Reliance Interest Debt Per Share from 2010 to 2024

RELIW Stock  USD 0.03  0.02  35.90%   
Reliance Global Interest Debt Per Share yearly trend continues to be fairly stable with very little volatility. Interest Debt Per Share will likely drop to 5.22 in 2024. During the period from 2010 to 2024, Reliance Global Interest Debt Per Share regression line of quarterly data had mean square error of 241.6 M and geometric mean of  44.64. View All Fundamentals
 
Interest Debt Per Share  
First Reported
2010-12-31
Previous Quarter
5.48977281
Current Value
5.22
Quarterly Volatility
15 K
 
Credit Downgrade
 
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 2.5 M, Interest Expense of 1.6 M or Selling General Administrative of 2.7 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.22 or PTB Ratio of 3.42. Reliance financial statements analysis is a perfect complement when working with Reliance Global Valuation or Volatility modules.
  
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Latest Reliance Global's Interest Debt Per Share Growth Pattern

Below is the plot of the Interest Debt Per Share of Reliance Global Group over the last few years. It is Reliance Global's Interest Debt Per Share 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.
Interest Debt Per Share10 Years Trend
Very volatile
   Interest Debt Per Share   
       Timeline  

Reliance Interest Debt Per Share Regression Statistics

Arithmetic Mean5,701
Geometric Mean44.64
Coefficient Of Variation263.01
Mean Deviation9,848
Median15.68
Standard Deviation14,993
Sample Variance224.8M
Range42.6K
R-Value0.05
Mean Square Error241.6M
R-Squared0
Significance0.87
Slope152.24
Total Sum of Squares3.1B

Reliance Interest Debt Per Share History

2024 5.22
2023 5.49
2022 16.06
2021 12.41
2020 34.62
2019 66.53

About Reliance Global Financial Statements

Reliance Global investors use historical fundamental indicators, such as Reliance Global's Interest Debt Per Share, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Reliance Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Debt Per Share 5.49  5.22 

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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.