Reliance Capex To Depreciation from 2010 to 2024

RELIW Stock  USD 0.04  0.00  0.00%   
Reliance Global Capex To Depreciation yearly trend continues to be fairly stable with very little volatility. Capex To Depreciation will likely drop to 0.07 in 2024. Capex To Depreciation is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. View All Fundamentals
 
Capex To Depreciation  
First Reported
2010-12-31
Previous Quarter
0.07274707
Current Value
0.0691
Quarterly Volatility
0.28862357
 
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.
  
Check out the analysis of Reliance Global Correlation against competitors.

Latest Reliance Global's Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of Reliance Global Group over the last few years. It is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. Reliance Global's Capex To Depreciation 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.
Capex To Depreciation10 Years Trend
Pretty Stable
   Capex To Depreciation   
       Timeline  

Reliance Capex To Depreciation Regression Statistics

Arithmetic Mean0.36
Geometric Mean0.19
Coefficient Of Variation80.08
Mean Deviation0.26
Median0.43
Standard Deviation0.29
Sample Variance0.08
Range0.7438
R-Value0.19
Mean Square Error0.09
R-Squared0.03
Significance0.51
Slope0.01
Total Sum of Squares1.17

Reliance Capex To Depreciation History

2024 0.0691
2023 0.0727
2022 0.34
2020 0.43
2019 0.77
2014 0.64

About Reliance Global Financial Statements

Reliance Global investors use historical fundamental indicators, such as Reliance Global's Capex To Depreciation, 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
Capex To Depreciation 0.07  0.07 

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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.