Reliance Industries Ltd Stock Total Asset

RIGD Stock   57.50  1.30  2.21%   
Reliance Industries Ltd fundamentals help investors to digest information that contributes to Reliance Industries' 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 Industries' 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 Industries stock.
Last ReportedProjected for Next Year
Total Assets17.6 T18.4 T
Total Assets is likely to gain to about 18.4 T in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Reliance Industries Ltd Company Total Asset Analysis

Reliance Industries' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Reliance Industries Total Asset

    
  17.56 T  
Most of Reliance Industries' fundamental indicators, such as Total 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, Reliance Industries Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Reliance Total Assets

Total Assets

18.44 Trillion

At this time, Reliance Industries' Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Reliance Industries Ltd has a Total Asset of 17.56 T. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The total asset for all United Kingdom stocks is significantly lower than that of the firm.

Reliance Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reliance Industries' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reliance Industries could also be used in its relative valuation, which is a method of valuing Reliance Industries by comparing valuation metrics of similar companies.
Reliance Industries is currently under evaluation in total asset category among its peers.

Reliance Fundamentals

About Reliance Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Reliance Industries Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Industries Ltd 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 Reliance Stock Analysis

When running Reliance Industries' price analysis, check to measure Reliance Industries' 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 Industries is operating at the current time. Most of Reliance Industries' value examination focuses on studying past and present price action to predict the probability of Reliance Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Industries' price. Additionally, you may evaluate how the addition of Reliance Industries to your portfolios can decrease your overall portfolio volatility.