Reliance Global Group Stock Z Score

RELIW Stock

USD 0.02 0.00 0.00%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. 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 Net Working Capital is fairly stable compared to the past year. Capital Stock is likely to climb to about 324.4 K in 2025, whereas Capital Surpluse is likely to drop slightly above 8.9 M in 2025. At this time, Reliance Global's Total Revenue is fairly stable compared to the past year. Gross Profit is likely to climb to about 14.8 M in 2025, whereas Interest Expense is likely to drop slightly above 1.5 M in 2025.

Reliance Global Group Company Z Score Analysis

Reliance Global's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Reliance Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Reliance Global is extremely important. It helps to project a fair market value of Reliance Stock properly, considering its historical fundamentals such as Z Score. Since Reliance Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Reliance Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Reliance Global's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Net Invested Capital	Short Long Term Debt	Net Working Capital	Short Term Debt	Long Term Debt	Good Will	Capital Surpluse	Intangible Assets	Property Plant Equipment	Capital Stock	Short Term Investments	Long Term Investments
Total Assets		-0.12	0.71	-0.72	0.83	0.77	0.86	0.77	0.62	0.31	0.48	0.35	-0.41	0.55	0.93	0.95	0.89	0.95	0.84	0.02	-0.13	-0.44
Total Stockholder Equity	-0.12		0.12	0.08	0.09	-0.02	-0.6	-0.49	-0.73	-0.53	0.69	0.02	0.94	0.05	0.12	-0.01	-0.12	0.08	-0.09	-0.92	-0.13	-0.33
Net Debt	0.71	0.12		-0.34	0.56	0.42	0.5	0.29	0.47	0.62	0.73	0.78	-0.12	0.7	0.69	0.67	0.59	0.71	0.66	-0.13	0.13	-0.19
Retained Earnings	-0.72	0.08	-0.34		-0.83	-0.97	-0.64	-0.87	-0.55	-0.06	-0.43	-0.24	0.19	-0.43	-0.83	-0.67	-0.86	-0.77	-0.76	0.02	0.66	0.88
Accounts Payable	0.83	0.09	0.56	-0.83		0.92	0.64	0.67	0.41	0.15	0.6	0.41	-0.13	0.61	0.89	0.87	0.89	0.84	0.75	-0.24	-0.5	-0.66
Net Receivables	0.77	-0.02	0.42	-0.97	0.92		0.65	0.83	0.53	0.08	0.49	0.31	-0.17	0.51	0.87	0.74	0.9	0.81	0.76	-0.07	-0.63	-0.84
Total Liab	0.86	-0.6	0.5	-0.64	0.64	0.65		0.88	0.87	0.51	0.04	0.27	-0.8	0.43	0.7	0.78	0.78	0.73	0.73	0.48	-0.09	-0.22
Total Current Assets	0.77	-0.49	0.29	-0.87	0.67	0.83	0.88		0.8	0.22	0.06	0.08	-0.63	0.26	0.71	0.65	0.79	0.71	0.67	0.41	-0.38	-0.57
Common Stock	0.62	-0.73	0.47	-0.55	0.41	0.53	0.87	0.8		0.71	-0.07	0.43	-0.81	0.47	0.49	0.46	0.64	0.51	0.64	0.71	-0.06	-0.17
Current Deferred Revenue	0.31	-0.53	0.62	-0.06	0.15	0.08	0.51	0.22	0.71		0.06	0.79	-0.57	0.62	0.18	0.26	0.31	0.18	0.45	0.47	0.18	0.27
Net Invested Capital	0.48	0.69	0.73	-0.43	0.6	0.49	0.04	0.06	-0.07	0.06		0.58	0.51	0.58	0.68	0.53	0.5	0.62	0.53	-0.71	-0.23	-0.57
Short Long Term Debt	0.35	0.02	0.78	-0.24	0.41	0.31	0.27	0.08	0.43	0.79	0.58		-0.03	0.87	0.42	0.36	0.46	0.34	0.59	-0.06	-0.09	-0.12
Net Working Capital	-0.41	0.94	-0.12	0.19	-0.13	-0.17	-0.8	-0.63	-0.81	-0.57	0.51	-0.03		-0.05	-0.12	-0.29	-0.31	-0.19	-0.26	-0.85	-0.19	-0.27
Short Term Debt	0.55	0.05	0.7	-0.43	0.61	0.51	0.43	0.26	0.47	0.62	0.58	0.87	-0.05		0.65	0.58	0.68	0.57	0.82	-0.08	-0.23	-0.29
Long Term Debt	0.93	0.12	0.69	-0.83	0.89	0.87	0.7	0.71	0.49	0.18	0.68	0.42	-0.12	0.65		0.91	0.92	0.98	0.91	-0.2	-0.37	-0.69
Good Will	0.95	-0.01	0.67	-0.67	0.87	0.74	0.78	0.65	0.46	0.26	0.53	0.36	-0.29	0.58	0.91		0.82	0.92	0.81	-0.15	-0.27	-0.41
Capital Surpluse	0.89	-0.12	0.59	-0.86	0.89	0.9	0.78	0.79	0.64	0.31	0.5	0.46	-0.31	0.68	0.92	0.82		0.85	0.9	0.0	-0.32	-0.63
Intangible Assets	0.95	0.08	0.71	-0.77	0.84	0.81	0.73	0.71	0.51	0.18	0.62	0.34	-0.19	0.57	0.98	0.92	0.85		0.84	-0.12	-0.26	-0.6
Property Plant Equipment	0.84	-0.09	0.66	-0.76	0.75	0.76	0.73	0.67	0.64	0.45	0.53	0.59	-0.26	0.82	0.91	0.81	0.9	0.84		0.0	-0.34	-0.54
Capital Stock	0.02	-0.92	-0.13	0.02	-0.24	-0.07	0.48	0.41	0.71	0.47	-0.71	-0.06	-0.85	-0.08	-0.2	-0.15	0.0	-0.12	0.0		0.24	0.33
Short Term Investments	-0.13	-0.13	0.13	0.66	-0.5	-0.63	-0.09	-0.38	-0.06	0.18	-0.23	-0.09	-0.19	-0.23	-0.37	-0.27	-0.32	-0.26	-0.34	0.24		0.73
Long Term Investments	-0.44	-0.33	-0.19	0.88	-0.66	-0.84	-0.22	-0.57	-0.17	0.27	-0.57	-0.12	-0.27	-0.29	-0.69	-0.41	-0.63	-0.6	-0.54	0.33	0.73

