Reliance Property Plant Equipment vs Non Currrent Assets Other Analysis

RHFL Stock   3.35  0.01  0.30%   
Reliance Home financial indicator trend analysis is much more than just breaking down Reliance Home Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reliance Home Finance is a good investment. Please check the relationship between Reliance Home Property Plant Equipment and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Home Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant Equipment vs Non Currrent Assets Other

Property Plant Equipment vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reliance Home Finance Property Plant Equipment account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Reliance Home's Property Plant Equipment and Non Currrent Assets Other is 0.5. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Reliance Home Finance, assuming nothing else is changed. The correlation between historical values of Reliance Home's Property Plant Equipment and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Reliance Home Finance are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant Equipment i.e., Reliance Home's Property Plant Equipment and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Reliance Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reliance Home Finance 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 Home Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 290.5 M in 2025, whereas Tax Provision is likely to drop 0.00 in 2025.

Reliance Home fundamental ratios Correlations

0.21-0.08-0.140.30.130.90.970.220.570.290.38-0.360.860.760.90.990.940.870.40.220.930.250.85-0.420.09
0.210.220.92-0.830.12-0.19-0.04-0.16-0.040.260.060.0-0.15-0.410.080.160.190.36-0.75-0.090.35-0.840.2-0.28-0.15
-0.080.220.33-0.130.24-0.12-0.14-0.79-0.540.50.28-0.56-0.32-0.270.02-0.190.00.08-0.06-0.220.01-0.21-0.240.3-0.68
-0.140.920.33-0.910.07-0.5-0.38-0.33-0.30.21-0.10.06-0.51-0.68-0.21-0.19-0.120.05-0.85-0.190.04-0.96-0.12-0.09-0.26
0.3-0.83-0.13-0.91-0.040.650.520.130.2-0.110.19-0.260.540.760.450.310.320.070.970.230.130.920.170.140.08
0.130.120.240.07-0.040.150.1-0.15-0.090.280.16-0.30.070.08-0.020.110.190.22-0.06-0.40.09-0.03-0.010.01-0.23
0.9-0.19-0.12-0.50.650.150.970.240.540.180.37-0.40.910.960.860.90.880.730.710.270.730.570.71-0.180.06
0.97-0.04-0.14-0.380.520.10.970.270.590.230.37-0.370.910.880.90.970.920.80.60.250.860.470.82-0.360.13
0.22-0.16-0.79-0.330.13-0.150.240.270.82-0.38-0.430.730.410.350.130.290.090.10.080.560.070.20.32-0.350.88
0.57-0.04-0.54-0.30.2-0.090.540.590.82-0.08-0.030.40.660.540.480.610.480.50.250.580.460.270.54-0.370.68
0.290.260.50.21-0.110.280.180.23-0.38-0.080.27-0.410.05-0.010.120.250.190.30.11-0.170.4-0.070.38-0.11-0.51
0.380.060.28-0.10.190.160.370.37-0.43-0.030.27-0.660.390.280.360.360.420.370.24-0.240.40.260.26-0.07-0.41
-0.360.0-0.560.06-0.26-0.3-0.4-0.370.730.4-0.41-0.66-0.22-0.28-0.32-0.33-0.49-0.44-0.320.54-0.42-0.23-0.14-0.010.65
0.86-0.15-0.32-0.510.540.070.910.910.410.660.050.39-0.220.890.790.880.80.690.580.290.70.60.74-0.30.24
0.76-0.41-0.27-0.680.760.080.960.880.350.54-0.010.28-0.280.890.750.780.730.550.780.330.540.70.62-0.070.14
0.90.080.02-0.210.45-0.020.860.90.130.480.120.36-0.320.790.750.870.880.720.510.350.820.320.71-0.210.05
0.990.16-0.19-0.190.310.110.90.970.290.610.250.36-0.330.880.780.870.920.870.410.190.930.290.87-0.480.16
0.940.190.0-0.120.320.190.880.920.090.480.190.42-0.490.80.730.880.920.920.390.090.890.250.64-0.360.05
0.870.360.080.050.070.220.730.80.10.50.30.37-0.440.690.550.720.870.920.170.00.870.080.61-0.480.08
0.4-0.75-0.06-0.850.97-0.060.710.60.080.250.110.24-0.320.580.780.510.410.390.170.270.260.890.310.1-0.01
0.22-0.09-0.22-0.190.23-0.40.270.250.560.58-0.17-0.240.540.290.330.350.190.090.00.270.030.110.270.140.37
0.930.350.010.040.130.090.730.860.070.460.40.4-0.420.70.540.820.930.890.870.260.030.120.81-0.580.06
0.25-0.84-0.21-0.960.92-0.030.570.470.20.27-0.070.26-0.230.60.70.320.290.250.080.890.110.120.170.00.17
0.850.2-0.24-0.120.17-0.010.710.820.320.540.380.26-0.140.740.620.710.870.640.610.310.270.810.17-0.450.09
-0.42-0.280.3-0.090.140.01-0.18-0.36-0.35-0.37-0.11-0.07-0.01-0.3-0.07-0.21-0.48-0.36-0.480.10.14-0.580.0-0.45-0.55
0.09-0.15-0.68-0.260.08-0.230.060.130.880.68-0.51-0.410.650.240.140.050.160.050.08-0.010.370.060.170.09-0.55
Click cells to compare fundamentals

