024, after market close.

Earnings Date	Dec 3, 2024
Ex-Dividend Date	n/a

Share Statistics

RENT has 3.81 million shares outstanding. The number of shares has increased by 9.37% in one year.

Current Share Class	n/a
Shares Outstanding	3.81M
Shares Change (YoY)	+9.37%
Shares Change (QoQ)	+2.49%
Owned by Insiders (%)	18.38%
Owned by Institutions (%)	15.28%
Float	2.19M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.12
Forward PS	0.23
PB Ratio	n/a
P/FCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.09
EV / EBITDA	149.37
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.92

Current Ratio	1.92
Quick Ratio	1.59
Debt / Equity	n/a
Debt / EBITDA	8.24
Debt / FCF	n/a
Interest Coverage	-1.98

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	-12.53%
Return on Capital (ROIC)	-14.98%
Revenue Per Employee	$273,732
Profits Per Employee	-$85,054
Employee Count	1,104
Asset Turnover	1.08
Inventory Turnover	n/a

Taxes

In the past 12 months, RENT has paid $400,000 in taxes.

Income Tax	400,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -1.54% in the last 52 weeks. The beta is 1.05, so RENT's price volatility has been similar to the market average.

Beta (5Y)	1.05
52-Week Price Change	-1.54%
50-Day Moving Average	10.34
200-Day Moving Average	13.27
Relative Strength Index (RSI)	48.46
Average Volume (20 Days)	45,682

Short Selling Information

The latest short interest is 212,528, so 5.58% of the outstanding shares have been sold short.

Short Interest	212,528
Short Previous Month	220,201
Short % of Shares Out	5.58%
Short % of Float	9.72%
Short Ratio (days to cover)	2.91

Income Statement

In the last 12 months, RENT had revenue of $302.20 million and -$93.90 million in losses. Loss per share was -$26.12.

Revenue	302.20M
Gross Profit	219.40M
Operating Income	-56.30M
Pretax Income	-104.90M
Net Income	-93.90M
EBITDA	2.20M
EBIT	-56.30M
Loss Per Share	-$26.12

Balance Sheet

The company has $76.60 million in cash and $367.70 million in debt, giving a net cash position of -$291.10 million or -$76.44 per share.

Cash & Cash Equivalents	76.60M
Total Debt	367.70M
Net Cash	-291.10M
Net Cash Per Share	-$76.44
Equity (Book Value)	-154.50M
Book Value Per Share	-41.08
Working Capital	44.30M

Cash Flow

In the last 12 months, operating cash flow was -$4.80 million and capital expenditures -$72.50 million, giving a free cash flow of -$77.30 million.

Operating Cash Flow	-4.80M
Capital Expenditures	-72.50M
Free Cash Flow	-77.30M
FCF Per Share	-$20.30

Margins

Gross margin is 72.60%, with operating and profit margins of -18.63% and -31.07%.

Gross Margin	72.60%
Operating Margin	-18.63%
Pretax Margin	-30.94%
Profit Margin	-31.07%
EBITDA Margin	0.73%
EBIT Margin	-18.63%
FCF Margin	-19.93%

Dividends & Yields

RENT does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-9.37%
Shareholder Yield	-9.37%
Earnings Yield	-250.33%
FCF Yield	-206.08%

Analyst Forecast

The average price target for RENT is $27.63, which is 174.65% higher than the current price. The consensus rating is "Buy".

Price Target	$27.63
Price Target Difference	174.65%
Analyst Consensus	Buy
Analyst Count	8
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on April 3, 2024. It was a reverse split with a ratio of 0.05:1.

Last Split Date	Apr 3, 2024
Split Type	Reverse
Split Ratio	0.05:1

Scores

RENT has an Altman Z-Score of -5.19 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-5.19
Piotroski F-Score	3