Reliance Financial Statements From 2010 to 2026
| RELI Stock | USD 0.51 0.01 1.92% |
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 , as well as many indicators such as . Reliance financial statements analysis is a perfect complement when working with Reliance Global Valuation or Volatility modules.
Check out the analysis of Reliance Global Correlation against competitors. Reliance Global Group Company Return On Equity Analysis
Reliance Global's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Reliance Global Return On Equity | -1.46 |
Most of Reliance Global's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reliance Global Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Reliance Global Group has a Return On Equity of -1.4643. This is 200.99% lower than that of the Insurance sector and 108.92% lower than that of the Financials industry. The return on equity for all United States stocks is notably higher than that of the company.
Reliance Global Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reliance Global's current stock value. Our valuation model uses many indicators to compare Reliance Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reliance Global competition to find correlations between indicators driving Reliance Global's intrinsic value. More Info.Reliance Global Group is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Reliance Global's earnings, one of the primary drivers of an investment's value.About Reliance Global Financial Statements
Investors use fundamental indicators, such as Reliance Global's revenue or net income, 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.
Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey. Reliance Global operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange.
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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:Check out the analysis of Reliance Global Correlation against competitors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.
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.