Reliance Home Account Relationship Matchups

Reliance Home fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets149.0B101.4B348.5M298.2M343.0M325.8M
Total Stockholder Equity(529.6M)(54.9B)(738.3M)(771.8M)(694.6M)(659.9M)
Other Liab15.2M14.8M14M4.5M4.1M3.8M
Retained Earnings(17.9B)(72.3B)(13.7B)(771.8M)(694.6M)(729.4M)
Cash9.7B26.3B175.4M4.6M5.3M5.0M
Other Assets12.5B(100K)(173.1M)298.2M343.0M325.8M
Long Term Debt129.8B127.1B869.9M914.1M1.1B998.7M
Total Liab149.5B156.4B1.1B1.1B1.2B1.2B
Property Plant Equipment448.4M430.1M422.9M359.7M413.7M218.1M
Short Term Investments5.8M927.9M647.6M116.9M105.2M100.0M
Intangible Assets26.2M20.6M12.6M75.2M86.5M90.8M
Short Long Term Debt Total178.3B179.2B99.3B914.1M1.1B998.7M
Total Current Liabilities96.1B112.7B9.5M4.2M4.8M4.6M
Net Debt120.0B92.9B694.5M909.5M1.0B993.7M
Non Current Assets Total125.7B69.5B173.1M21.1M19.0M18.0M
Non Currrent Assets Other101.4B33.5B(175.4M)21.1M19.0M18.0M
Cash And Short Term Investments10.7B26.3B175.4M121.5M139.8M132.8M
Liabilities And Stockholders Equity149.0B101.4B348.5M298.2M343.0M325.8M
Non Current Liabilities Total53.4B43.6B1.1B1.1B959.3M911.3M
Other Stockholder Equity24.5B78.9B20.3B(5.6B)(6.5B)(6.1B)
Total Current Assets23.3B31.9B348.5M277.2M318.7M302.8M
Accumulated Other Comprehensive Income5.9B5.9B1.5B(771.8M)(887.6M)(843.2M)
Other Current Liab(229.7M)8.4M(9.5M)4.2M3.8M4.0M
Other Current Assets1.2B661.8M(175.4M)155.6M140.1M133.1M
Short Term Debt76.4B82.2B9.5M914.1M1.1B998.7M
Long Term Debt Total101.1B102.0B96.9B99.2B114.1B88.9B
Net Tangible Assets12.5B(2.6B)(54.9B)(738.3M)(664.5M)(631.2M)
Inventory82.5B53.2B10.0B4.1B4.8B4.5B
Short Long Term Debt64.8B76.4B83.5B9.5M10.9M10.4M
Net Invested Capital129.2B72.2B131.6M142.3M128.1M121.7M

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