Reliance Financial Statements From 2010 to 2026
| RLLWF Stock | USD 2.45 0.00 0.00% |
Check Reliance Worldwide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Worldwide's main balance sheet or income statement drivers, such as , as well as many indicators such as . Reliance financial statements analysis is a perfect complement when working with Reliance Worldwide Valuation or Volatility modules.
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Reliance Worldwide Company Return On Equity Analysis
Reliance Worldwide's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Reliance Worldwide Return On Equity | 0.12 |
Most of Reliance Worldwide's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reliance Worldwide is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Reliance Worldwide has a Return On Equity of 0.1183. This is 73.11% lower than that of the Industrials sector and significantly higher than that of the Building Products & Equipment industry. The return on equity for all United States stocks is 138.16% lower than that of the firm.
Reliance Worldwide Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reliance Worldwide's current stock value. Our valuation model uses many indicators to compare Reliance Worldwide value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reliance Worldwide competition to find correlations between indicators driving Reliance Worldwide's intrinsic value. More Info.Reliance Worldwide is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.60 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Reliance Worldwide is roughly 1.68 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Reliance Worldwide's earnings, one of the primary drivers of an investment's value.About Reliance Worldwide Financial Statements
Reliance Worldwide stakeholders use historical fundamental indicators, such as Reliance Worldwide's revenue or net income, to determine how well the company is positioned to perform in the future. Although Reliance Worldwide investors may analyze each financial statement separately, they are all interrelated. For example, changes in Reliance Worldwide's assets and liabilities are reflected in the revenues and expenses on Reliance Worldwide's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Reliance Worldwide. Please read more on our technical analysis and fundamental analysis pages.
Reliance Worldwide Corporation Limited, together with its subsidiaries, engages in the design, manufacture, and supply of water flow, control, and monitoring products and solutions for plumbing and heating industries. Reliance Worldwide Corporation Limited was founded in 1949 and is headquartered in Atlanta, Georgia. Reliance Worldwide is traded on OTC Exchange in the United States.
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Other Information on Investing in Reliance Pink Sheet
Reliance Worldwide financial ratios help investors to determine whether Reliance Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Reliance with respect to the benefits of owning Reliance Worldwide security.