Jonathan Fortman - Reliance Global Vice Acquisitions

RELI Stock  USD 1.60  0.31  24.03%   

Executive

Jonathan Fortman is Vice Acquisitions of Reliance Global Group
Address 300 Boulevard of the Americas, Lakewood, NJ, United States, 08701
Phone732 380 4600
Webhttps://www.relianceglobalgroup.com

Reliance Global Management Efficiency

The company has return on total asset (ROA) of (0.1095) % which means that it has lost $0.1095 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.9854) %, meaning that it created substantial loss on money invested by shareholders. Reliance Global's management efficiency ratios could be used to measure how well Reliance Global manages its routine affairs as well as how well it operates its assets and liabilities. The Reliance Global's current Return On Tangible Assets is estimated to increase to -2.16. The Reliance Global's current Return On Capital Employed is estimated to increase to -0.67. As of now, Reliance Global's Intangible Assets are increasing as compared to previous years. The Reliance Global's current Intangibles To Total Assets is estimated to increase to 0.90, while Total Assets are projected to decrease to under 14.3 M.
Reliance Global Group currently holds 14.54 M in liabilities with Debt to Equity (D/E) ratio of 0.6, which is about average as compared to similar companies. Reliance Global Group has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Reliance Global's use of debt, we should always consider it together with its cash and equity.

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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. Reliance Global Group (RELI) is traded on NASDAQ Exchange in USA. It is located in 300 Boulevard of the Americas, Lakewood, NJ, United States, 08701 and employs 67 people. Reliance Global is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Reliance Global Group Leadership Team

Elected by the shareholders, the Reliance Global's board of directors comprises two types of representatives: Reliance Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reliance. The board's role is to monitor Reliance Global's management team and ensure that shareholders' interests are well served. Reliance Global's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Reliance Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
Grant Barra, Senior Operations
Brandon Johnson, Property Lines
Mark Sisson, Chief Alliance
Joel CPA, Chief Officer
Yaakov Beyman, Executive Division
Jonathan Fortman, Vice Acquisitions
William Lebovics, Chief Officer
Michael Dobek, Head Network
Julie Blockey, Head Contracts
Miriam Spitz, Director Services
Rick Emig, Head Distribution
Ezra Beyman, CEO Chairman

Reliance Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Reliance Global a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Reliance Global Group is a strong investment it is important to analyze Reliance Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Global's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reliance Global. If investors know Reliance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reliance Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(78.45)
Revenue Per Share
23.34
Quarterly Revenue Growth
0.051
Return On Assets
(0.11)
Return On Equity
(1.99)
The market value of Reliance Global Group is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Global's value that differs from its market value or its book value, called intrinsic value, which is Reliance Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reliance Global's market value can be influenced by many factors that don't directly affect Reliance Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reliance Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.