Reliance Begin Period Cash Flow vs Price Cash Flow Ratio Analysis

RELIW Stock  USD 0.04  0.00  0.00%   
Reliance Global financial indicator trend analysis is much more than just breaking down Reliance Global Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reliance Global Group is a good investment. Please check the relationship between Reliance Global Begin Period Cash Flow and its Price Cash Flow Ratio accounts. 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 gross domestic product.

Begin Period Cash Flow vs Price Cash Flow Ratio

Begin Period Cash Flow vs Price Cash Flow Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reliance Global Group Begin Period Cash Flow account and Price Cash Flow Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Reliance Global's Begin Period Cash Flow and Price Cash Flow Ratio is 0.39. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Price Cash Flow Ratio in the same time period over historical financial statements of Reliance Global Group, assuming nothing else is changed. The correlation between historical values of Reliance Global's Begin Period Cash Flow and Price Cash Flow Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Reliance Global Group are associated (or correlated) with its Price Cash Flow Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price Cash Flow Ratio has no effect on the direction of Begin Period Cash Flow i.e., Reliance Global's Begin Period Cash Flow and Price Cash Flow Ratio go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Price Cash Flow Ratio

Most indicators from Reliance Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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, 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 gross domestic product.
Selling General Administrative is likely to drop to about 2.7 M in 2024. Issuance Of Capital Stock is likely to drop to about 3.3 M in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses5.5M12.1M16.4M17.2M
Cost Of Revenue7.1M12.0M11.2M11.8M

Reliance Global fundamental ratios Correlations

0.58-0.12-0.180.75-0.80.90.570.93-0.790.570.820.780.880.580.840.87-0.150.750.630.910.910.430.340.450.34
0.58-0.87-0.120.19-0.530.390.940.45-0.830.910.460.420.320.760.30.9-0.120.80.880.580.370.970.53-0.360.07
-0.12-0.870.070.150.10.04-0.77-0.020.55-0.71-0.01-0.050.09-0.490.2-0.590.1-0.46-0.7-0.170.07-0.9-0.530.710.03
-0.18-0.120.07-0.320.38-0.26-0.12-0.20.05-0.15-0.35-0.39-0.26-0.27-0.24-0.210.97-0.22-0.27-0.12-0.340.0-0.23-0.28-0.35
0.750.190.15-0.32-0.590.750.150.9-0.390.160.630.890.950.290.640.52-0.330.370.480.650.86-0.020.60.770.81
-0.8-0.530.10.38-0.59-0.7-0.67-0.720.52-0.73-0.96-0.83-0.68-0.87-0.9-0.750.31-0.91-0.68-0.65-0.8-0.4-0.18-0.46-0.23
0.90.390.04-0.260.75-0.70.360.87-0.720.360.820.720.840.450.790.7-0.30.570.450.870.860.220.280.550.42
0.570.94-0.77-0.120.15-0.670.360.41-0.720.990.570.440.290.890.420.86-0.070.90.870.50.370.930.35-0.3-0.05
0.930.45-0.02-0.20.9-0.720.870.41-0.70.410.750.860.980.450.810.76-0.170.620.570.90.880.280.480.60.54
-0.79-0.830.550.05-0.390.52-0.72-0.72-0.7-0.68-0.55-0.45-0.57-0.53-0.52-0.90.07-0.7-0.64-0.88-0.53-0.77-0.390.08-0.1
0.570.91-0.71-0.150.16-0.730.360.990.41-0.680.640.50.290.940.480.85-0.10.940.860.50.390.890.32-0.23-0.04
0.820.46-0.01-0.350.63-0.960.820.570.75-0.550.640.830.70.80.910.72-0.330.840.610.70.840.310.180.540.31
0.780.42-0.05-0.390.89-0.830.720.440.86-0.450.50.830.870.650.750.7-0.380.680.710.660.880.230.60.650.71
0.880.320.09-0.260.95-0.680.840.290.98-0.570.290.70.870.360.780.66-0.230.510.50.830.880.140.490.710.62
0.580.76-0.49-0.270.29-0.870.450.890.45-0.530.940.80.650.360.60.78-0.230.950.840.450.530.690.290.020.11
0.840.30.2-0.240.64-0.90.790.420.81-0.520.480.910.750.780.60.62-0.150.740.380.780.790.18-0.020.650.15
0.870.9-0.59-0.210.52-0.750.70.860.76-0.90.850.720.70.660.780.62-0.20.880.870.820.720.80.530.040.26
-0.15-0.120.10.97-0.330.31-0.3-0.07-0.170.07-0.1-0.33-0.38-0.23-0.23-0.15-0.2-0.15-0.28-0.11-0.340.02-0.33-0.25-0.46
0.750.8-0.46-0.220.37-0.910.570.90.62-0.70.940.840.680.510.950.740.88-0.150.820.650.630.740.260.090.06
0.630.88-0.7-0.270.48-0.680.450.870.57-0.640.860.610.710.50.840.380.87-0.280.820.50.580.770.72-0.050.43
0.910.58-0.17-0.120.65-0.650.870.50.9-0.880.50.70.660.830.450.780.82-0.110.650.50.740.460.320.360.26
0.910.370.07-0.340.86-0.80.860.370.88-0.530.390.840.880.880.530.790.72-0.340.630.580.740.160.420.670.59
0.430.97-0.90.0-0.02-0.40.220.930.28-0.770.890.310.230.140.690.180.80.020.740.770.460.160.39-0.54-0.14
0.340.53-0.53-0.230.6-0.180.280.350.48-0.390.320.180.60.490.29-0.020.53-0.330.260.720.320.420.390.050.81
0.45-0.360.71-0.280.77-0.460.55-0.30.60.08-0.230.540.650.710.020.650.04-0.250.09-0.050.360.67-0.540.050.55
0.340.070.03-0.350.81-0.230.42-0.050.54-0.1-0.040.310.710.620.110.150.26-0.460.060.430.260.59-0.140.810.55
Click cells to compare fundamentals

Reliance Global Account Relationship Matchups

Reliance Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.0M17.9M27.7M38.4M23.0M13.3M
Total Current Liabilities4.7M6.9M45.0M7.8M3.2M3.0M
Total Stockholder Equity642.3K114.4K(26.1M)8.9M7.1M7.5M
Retained Earnings(8.8M)(12.5M)(33.5M)(27.0M)(39.0M)(37.1M)
Cash And Short Term Investments6.7K45.2K4.1M505.4K1.3M1.4M
Other Current Assets32.3K528.2K2.8M249.3K1.7M1.8M
Total Liab16.4M17.8M53.7M29.5M15.9M13.8M
Total Current Assets647.0K810.1K8.0M3.3M4.4M4.6M
Common Stock352.7K363.5K940.8K104.9K409.5K257.5K
Short Long Term Debt Total13.3M14.0M9.4M16.4M14.5M10.9M
Short Term Debt4.5M5.7M1.2M1.6M2.2M2.6M
Long Term Debt8.4M8.0M7.4M14.0M11.9M9.4M
Good Will8.5M9.3M10.1M19.1M6.7M10.2M
Intangible Assets6.6M5.7M7.1M13.8M11.0M8.2M

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