Reliance Other Current Liab from 2010 to 2025

RELI Stock  USD 1.47  0.04  2.65%   
Reliance Global's Other Current Liabilities is increasing with stable movements from year to year. Other Current Liabilities is predicted to flatten to about 330.3 K. For the period between 2010 and 2025, Reliance Global, Other Current Liabilities quarterly trend regression had mean deviation of  5,221,792 and range of 43.2 M. View All Fundamentals
 
Other Current Liabilities  
First Reported
2013-12-31
Previous Quarter
347.7 K
Current Value
K
Quarterly Volatility
8.1 M
 
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 Depreciation And Amortization of 1.7 M, Selling General Administrative of 2.6 M or Selling And Marketing Expenses of 553 K, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.22 or PTB Ratio of 0.82. Reliance financial statements analysis is a perfect complement when working with Reliance Global Valuation or Volatility modules.
  
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Check out the analysis of Reliance Global Correlation against competitors.

Latest Reliance Global's Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Reliance Global Group over the last few years. It is Reliance Global's Other Current Liabilities 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.
Other Current Liab10 Years Trend
Pretty Stable
   Other Current Liab   
       Timeline  

Reliance Other Current Liab Regression Statistics

Arithmetic Mean3,203,021
Geometric Mean0.00
Coefficient Of Variation335.62
Mean Deviation5,221,792
Median100,708
Standard Deviation10,749,890
Sample Variance115.6T
Range43.2M
R-Value0.23
Mean Square Error117T
R-Squared0.06
Significance0.38
Slope529,927
Total Sum of Squares1733.4T

Reliance Other Current Liab History

2025330.3 K
2024347.7 K
2023361.8 K
20224.9 M
202143.2 M
2020225.1 K
201959.5 K

About Reliance Global Financial Statements

Investors use fundamental indicators, such as Reliance Global's Other Current Liab, 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
Other Current Liabilities347.7 K330.3 K

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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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
4.66
Revenue Per Share
9.087
Quarterly Revenue Growth
0.038
Return On Assets
(0.15)
Return On Equity
(2.39)
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.