Reliance Global Net Worth
Reliance Global Net Worth Breakdown | RELIW |
Reliance Global Net Worth Analysis
Reliance Global's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Reliance Global's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Reliance Global's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Reliance Global's net worth analysis. One common approach is to calculate Reliance Global's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Reliance Global's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Reliance Global's net worth. This approach calculates the present value of Reliance Global's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Reliance Global's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Reliance Global's net worth. This involves comparing Reliance Global's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Reliance Global's net worth relative to its peers.
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To determine if Reliance Global is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Reliance Global's net worth research are outlined below:
| Reliance Global is way too risky over 90 days horizon | |
| Reliance Global has some characteristics of a very speculative penny stock | |
| Reliance Global appears to be risky and price may revert if volatility continues | |
| The company has accumulated 14.65 M in total debt. Reliance Global Group has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Reliance Global until it has trouble settling it off, either with new capital or with free cash flow. So, Reliance Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Reliance Global Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Reliance to invest in growth at high rates of return. When we think about Reliance Global's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 13.73 M. Net Loss for the year was (10.03 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Reliance Global Group has accumulated about 13.28 K in cash with (847.97 K) of positive cash flow from operations. | |
| Reliance Global has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Reliance Global Group Risks Shareholder Equity Dilution with New Series G Warrant Issuance - TipRanks.com - TipRanks |
Reliance Global Quarterly Good Will |
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Follow Reliance Global's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 39.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reliance Global's market, we take the total number of its shares issued and multiply it by Reliance Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Reliance Global's profitablity
Reliance Global's profitability indicators refer to fundamental financial ratios that showcase Reliance Global's ability to generate income relative to its revenue or operating costs. If, let's say, Reliance Global is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Reliance Global's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Reliance Global's profitability requires more research than a typical breakdown of Reliance Global's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (2.27) | (2.39) | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | (0.52) | (0.55) | |
| Return On Equity | (1.68) | (1.76) |
When accessing Reliance Global's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Reliance Global's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Reliance Global's profitability and make more informed investment decisions.
The data published in Reliance Global's official financial statements usually reflect Reliance Global's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Reliance Global Group. For example, before you start analyzing numbers published by Reliance accountants, it's critical to develop an understanding of what Reliance Global's liquidity, profitability, and earnings quality are in the context of the Insurance space in which it operates.
Please note, the presentation of Reliance Global's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Reliance Global's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Reliance Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Reliance Global Group. Please utilize our Beneish M Score to check the likelihood of Reliance Global's management manipulating its earnings.
Evaluate Reliance Global's management efficiency
Reliance Global Group has return on total asset (ROA) of (0.124) % which means that it has lost $0.124 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (2.5701) %, meaning that it generated substantial loss on money invested by shareholders. Reliance Global's management efficiency ratios could be used to measure how well Reliance Global manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to 0.05 in 2024, whereas Return On Tangible Assets are likely to drop (2.39) in 2024. At this time, Reliance Global's Non Currrent Assets Other are fairly stable compared to the past year. Total Current Assets is likely to climb to about 4.6 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 12.4 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.53 | 2.41 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | (3.75) | (3.94) | |
| Enterprise Value Over EBITDA | 3.79 | 3.98 | |
| Price Book Value Ratio | 0.21 | 0.20 | |
| Enterprise Value Multiple | 3.79 | 3.98 | |
| Price Fair Value | 0.21 | 0.20 | |
| Enterprise Value | 13.4 M | 15.9 M |
The analysis of Reliance Global's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Reliance Global's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Reliance Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Revenue 13.9 M | Quarterly Revenue Growth 0.036 | Revenue Per Share 3.406 | Return On Equity (2.57) |
Reliance Global Earnings per Share Projection vs Actual
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Reliance Global Corporate Management
Elected by the shareholders, the Reliance Global's board of directors comprises two types of representatives: Reliance Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reliance. The board's role is to monitor Reliance Global's management team and ensure that shareholders' interests are well served. Reliance Global's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Reliance Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Grant Barra | Senior Operations | Profile | |
| Brandon Johnson | Property Lines | Profile | |
| Alex CPA | CFO Director | Profile | |
| Mark Sisson | Chief Alliance | Profile | |
| Joel CPA | Chief Officer | Profile | |
| Yaakov Beyman | Executive Division | Profile | |
| Jonathan Fortman | Vice Acquisitions | Profile |
How to buy Reliance Stock?
The net worth of Reliance Global Group is the difference between its total assets and liabilities. Reliance Global's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Reliance Global's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Reliance Global's net worth can be used as a measure of its financial health and stability which can help investors to decide if Reliance Global is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Reliance Global Group stock.Already Invested in Reliance Global Group?
The danger of trading Reliance Global Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Reliance Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Reliance Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Reliance Global Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary 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.
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Is Reliance Global's industry 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.
Revenue Per Share 3.406 | Quarterly Revenue Growth 0.036 | Return On Assets (0.12) | Return On Equity (2.57) |
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.