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Based on the company's disclosures, Reliance Global Group has a Z Score of 0.0. This indicator is about the same for the Insurance average (which is currently at 0.0) sector and about the same as Financials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Reliance Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reliance Global's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reliance Global could also be used in its relative valuation, which is a method of valuing Reliance Global by comparing valuation metrics of similar companies.

Reliance Global is currently under evaluation in z score category among its peers.

Reliance Global Current Valuation Drivers

We derive many important indicators used in calculating different scores of Reliance Global from analyzing Reliance Global's financial statements. These drivers represent accounts that assess Reliance Global's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Reliance Global's important valuation drivers and their relationship over time.

	2020	2021	2022	2023	2024	2025 (projected)
Market Cap	638.9M	1.1B	158.6M	25.7M	2.6M	2.5M
Enterprise Value	652.8M	1.1B	174.4M	39.0M	5.4M	5.1M

Reliance Fundamentals

	Return On Equity	-1.79
	Return On Asset	-0.12
	Profit Margin	(0.65) %
	Operating Margin	(0.30) %
	Number Of Shares Shorted	15.02 K
	Revenue	14.05 M
	Gross Profit	2.64 M
	EBITDA	(5.7 M)
	Net Income	(12.01 M)
	Cash And Equivalents	13.28 K
	Total Debt	3.14 M
	Current Ratio	0.09 X
	Book Value Per Share	1.33 X
	Cash Flow From Operations	(4.6 M)
	Number Of Employees	67
	Beta	0.08
	Market Capitalization	39.24 M
	Total Asset	17.32 M
	Retained Earnings	(48.07 M)
	Working Capital	415.69 K
	Net Asset	17.32 M

About Reliance Global Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Reliance Global Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Global Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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Reliance Global Group Stock Z Score

Reliance Global Group Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Reliance Z Score Driver Correlations

Reliance Z Score Peer Comparison

Reliance Global Current Valuation Drivers

Reliance Fundamentals

About Reliance Global Fundamental Analysis

Also Currently Popular

Additional Tools for Reliance Stock Analysis

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