Reliance Change In Working Capital from 2010 to 2024

RELIW Stock  USD 0.03  0.02  35.90%   
Reliance Global Change In Working Capital yearly trend continues to be fairly stable with very little volatility. Change In Working Capital is likely to outpace its year average in 2024. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2013-09-30
Previous Quarter
-87.4 K
Current Value
-419.7 K
Quarterly Volatility
244.1 K
 
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 Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Reliance Global Group over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Reliance Global's Change In Working Capital 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.
Change In Working Capital10 Years Trend
Very volatile
   Change In Working Capital   
       Timeline  

Reliance Change In Working Capital Regression Statistics

Arithmetic Mean16,871
Coefficient Of Variation2,567
Mean Deviation272,002
Median(65,421)
Standard Deviation433,062
Sample Variance187.5B
Range1.8M
R-Value0.05
Mean Square Error201.4B
R-Squared0
Significance0.85
Slope5,136
Total Sum of Squares2.6T

Reliance Change In Working Capital History

2024-300.8 K
2023-316.7 K
2022904.9 K
2021-834.7 K
2020919.6 K
2019-90.3 K
2018205.4 K

About Reliance Global Financial Statements

Reliance Global investors use historical fundamental indicators, such as Reliance Global's Change In Working Capital, 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
Change In Working Capital-316.7 K-300.8 K

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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.