Reliant Financl Svc Stock Return On Asset
Reliant Financl Svc fundamentals help investors to digest information that contributes to Reliant Financl's financial success or failures. It also enables traders to predict the movement of Reliant Stock. The fundamental analysis module provides a way to measure Reliant Financl'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 Reliant Financl stock.
Return On Assets is likely to drop to -5.24 in 2024. Reliant | Return On Asset |
Reliant Financl Svc Company Return On Asset Analysis
Reliant Financl's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Reliant Financl Return On Asset | -0.82 |
Most of Reliant Financl's fundamental indicators, such as Return On Asset, 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, Reliant Financl Svc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Reliant Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Reliant Financl is extremely important. It helps to project a fair market value of Reliant Stock properly, considering its historical fundamentals such as Return On Asset. Since Reliant Financl'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 Reliant Financl'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 Reliant Financl's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Reliant Total Assets
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Based on the latest financial disclosure, Reliant Financl Svc has a Return On Asset of -0.8207. This is 74.62% higher than that of the Thrifts & Mortgage Finance sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is notably higher than that of the company.
Reliant Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reliant Financl's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reliant Financl could also be used in its relative valuation, which is a method of valuing Reliant Financl by comparing valuation metrics of similar companies.Reliant Financl is currently under evaluation in return on asset category among its peers.
Reliant Fundamentals
| Return On Equity | -7.71 | ||||
| Return On Asset | -0.82 | ||||
| Current Valuation | 1.25 K | ||||
| Shares Outstanding | 125.1 M | ||||
| Price To Earning | (0.01) X | ||||
| Price To Sales | 11.12 X | ||||
| Gross Profit | (253.81 K) | ||||
| Net Income | (7.73 M) | ||||
| Cash And Equivalents | 51.74 K | ||||
| Total Debt | 1.62 M | ||||
| Current Ratio | 0.06 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (1.96 M) | ||||
| Beta | -54.47 | ||||
| Market Capitalization | 1.25 K | ||||
| Total Asset | 790.63 K | ||||
| Retained Earnings | (8.67 M) | ||||
| Working Capital | (2.45 M) | ||||
| Current Asset | 164 K | ||||
| Current Liabilities | 2.61 M | ||||
| Net Asset | 790.63 K |
About Reliant Financl Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reliant Financl Svc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliant Financl using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliant Financl Svc 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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Additional Tools for Reliant Stock Analysis
When running Reliant Financl's price analysis, check to measure Reliant Financl'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 Reliant Financl is operating at the current time. Most of Reliant Financl's value examination focuses on studying past and present price action to predict the probability of Reliant Financl's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliant Financl's price. Additionally, you may evaluate how the addition of Reliant Financl to your portfolios can decrease your overall portfolio volatility.