Reliance Operating Income from 2010 to 2024

RELIW Stock  USD 0.04  0.01  21.84%   
Reliance Global Operating Income yearly trend continues to be fairly stable with very little volatility. Operating Income is likely to outpace its year average in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Reliance Global Group generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2012-12-31
Previous Quarter
-1.1 M
Current Value
-512 K
Quarterly Volatility
2.6 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 Operating Income Growth Pattern

Below is the plot of the Operating Income of Reliance Global Group over the last few years. Operating Income is the amount of profit realized from Reliance Global Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Reliance Global Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Reliance Global's Operating Income 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.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Reliance Operating Income Regression Statistics

Arithmetic Mean(2,086,645)
Geometric Mean1,493,489
Coefficient Of Variation(313.27)
Mean Deviation4,094,005
Median(759,780)
Standard Deviation6,536,787
Sample Variance42.7T
Range28.6M
R-Value(0.39)
Mean Square Error38.9T
R-Squared0.15
Significance0.15
Slope(573,054)
Total Sum of Squares598.2T

Reliance Operating Income History

2024-13.2 M
2023-13.9 M
2022-7.3 M
202114.7 M
2020-3.6 M
2019-3.1 M
2018-759.8 K

About Reliance Global Financial Statements

Reliance Global investors use historical fundamental indicators, such as Reliance Global's Operating Income, 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
Operating Income-13.9 M-13.2 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.