Reliance Income Quality from 2010 to 2024

RELIW Stock  USD 0.04  0.00  0.00%   
Reliance Global Income Quality yearly trend continues to be fairly stable with very little volatility. Income Quality is likely to outpace its year average in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
0.07060543
Current Value
0.0741
Quarterly Volatility
0.29374422
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reliance Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 1.6 M or Selling General Administrative of 2.7 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.22 or PTB Ratio of 3.42. Reliance financial statements analysis is a perfect complement when working with Reliance Global Valuation or Volatility modules.
  
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.

Latest Reliance Global's Income Quality Growth Pattern

Below is the plot of the Income Quality of Reliance Global Group over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Reliance Global's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reliance Global's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Slightly volatile
   Income Quality   
       Timeline  

Reliance Income Quality Regression Statistics

Arithmetic Mean(0.01)
Coefficient Of Variation(3,677)
Mean Deviation0.22
Median0.11
Standard Deviation0.29
Sample Variance0.09
Range0.8235
R-Value(0.33)
Mean Square Error0.08
R-Squared0.11
Significance0.22
Slope(0.02)
Total Sum of Squares1.21

Reliance Income Quality History

2024 0.0741
2023 0.0706
2022 -0.49
2020 0.13
2019 0.11
2017 -0.6
2016 0.0545

About Reliance Global Financial Statements

Reliance Global investors use historical fundamental indicators, such as Reliance Global's Income Quality, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Reliance Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Quality 0.07  0.07 

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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.