Reliance Net Borrowings vs Free Cash Flow Analysis

RELI Stock

USD 1.24 0.07 5.34%

Reliance Global financial indicator trend analysis is much more than just breaking down Reliance Global Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reliance Global Group is a good investment. Please check the relationship between Reliance Global Net Borrowings and its Free Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reliance Global Group Net Borrowings account and Free Cash Flow. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Reliance Global's Net Borrowings and Free Cash Flow is 0.18. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Reliance Global Group, assuming nothing else is changed. The correlation between historical values of Reliance Global's Net Borrowings and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Reliance Global Group are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Borrowings i.e., Reliance Global's Net Borrowings and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Reliance Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reliance Global Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current Selling General Administrative is estimated to decrease to about 2.8 M. The current Issuance Of Capital Stock is estimated to decrease to about 3.3 M

Reliance Global fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Net Tangible Assets	Common Stock Shares Outstanding	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue	Net Invested Capital
Total Assets		0.55	-0.12	-0.2	0.86	-0.78	0.85	0.54	0.99	-0.75	0.54	0.78	0.87	0.96	0.56	0.82	0.86	-0.17	0.71	0.66	-0.88	0.91	-0.25	0.9	0.48	0.52
Total Current Liabilities	0.55		-0.87	-0.12	0.19	-0.53	0.39	0.94	0.45	-0.83	0.94	0.46	0.42	0.32	0.76	0.3	0.89	-0.12	0.8	0.88	-0.61	0.58	-0.04	0.31	0.53	-0.36
Total Stockholder Equity	-0.12	-0.87		0.07	0.16	0.1	0.04	-0.77	-0.02	0.56	-0.77	-0.01	-0.05	0.1	-0.5	0.2	-0.59	0.09	-0.46	-0.7	0.15	-0.17	0.03	0.08	-0.52	0.72
Property Plant And Equipment Net	-0.2	-0.12	0.07		-0.32	0.38	-0.25	-0.12	-0.2	0.05	-0.12	-0.34	-0.39	-0.26	-0.27	-0.24	-0.22	0.97	-0.22	-0.27	0.31	-0.12	0.84	-0.35	-0.23	-0.28
Net Debt	0.86	0.19	0.16	-0.32		-0.59	0.73	0.15	0.9	-0.39	0.15	0.61	0.89	0.95	0.29	0.64	0.6	-0.33	0.37	0.48	-0.65	0.65	-0.44	0.97	0.6	0.77
Retained Earnings	-0.78	-0.53	0.1	0.38	-0.59		-0.69	-0.67	-0.72	0.52	-0.67	-0.96	-0.83	-0.68	-0.87	-0.9	-0.74	0.31	-0.91	-0.68	0.97	-0.65	0.25	-0.74	-0.18	-0.46
Accounts Payable	0.85	0.39	0.04	-0.25	0.73	-0.69		0.36	0.86	-0.73	0.36	0.81	0.69	0.82	0.44	0.78	0.66	-0.29	0.57	0.45	-0.79	0.86	-0.14	0.75	0.26	0.53
Cash	0.54	0.94	-0.77	-0.12	0.15	-0.67	0.36		0.41	-0.72	1.0	0.57	0.44	0.29	0.89	0.42	0.83	-0.07	0.9	0.87	-0.68	0.5	-0.01	0.3	0.35	-0.3
Non Current Assets Total	0.99	0.45	-0.02	-0.2	0.9	-0.72	0.86	0.41		-0.7	0.41	0.73	0.86	0.98	0.45	0.81	0.8	-0.17	0.62	0.57	-0.83	0.9	-0.27	0.92	0.48	0.6
Non Currrent Assets Other	-0.75	-0.83	0.56	0.05	-0.39	0.52	-0.73	-0.72	-0.7		-0.72	-0.55	-0.46	-0.58	-0.53	-0.52	-0.87	0.07	-0.7	-0.64	0.68	-0.89	0.01	-0.45	-0.4	0.08
Cash And Short Term Investments	0.54	0.94	-0.77	-0.12	0.15	-0.67	0.36	1.0	0.41	-0.72		0.57	0.44	0.29	0.89	0.42	0.83	-0.07	0.9	0.87	-0.68	0.5	-0.01	0.3	0.35	-0.3
Net Receivables	0.78	0.46	-0.01	-0.34	0.61	-0.96	0.81	0.57	0.73	-0.55	0.57		0.81	0.69	0.8	0.9	0.69	-0.32	0.84	0.6	-0.94	0.69	-0.19	0.75	0.16	0.53
Common Stock Total Equity	0.87	0.42	-0.05	-0.39	0.89	-0.83	0.69	0.44	0.86	-0.46	0.44	0.81		0.87	0.65	0.75	0.76	-0.38	0.68	0.71	-0.84	0.66	-0.45	0.97	0.6	0.65
Non Current Liabilities Total	0.96	0.32	0.1	-0.26	0.95	-0.68	0.82	0.29	0.98	-0.58	0.29	0.69	0.87		0.36	0.78	0.71	-0.23	0.51	0.5	-0.78	0.83	-0.35	0.95	0.49	0.71
Other Current Assets	0.56	0.76	-0.5	-0.27	0.29	-0.87	0.44	0.89	0.45	-0.53	0.89	0.8	0.65	0.36		0.6	0.76	-0.23	0.95	0.84	-0.81	0.45	-0.14	0.48	0.29	0.02
Other Stockholder Equity	0.82	0.3	0.2	-0.24	0.64	-0.9	0.78	0.42	0.81	-0.52	0.42	0.9	0.75	0.78	0.6		0.61	-0.15	0.74	0.38	-0.92	0.78	-0.18	0.74	-0.02	0.65
Total Liab	0.86	0.89	-0.59	-0.22	0.6	-0.74	0.66	0.83	0.8	-0.87	0.83	0.69	0.76	0.71	0.76	0.61		-0.21	0.86	0.9	-0.83	0.82	-0.24	0.7	0.63	0.09
Property Plant And Equipment Gross	-0.17	-0.12	0.09	0.97	-0.33	0.31	-0.29	-0.07	-0.17	0.07	-0.07	-0.32	-0.38	-0.23	-0.23	-0.15	-0.21		-0.15	-0.28	0.24	-0.11	0.81	-0.35	-0.33	-0.25
Total Current Assets	0.71	0.8	-0.46	-0.22	0.37	-0.91	0.57	0.9	0.62	-0.7	0.9	0.84	0.68	0.51	0.95	0.74	0.86	-0.15		0.82	-0.91	0.65	-0.1	0.55	0.26	0.09
Common Stock	0.66	0.88	-0.7	-0.27	0.48	-0.68	0.45	0.87	0.57	-0.64	0.87	0.6	0.71	0.5	0.84	0.38	0.9	-0.28	0.82		-0.7	0.5	-0.23	0.6	0.72	-0.05
Net Tangible Assets	-0.88	-0.61	0.15	0.31	-0.65	0.97	-0.79	-0.68	-0.83	0.68	-0.68	-0.94	-0.84	-0.78	-0.81	-0.92	-0.83	0.24	-0.91	-0.7		-0.8	0.19	-0.78	-0.25	-0.45
Common Stock Shares Outstanding	0.91	0.58	-0.17	-0.12	0.65	-0.65	0.86	0.5	0.9	-0.89	0.5	0.69	0.66	0.83	0.45	0.78	0.82	-0.11	0.65	0.5	-0.8		-0.15	0.7	0.32	0.36
Property Plant Equipment	-0.25	-0.04	0.03	0.84	-0.44	0.25	-0.14	-0.01	-0.27	0.01	-0.01	-0.19	-0.45	-0.35	-0.14	-0.18	-0.24	0.81	-0.1	-0.23	0.19	-0.15		-0.44	-0.4	-0.35
Short Long Term Debt Total	0.9	0.31	0.08	-0.35	0.97	-0.74	0.75	0.3	0.92	-0.45	0.3	0.75	0.97	0.95	0.48	0.74	0.7	-0.35	0.55	0.6	-0.78	0.7	-0.44		0.59	0.74
Current Deferred Revenue	0.48	0.53	-0.52	-0.23	0.6	-0.18	0.26	0.35	0.48	-0.4	0.35	0.16	0.6	0.49	0.29	-0.02	0.63	-0.33	0.26	0.72	-0.25	0.32	-0.4	0.59		0.05
Net Invested Capital	0.52	-0.36	0.72	-0.28	0.77	-0.46	0.53	-0.3	0.6	0.08	-0.3	0.53	0.65	0.71	0.02	0.65	0.09	-0.25	0.09	-0.05	-0.45	0.36	-0.35	0.74	0.05

