Reliance Global Group Stock Total Debt
| RELIW Stock | USD 0.05 0.01 30.20% |
Reliance Global Group fundamentals help investors to digest information that contributes to Reliance Global's financial success or failures. It also enables traders to predict the movement of Reliance Stock. The fundamental analysis module provides a way to measure Reliance Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Reliance Global stock.
Total Debt To Capitalization is likely to drop to 0.42 in 2024. Reliance | Total Debt |
Reliance Global Group Company Total Debt Analysis
Reliance Global's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Reliance Global Total Debt | 14.54 M |
Most of Reliance Global's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reliance Global Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Reliance Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Reliance Global is extremely important. It helps to project a fair market value of Reliance Stock properly, considering its historical fundamentals such as Total Debt. Since Reliance Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Reliance Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Reliance Global's interrelated accounts and indicators.
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Reliance Total Debt Historical Pattern
Today, most investors in Reliance Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Reliance Global's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Reliance Global total debt as a starting point in their analysis.
Reliance Global Total Debt |
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
CompetitionReliance Net Debt
Net Debt |
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Based on the latest financial disclosure, Reliance Global Group has a Total Debt of 14.54 M. This is much higher than that of the Insurance sector and significantly higher than that of the Financials industry. The total debt for all United States stocks is notably lower than that of the firm.
Reliance Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reliance Global's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reliance Global could also be used in its relative valuation, which is a method of valuing Reliance Global by comparing valuation metrics of similar companies.Reliance Global is currently under evaluation in total debt category among its peers.
Reliance Global Current Valuation Drivers
We derive many important indicators used in calculating different scores of Reliance Global from analyzing Reliance Global's financial statements. These drivers represent accounts that assess Reliance Global's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Reliance Global's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.4B | 638.9M | 1.1B | 158.6M | 25.7M | 24.5M | |
| Enterprise Value | 1.4B | 652.8M | 1.1B | 174.4M | 39.0M | 37.0M |
Reliance Fundamentals
| Return On Equity | -1.99 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (1.19) % | ||||
| Operating Margin | (0.15) % | ||||
| Number Of Shares Shorted | 7.07 K | ||||
| Revenue | 13.73 M | ||||
| EBITDA | (5.76 M) | ||||
| Net Income | (12.01 M) | ||||
| Cash And Equivalents | 13.28 K | ||||
| Total Debt | 14.54 M | ||||
| Current Ratio | 0.09 X | ||||
| Book Value Per Share | 1.94 X | ||||
| Cash Flow From Operations | (847.97 K) | ||||
| Number Of Employees | 67 | ||||
| Beta | 0.28 | ||||
| Market Capitalization | 39.24 M | ||||
| Total Asset | 23.02 M | ||||
| Retained Earnings | (39 M) | ||||
| Working Capital | 1.19 M | ||||
| Net Asset | 23.02 M |
About Reliance Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reliance Global Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Global Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Reliance Stock Analysis
When running Reliance Global's price analysis, check to measure Reliance Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Global is operating at the current time. Most of Reliance Global's value examination focuses on studying past and present price action to predict the probability of Reliance Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Global's price. Additionally, you may evaluate how the addition of Reliance Global to your portfolios can decrease your overall portfolio volatility.