Reliance Free Cash Flow vs Net Income Analysis

RELI Stock

USD 2.81 0.22 7.26%

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 Free Cash Flow and its Net Income 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 bureau of economic analysis.

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reliance Global Group Free Cash Flow account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Reliance Global's Free Cash Flow and Net Income is -0.13. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Income 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 Free Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Reliance Global Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Free Cash Flow i.e., Reliance Global's Free Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Reliance Global Group financial statement analysis. It represents the amount of money remaining after all of Reliance Global Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 bureau of economic analysis.

The Reliance Global's current Issuance Of Capital Stock is estimated to increase to about 7.8 M, while Selling General Administrative is projected to decrease to under 2.8 M.

Reliance Global fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Net Tangible Assets	Common Stock Shares Outstanding	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue	Net Invested Capital
Total Assets		0.52	-0.06	-0.26	0.83	-0.82	0.84	0.56	0.99	-0.68	0.56	0.77	0.88	0.93	0.6	0.82	0.85	-0.21	0.73	0.69	-0.89	0.86	-0.23	0.91	0.41	0.57
Total Current Liabilities	0.52		-0.84	-0.12	0.17	-0.53	0.37	0.89	0.43	-0.82	0.89	0.42	0.44	0.3	0.7	0.29	0.88	-0.13	0.76	0.84	-0.57	0.59	-0.06	0.3	0.51	-0.31
Total Stockholder Equity	-0.06	-0.84		0.02	0.26	0.05	0.13	-0.63	0.03	0.57	-0.63	0.08	-0.01	0.19	-0.36	0.26	-0.55	0.07	-0.35	-0.62	0.07	-0.17	0.04	0.13	-0.53	0.71
Property Plant And Equipment Net	-0.26	-0.12	0.02		-0.42	0.43	-0.34	-0.2	-0.25	0.02	-0.2	-0.41	-0.43	-0.35	-0.35	-0.32	-0.24	0.97	-0.29	-0.32	0.37	-0.11	0.81	-0.41	-0.19	-0.34
Net Debt	0.83	0.17	0.26	-0.42		-0.73	0.78	0.29	0.87	-0.26	0.29	0.76	0.96	0.96	0.49	0.77	0.58	-0.4	0.53	0.52	-0.75	0.59	-0.44	0.98	0.43	0.86
Retained Earnings	-0.82	-0.53	0.05	0.43	-0.73		-0.8	-0.76	-0.76	0.45	-0.76	-0.96	-0.83	-0.79	-0.89	-0.91	-0.74	0.34	-0.93	-0.72	0.98	-0.6	0.21	-0.78	-0.13	-0.55
Accounts Payable	0.84	0.37	0.13	-0.34	0.78	-0.8		0.44	0.84	-0.61	0.44	0.88	0.77	0.85	0.57	0.85	0.65	-0.35	0.67	0.48	-0.85	0.81	-0.18	0.79	0.17	0.64
Cash	0.56	0.89	-0.63	-0.2	0.29	-0.76	0.44		0.45	-0.62	1.0	0.67	0.54	0.39	0.93	0.54	0.82	-0.14	0.94	0.86	-0.75	0.48	-0.05	0.39	0.26	-0.08
Non Current Assets Total	0.99	0.43	0.03	-0.25	0.87	-0.76	0.84	0.45		-0.64	0.45	0.73	0.87	0.95	0.5	0.8	0.8	-0.21	0.64	0.6	-0.84	0.86	-0.26	0.92	0.42	0.63
Non Currrent Assets Other	-0.68	-0.82	0.57	0.02	-0.26	0.45	-0.61	-0.62	-0.64		-0.62	-0.41	-0.41	-0.45	-0.42	-0.4	-0.84	0.05	-0.59	-0.59	0.57	-0.88	0.01	-0.38	-0.41	0.12
Cash And Short Term Investments	0.56	0.89	-0.63	-0.2	0.29	-0.76	0.44	1.0	0.45	-0.62		0.67	0.54	0.39	0.93	0.54	0.82	-0.14	0.94	0.86	-0.75	0.48	-0.05	0.39	0.26	-0.08
