Reliance Net Working Capital from 2010 to 2024

RELIW Stock  USD 0.04  0.01  21.84%   
Reliance Global Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, Reliance Global Net Working Capital regression line of quarterly data had r-squared of  0.06 and coefficient of variation of (206.00). View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
1.2 M
Current Value
1.2 M
Quarterly Volatility
9.2 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 Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Reliance Global Group over the last few years. It is Reliance Global's Net 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.
Net Working Capital10 Years Trend
Pretty Stable
   Net Working Capital   
       Timeline  

Reliance Net Working Capital Regression Statistics

Arithmetic Mean(4,468,132)
Coefficient Of Variation(206.00)
Mean Deviation4,559,766
Median(1,726,945)
Standard Deviation9,204,379
Sample Variance84.7T
Range38.2M
R-Value(0.24)
Mean Square Error86.1T
R-Squared0.06
Significance0.39
Slope(488,207)
Total Sum of Squares1186.1T

Reliance Net Working Capital History

20241.2 M
20231.2 M
2022-4.5 M
2021-37 M
2020-6.1 M
2018-4 M

About Reliance Global Financial Statements

Reliance Global investors use historical fundamental indicators, such as Reliance Global's Net 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
Net Working Capital1.2 M1.2 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.