Rent the Runway, Inc. financial data

Symbol
RENT on Nasdaq
Industry
Retail-Retail Stores, NEC
Location
10 Jay St, Suite 900, Brooklyn, New York
State of incorporation
Delaware
Fiscal year end
January 31
Latest financial report
Q1 2024 - Jun 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 202 % -27.4%
Debt-to-equity -365 % +74.3%
Return On Equity 95.1 % -79.8%
Return On Assets -35.9 % -0.34%
Operating Margin -25.2 % +16.7%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 92.5 M USD -54.7%
Weighted Average Number of Shares Outstanding, Basic 3.65 M shares +10.7%
Weighted Average Number of Shares Outstanding, Diluted 3.65 M shares +10.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 299 M USD -1.48%
Revenue from Contract with Customer, Excluding Assessed Tax 34.8 M USD +18%
General and Administrative Expense 97.9 M USD -7.9%
Costs and Expenses 374 M USD -5.31%
Operating Income (Loss) -75.2 M USD +18%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -105 M USD +17.1%
Income Tax Expense (Benefit) 200 K USD
Net Income (Loss) Attributable to Parent -105 M USD +16.8%
Earnings Per Share, Basic -30 USD/shares +41.9%
Earnings Per Share, Diluted -30 USD/shares +41.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 82 M USD -42%
Assets, Current 99.3 M USD -37.4%
Property, Plant and Equipment, Net 33.4 M USD -20.1%
Operating Lease, Right-of-Use Asset 33.2 M USD +27.7%
Intangible Assets, Net (Excluding Goodwill) 3.1 M USD -20.5%
Other Assets, Noncurrent 4.9 M USD +36.1%
Assets 278 M USD -15%
Accounts Payable, Current 16.4 M USD -12.8%
Employee-related Liabilities, Current 3 M USD +20%
Contract with Customer, Liability, Current 500 K USD 0%
Liabilities, Current 61.6 M USD -5.52%
Operating Lease, Liability, Noncurrent 44.3 M USD +19.4%
Other Liabilities, Noncurrent 700 K USD +40%
Liabilities 420 M USD +9.3%
Retained Earnings (Accumulated Deficit) -1.08 B USD -10.8%
Stockholders' Equity Attributable to Parent -141 M USD -150%
Liabilities and Equity 278 M USD -15%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 4.6 M USD
Net Cash Provided by (Used in) Financing Activities -600 K USD -500%
Net Cash Provided by (Used in) Investing Activities -6 M USD +31.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2 M USD +83.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 92 M USD -39.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 9.6 M USD -51.5%
Deferred Tax Assets, Valuation Allowance 256 M USD +10.2%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 266 M USD +10.3%
Operating Lease, Liability 48 M USD +15.4%
Depreciation 12 M USD -5.51%
Lessee, Operating Lease, Liability, to be Paid 82.1 M USD +7.32%
Operating Lease, Liability, Current 3.7 M USD -17.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 11.3 M USD +37.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.3 M USD +18.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.16 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 34.1 M USD -2.29%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11.2 M USD +38.3%
Deferred Tax Assets, Operating Loss Carryforwards 166 M USD +5.25%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 200 K USD
Preferred Stock, Shares Authorized 10 M shares 0%
Unrecognized Tax Benefits 1.2 M USD +33.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 11.3 M USD +43%
Additional Paid in Capital 934 M USD +2.25%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 0 USD
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 2.7 M USD -27%
Share-based Payment Arrangement, Expense 20.4 M USD -28.9%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%