Reliance Sales General And Administrative To Revenue from 2010 to 2024

RELI Stock  USD 1.24  0.07  5.34%   
Reliance Global's Sales General And Administrative To Revenue is decreasing with very volatile movements from year to year. Sales General And Administrative To Revenue is predicted to flatten to 0.28. For the period between 2010 and 2024, Reliance Global, Sales General And Administrative To Revenue quarterly trend regression had mean deviation of  10.99 and range of 39.752. View All Fundamentals
 
Sales General And Administrative To Revenue  
First Reported
2010-12-31
Previous Quarter
0.29784742
Current Value
0.28
Quarterly Volatility
14.59170695
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reliance Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Global's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Depreciation And Amortization of 4.2 M or Interest Expense of 1.6 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.22 or PTB Ratio of 3.42. Reliance financial statements analysis is a perfect complement when working with Reliance Global Valuation or Volatility modules.
  
Check out the analysis of Reliance Global Correlation against competitors.

Latest Reliance Global's Sales General And Administrative To Revenue Growth Pattern

Below is the plot of the Sales General And Administrative To Revenue of Reliance Global Group over the last few years. It is Reliance Global's Sales General And Administrative To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reliance Global's overall financial position and show how it may be relating to other accounts over time.
Sales General And Administrative To Revenue10 Years Trend
Very volatile
   Sales General And Administrative To Revenue   
       Timeline  

Reliance Sales General And Administrative To Revenue Regression Statistics

Arithmetic Mean7.79
Geometric Mean1.29
Coefficient Of Variation187.25
Mean Deviation10.99
Median0.58
Standard Deviation14.59
Sample Variance212.92
Range39.752
R-Value(0.02)
Mean Square Error229.15
R-Squared0.0006
Significance0.93
Slope(0.08)
Total Sum of Squares2,981

Reliance Sales General And Administrative To Revenue History

2024 0.28
2023 0.3
2022 0.4
2021 0.37
2020 0.58
2019 0.82

About Reliance Global Financial Statements

Investors use fundamental indicators, such as Reliance Global's Sales General And Administrative To Revenue, to determine how well the company is positioned to perform in the future. Although Reliance Global's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Sales General And Administrative To Revenue 0.30  0.28 

Currently Active Assets on Macroaxis

When determining whether Reliance Global Group is a strong investment it is important to analyze Reliance Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Global's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:
Check out the analysis of Reliance Global Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reliance Global. If investors know Reliance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reliance Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(78.45)
Revenue Per Share
23.34
Quarterly Revenue Growth
0.051
Return On Assets
(0.11)
Return On Equity
(1.99)
The market value of Reliance Global Group is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Global's value that differs from its market value or its book value, called intrinsic value, which is Reliance Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reliance Global's market value can be influenced by many factors that don't directly affect Reliance Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reliance Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.