Reliance Net Invested Capital from 2010 to 2024

RELIW Stock  USD 0.04  0.01  21.84%   
Reliance Global Net Invested Capital yearly trend continues to be fairly stable with very little volatility. Net Invested Capital is likely to outpace its year average in 2024. Net Invested Capital is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. View All Fundamentals
 
Net Invested Capital  
First Reported
2010-12-31
Previous Quarter
20.9 M
Current Value
22 M
Quarterly Volatility
11.9 M
 
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 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 Net Invested Capital Growth Pattern

Below is the plot of the Net Invested Capital of Reliance Global Group over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Reliance Global's Net Invested 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.
Net Invested Capital10 Years Trend
Slightly volatile
   Net Invested Capital   
       Timeline  

Reliance Net Invested Capital Regression Statistics

Arithmetic Mean5,193,559
Coefficient Of Variation228.25
Mean Deviation10,149,783
Median(1,458,528)
Standard Deviation11,854,293
Sample Variance140.5T
Range41.8M
R-Value0.61
Mean Square Error95.6T
R-Squared0.37
Significance0.02
Slope1,608,674
Total Sum of Squares1967.3T

Reliance Net Invested Capital History

202422 M
202320.9 M
202224 M
2021-17.7 M
202013.6 M
201813.4 M

About Reliance Global Financial Statements

Reliance Global investors use historical fundamental indicators, such as Reliance Global's Net Invested 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
Net Invested Capital20.9 M22 M

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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.