Reliance Global Financials

RELI Stock  USD 1.71  0.08  4.47%   
Reliance Global Group is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in March. As of now, Reliance Global's Net Debt is increasing as compared to previous years. The Reliance Global's current Accounts Payable is estimated to increase to about 767.2 K, while Total Assets are projected to decrease to under 14.3 M. Key indicators impacting Reliance Global's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.51.58
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Reliance Global includes many different criteria found on its balance sheet. An individual investor should monitor Reliance Global's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Reliance Global.

Net Income

(10.27 Million)

  

Reliance Global Stock Summary

Reliance Global competes with Huize Holding, Selectquote, EHealth, GoHealth, and Tian Ruixiang. Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey. Reliance Global operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange.
Foreign Associate
  Indonesia
Specialization
Financial Services, Insurance Brokers
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS75946W2070
CUSIP75946W207 75946W306 75946W405 75946W108
LocationNew Jersey; U.S.A
Business Address300 Boulevard of
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.relianceglobalgroup.com
Phone732 380 4600
CurrencyUSD - US Dollar

Reliance Global Key Financial Ratios

Reliance Global Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets17.9M27.7M38.4M23.0M26.5M14.3M
Net Debt13.9M5.3M15.9M13.2M15.2M16.0M
Retained Earnings(12.5M)(33.5M)(27.0M)(39.0M)(35.1M)(33.3M)
Accounts Payable980.9K547.1K1.2M635.3K730.6K767.2K
Cash45.2K4.1M505.4K1.3M1.5M1.6M
Net Receivables862.6K1.0M1.1M1.3M1.5M1.6M
Other Current Assets528.2K2.8M249.3K1.7M2.0M2.1M
Total Liab17.8M53.7M29.5M15.9M18.2M14.9M
Total Current Assets810.1K8.0M3.3M4.4M5.0M5.3M
Common Stock363.5K940.8K104.9K409.5K470.9K257.5K
Other Current Liab225.1K43.2M4.9M367.4K422.5K401.4K
Net Tangible Assets(2.7M)(14.6M)(14.9M)(43.2M)(38.9M)(36.9M)
Other Assets2.0K1.8M16.8K1.01.151.09
Long Term Debt8.0M7.4M14.0M11.9M13.7M14.4M
Good Will9.3M10.1M19.1M6.7M7.7M6.6M
Short Long Term Debt5.5M913.9K1.1M1.8M2.1M1.7M
Short Term Debt5.7M1.2M1.6M2.2M2.5M1.9M
Intangible Assets5.7M7.1M13.8M11.0M12.7M13.3M
Net Invested Capital13.6M(17.7M)24.0M20.9M24.1M25.3M
Net Working Capital(6.1M)(37.0M)(4.5M)1.2M1.1M1.1M

Reliance Global Key Income Statement Accounts

202020212022202320242025 (projected)
Total Revenue7.3M9.7M16.8M13.7M15.8M16.6M
Gross Profit2.1M2.6M4.8M2.5M2.9M1.6M
Operating Income(3.6M)14.7M(7.3M)(13.9M)(12.5M)(11.9M)
Ebit(13.2M)(31.8M)(7.3M)(8.4M)(7.5M)(7.9M)
Ebitda(2.3M)(1.3M)(19.2M)(5.8M)(5.2M)(5.4M)
Cost Of Revenue5.2M7.1M12.0M11.2M12.9M13.6M
Income Before Tax(3.7M)(21.1M)6.5M(10.0M)(9.0M)(8.6M)
Net Income(3.2M)(38.8M)34.6M(12.0M)(10.8M)(10.3M)

Reliance Global Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash38.0K4.1M(2.7M)829.1K953.5K1.0M
Net Borrowings1.4M10.3M1.3M(1.4M)(1.6M)(1.5M)
Free Cash Flow(468.5K)(2.9M)(4.1M)(1.0M)(934.0K)(980.7K)
Depreciation1.3M1.6M2.8M2.6M3.0M3.2M
Other Non Cash Items23.3K(329.3K)(14.6M)8.0M7.2M7.6M
Capital Expenditures71.1K690.8K953.6K189.8K218.3K284.7K
Net Income(3.7M)(21.1M)6.5M(12.0M)(10.8M)(10.3M)
End Period Cash Flow529.6K4.6M1.9M2.7M3.1M3.3M
Change To Netincome855.2K2.5M962.8K18.0M20.8M21.8M

Reliance Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Reliance Global's current stock value. Our valuation model uses many indicators to compare Reliance Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reliance Global competition to find correlations between indicators driving Reliance Global's intrinsic value. More Info.
Reliance Global Group is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . As of now, Reliance Global's Return On Equity is decreasing as compared to previous years. 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 Global's earnings, one of the primary drivers of an investment's value.

Reliance Global Group Systematic Risk

Reliance Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Reliance Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on Reliance Global Group correlated with the market. If Beta is less than 0 Reliance Global generally moves in the opposite direction as compared to the market. If Reliance Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Reliance Global Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Reliance Global is generally in the same direction as the market. If Beta > 1 Reliance Global moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Reliance Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Reliance Global's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Reliance Global growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0179

As of now, Reliance Global's Price Earnings To Growth Ratio is increasing as compared to previous years.

Reliance Global February 16, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Reliance Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Reliance Global Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Reliance Global Group based on widely used predictive technical indicators. In general, we focus on analyzing Reliance Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Reliance Global's daily price indicators and compare them against related drivers.

Complementary 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.
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