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Reliance Global Account Relationship Matchups

Reliance Global fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	4.7M	6.9M	45.0M	7.8M	3.2M	3.0M
Retained Earnings	(8.8M)	(12.5M)	(33.5M)	(27.0M)	(39.0M)	(37.1M)
Accounts Payable	102.1K	980.9K	547.1K	1.2M	635.3K	352.8K
Net Receivables	123.1K	862.6K	1.0M	1.1M	1.3M	1.4M
Other Current Assets	32.3K	528.2K	2.8M	249.3K	1.7M	1.8M
Total Current Assets	647.0K	810.1K	8.0M	3.3M	4.4M	4.6M
Common Stock	352.7K	363.5K	940.8K	104.9K	409.5K	257.5K
Other Current Liab	59.5K	225.1K	43.2M	4.9M	367.4K	349.1K
Net Tangible Assets	(2.7M)	(14.6M)	(14.9M)	(43.2M)	(38.9M)	(36.9M)
Other Assets	2.0K	1.8M	16.8K	1.0	1.15	1.09
Property Plant Equipment	57.2K	1.2M	809.5K	1.2M	1.1M	738.2K

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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:

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

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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.

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Reliance Net Borrowings vs Free Cash Flow Analysis

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Net Borrowings

Free Cash Flow

Reliance Global fundamental ratios Correlations

Reliance Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Reliance Global fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.98	Non Current Assets Total
Property Plant And Equipment Gross	+ 0.97	Property Plant And Equipment Net
Short Long Term Debt Total	+ 0.97	Net Debt
Net Tangible Assets	+ 0.97	Retained Earnings

Net Receivables	- 0.96	Retained Earnings
Net Tangible Assets	- 0.94	Net Receivables
Net Tangible Assets	- 0.92	Other Stockholder Equity
Net Tangible Assets	- 0.91	Total Current Assets
Total Current Assets	- 0.91	Retained Earnings
Other Stockholder Equity	- 0.9	Retained Earnings