Reliance Depreciation And Amortization from 2010 to 2024

RELIW Stock  USD 0.03  0.02  35.90%   
Reliance Global Depreciation And Amortization yearly trend continues to be fairly stable with very little volatility. Depreciation And Amortization will likely drop to about 2.5 M in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2012-12-31
Previous Quarter
469.8 K
Current Value
421.8 K
Quarterly Volatility
2.8 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 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Latest Reliance Global's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Reliance Global Group over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Reliance Global's Depreciation And Amortization 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.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Reliance Depreciation And Amortization Regression Statistics

Arithmetic Mean3,370,532
Geometric Mean754,441
Coefficient Of Variation237.04
Mean Deviation4,623,781
Median339,189
Standard Deviation7,989,598
Sample Variance63.8T
Range30.3M
R-Value0.37
Mean Square Error59.5T
R-Squared0.13
Significance0.18
Slope654,569
Total Sum of Squares893.7T

Reliance Depreciation And Amortization History

20242.5 M
20232.6 M
2022228.5 K
202130.5 M
202010.9 M
2018728 K
2017324.2 K

About Reliance Global Financial Statements

Reliance Global investors use historical fundamental indicators, such as Reliance Global's Depreciation And Amortization, 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
Depreciation And Amortization2.6 M2.5 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.