Reliance Historical Cash Flow
| RELIW Stock | USD 0.04 0.01 21.84% |
Analysis of Reliance Global cash flow over time is an excellent tool to project Reliance Global Group future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Non Cash Items of 8.4 M or Capital Expenditures of 270.6 K as it is a great indicator of Reliance Global ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Reliance Global Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Reliance Global Group is a good buy for the upcoming year.
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About Reliance Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Reliance balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Reliance's non-liquid assets can be easily converted into cash.
Reliance Global Cash Flow Chart
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Most accounts from Reliance Global's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Reliance Global Group current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Reliance Global's Change In Cash is fairly stable compared to the past year. Begin Period Cash Flow is likely to climb to about 2 M in 2024, despite the fact that Change In Working Capital is likely to grow to (300.8 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Issuance Of Capital Stock | 10.5M | 17.9M | 3.5M | 3.3M | Stock Based Compensation | 749.1K | 1.2M | 875.1K | 862.8K |
Reliance Global cash flow statement Correlations
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Reliance Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Reliance Global cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 390.4K | 38.0K | 4.1M | (2.7M) | 829.1K | 870.6K | |
| Change In Working Capital | (90.3K) | 919.6K | (834.7K) | 904.9K | (316.7K) | (300.8K) | |
| Begin Period Cash Flow | 101.2K | 491.6K | 529.6K | 4.6M | 1.9M | 2.0M | |
| Other Cashflows From Financing Activities | 10.3M | 2.6M | (452.2K) | 8.6M | 4.0M | 3.5M | |
| Depreciation | 728.0K | 1.3M | 1.6M | 2.8M | 2.6M | 2.7M | |
| Total Cash From Operating Activities | (373.9K) | (468.5K) | (2.3M) | (3.2M) | (848.0K) | (890.4K) | |
| Net Income | (3.5M) | (3.7M) | (21.1M) | 6.5M | (12.0M) | (11.4M) | |
| Total Cash From Financing Activities | 12.6M | 2.5M | 8.6M | 25.1M | 966.9K | 918.6K | |
| End Period Cash Flow | 491.6K | 529.6K | 4.6M | 1.9M | 2.7M | 2.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional 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.