Reliance Total Current Liabilities from 2010 to 2025

RELI Stock  USD 1.15  0.01  0.88%   
Reliance Global's Total Current Liabilities is increasing with slightly volatile movements from year to year. Total Current Liabilities is estimated to finish at about 6.8 M this year. Total Current Liabilities is the total amount of liabilities that Reliance Global Group is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2013-06-30
Previous Quarter
3.6 M
Current Value
3.6 M
Quarterly Volatility
7.3 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 Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Reliance Global Group over the last few years. Total Current Liabilities is an item on Reliance Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Reliance Global Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Reliance Global's Total 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.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Reliance Total Current Liabilities Regression Statistics

Arithmetic Mean5,055,861
Geometric Mean149,169
Coefficient Of Variation217.75
Mean Deviation5,778,572
Median1,820,376
Standard Deviation11,009,141
Sample Variance121.2T
Range45M
R-Value0.39
Mean Square Error109.9T
R-Squared0.15
Significance0.13
Slope906,009
Total Sum of Squares1818T

Reliance Total Current Liabilities History

20256.8 M
20243.6 M
20233.2 M
20227.8 M
202145 M
20206.9 M
20194.7 M

About Reliance Global Financial Statements

Investors use fundamental indicators, such as Reliance Global's Total Current Liabilities, 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
Total Current Liabilities3.6 M6.8 M

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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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
(9.01)
Revenue Per Share
13.956
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.12)
Return On Equity
(1.79)
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.