Reliance Global Group Stock Shares Outstanding
RELIW Stock | USD 0.04 0.01 21.84% |
Reliance Global Group fundamentals help investors to digest information that contributes to Reliance Global's financial success or failures. It also enables traders to predict the movement of Reliance Stock. The fundamental analysis module provides a way to measure Reliance Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Reliance Global stock.
Common Stock Shares Outstanding is likely to climb to about 318.2 K in 2024. Reliance | Shares Outstanding |
Reliance Global Group Company Shares Outstanding Analysis
Reliance Global's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Reliance Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Reliance Global is extremely important. It helps to project a fair market value of Reliance Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Reliance Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Reliance Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Reliance Global's interrelated accounts and indicators.
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Reliance Shares Outstanding Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Reliance Global shares outstanding as a starting point in their analysis.
Reliance Global Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
CompetitionReliance Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Reliance Global Group has 0.0 of shares currently outstending. This indicator is about the same for the Insurance average (which is currently at 0.0) sector and about the same as Financials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Reliance Global Current Valuation Drivers
We derive many important indicators used in calculating different scores of Reliance Global from analyzing Reliance Global's financial statements. These drivers represent accounts that assess Reliance Global's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Reliance Global's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 1.4B | 638.9M | 1.1B | 158.6M | 25.7M | 24.5M | |
Enterprise Value | 1.4B | 652.8M | 1.1B | 174.4M | 39.0M | 37.0M |
Reliance Fundamentals
Return On Equity | -1.99 | ||||
Return On Asset | -0.11 | ||||
Profit Margin | (1.19) % | ||||
Operating Margin | (0.15) % | ||||
Number Of Shares Shorted | 11.08 K | ||||
Revenue | 13.73 M | ||||
EBITDA | (8.92 M) | ||||
Net Income | (12.01 M) | ||||
Cash And Equivalents | 13.28 K | ||||
Total Debt | 14.54 M | ||||
Current Ratio | 0.09 X | ||||
Book Value Per Share | 1.94 X | ||||
Cash Flow From Operations | (847.97 K) | ||||
Number Of Employees | 67 | ||||
Beta | 0.28 | ||||
Market Capitalization | 39.24 M | ||||
Total Asset | 23.02 M | ||||
Retained Earnings | (39 M) | ||||
Working Capital | 1.19 M | ||||
Net Asset | 23.02 M |
About Reliance Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reliance Global Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Global Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.