Reliance Income Tax Expense from 2010 to 2024

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Reliance Global Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, Reliance Global Income Tax Expense regression line of quarterly data had mean square error of 117.4 T and geometric mean of  276,070. View All Fundamentals
 
Income Tax Expense  
First Reported
2014-03-31
Previous Quarter
418.7 K
Current Value
-5 M
Quarterly Volatility
5.7 M
 
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.
  
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Latest Reliance Global's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Reliance Global Group over the last few years. It is Reliance Global's Income Tax Expense 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 Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Reliance Income Tax Expense Regression Statistics

Arithmetic Mean(4,214,147)
Geometric Mean276,070
Coefficient Of Variation(288.38)
Mean Deviation8,660,301
Median(6,197)
Standard Deviation12,152,811
Sample Variance147.7T
Range45.8M
R-Value(0.51)
Mean Square Error117.4T
R-Squared0.26
Significance0.05
Slope(1,390,369)
Total Sum of Squares2067.7T

Reliance Income Tax Expense History

2024-24.1 M
2023-25.3 M
2022-28.2 M
202117.7 M
2020-508.7 K
2018391.6 K

About Reliance Global Financial Statements

Reliance Global investors use historical fundamental indicators, such as Reliance Global's Income Tax Expense, 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 Tax Expense-25.3 M-24.1 M

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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.