Net Receivables	0.77	0.42	0.08	-0.41	0.76	-0.96	0.88	0.67	0.73	-0.41	0.67		0.81	0.79	0.85	0.93	0.64	-0.36	0.87	0.62	-0.94	0.59	-0.17	0.77	0.06	0.63
Common Stock Total Equity	0.88	0.44	-0.01	-0.43	0.96	-0.83	0.77	0.54	0.87	-0.41	0.54	0.81		0.94	0.68	0.77	0.77	-0.41	0.72	0.74	-0.84	0.64	-0.43	0.97	0.54	0.69
Non Current Liabilities Total	0.93	0.3	0.19	-0.35	0.96	-0.79	0.85	0.39	0.95	-0.45	0.39	0.79	0.94		0.52	0.86	0.69	-0.3	0.63	0.53	-0.84	0.77	-0.37	0.96	0.36	0.8
Other Current Assets	0.6	0.7	-0.36	-0.35	0.49	-0.89	0.57	0.93	0.5	-0.42	0.93	0.85	0.68	0.52		0.69	0.72	-0.28	0.96	0.83	-0.83	0.4	-0.13	0.55	0.19	0.22
Other Stockholder Equity	0.82	0.29	0.26	-0.32	0.77	-0.91	0.85	0.54	0.8	-0.4	0.54	0.93	0.77	0.86	0.69		0.58	-0.21	0.79	0.44	-0.92	0.68	-0.16	0.77	-0.08	0.72
Total Liab	0.85	0.88	-0.55	-0.24	0.58	-0.74	0.65	0.82	0.8	-0.84	0.82	0.64	0.77	0.69	0.72	0.58		-0.22	0.82	0.89	-0.8	0.81	-0.24	0.69	0.61	0.13
Property Plant And Equipment Gross	-0.21	-0.13	0.07	0.97	-0.4	0.34	-0.35	-0.14	-0.21	0.05	-0.14	-0.36	-0.41	-0.3	-0.28	-0.21	-0.22		-0.21	-0.31	0.28	-0.1	0.8	-0.38	-0.3	-0.3
Total Current Assets	0.73	0.76	-0.35	-0.29	0.53	-0.93	0.67	0.94	0.64	-0.59	0.94	0.87	0.72	0.63	0.96	0.79	0.82	-0.21		0.82	-0.92	0.6	-0.1	0.61	0.18	0.25
Common Stock	0.69	0.84	-0.62	-0.32	0.52	-0.72	0.48	0.86	0.6	-0.59	0.86	0.62	0.74	0.53	0.83	0.44	0.89	-0.31	0.82		-0.72	0.47	-0.21	0.64	0.65	0.06
Net Tangible Assets	-0.89	-0.57	0.07	0.37	-0.75	0.98	-0.85	-0.75	-0.84	0.57	-0.75	-0.94	-0.84	-0.84	-0.83	-0.92	-0.8	0.28	-0.92	-0.72		-0.73	0.16	-0.81	-0.17	-0.54
Common Stock Shares Outstanding	0.86	0.59	-0.17	-0.11	0.59	-0.6	0.81	0.48	0.86	-0.88	0.48	0.59	0.64	0.77	0.4	0.68	0.81	-0.1	0.6	0.47	-0.73		-0.15	0.65	0.32	0.33
Property Plant Equipment	-0.23	-0.06	0.04	0.81	-0.44	0.21	-0.18	-0.05	-0.26	0.01	-0.05	-0.17	-0.43	-0.37	-0.13	-0.16	-0.24	0.8	-0.1	-0.21	0.16	-0.15		-0.41	-0.4	-0.32
Short Long Term Debt Total	0.91	0.3	0.13	-0.41	0.98	-0.78	0.79	0.39	0.92	-0.38	0.39	0.77	0.97	0.96	0.55	0.77	0.69	-0.38	0.61	0.64	-0.81	0.65	-0.41		0.49	0.77
Current Deferred Revenue	0.41	0.51	-0.53	-0.19	0.43	-0.13	0.17	0.26	0.42	-0.41	0.26	0.06	0.54	0.36	0.19	-0.08	0.61	-0.3	0.18	0.65	-0.17	0.32	-0.4	0.49		-0.01
Net Invested Capital	0.57	-0.31	0.71	-0.34	0.86	-0.55	0.64	-0.08	0.63	0.12	-0.08	0.63	0.69	0.8	0.22	0.72	0.13	-0.3	0.25	0.06	-0.54	0.33	-0.32	0.77	-0.01

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Reliance Global Account Relationship Matchups

Reliance Global fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	17.9M	27.7M	38.4M	23.0M	26.5M	14.3M
Total Current Liabilities	6.9M	45.0M	7.8M	3.2M	3.7M	7.1M
Total Stockholder Equity	114.4K	(26.1M)	8.9M	7.1M	6.4M	6.8M
Property Plant And Equipment Net	809.5K	1.2M	1.4M	879.8K	791.8K	905.8K
Net Debt	13.9M	5.3M	15.9M	13.2M	15.2M	16.0M
Retained Earnings	(12.5M)	(33.5M)	(27.0M)	(39.0M)	(35.1M)	(33.3M)
Accounts Payable	980.9K	547.1K	1.2M	635.3K	730.6K	767.2K
Cash	45.2K	4.1M	505.4K	1.3M	1.5M	1.6M
Non Current Assets Total	17.1M	19.7M	35.2M	18.6M	21.4M	12.4M
Non Currrent Assets Other	(18.0M)	(47.7M)	(38.4M)	20.3K	18.3K	19.2K
Cash And Short Term Investments	45.2K	4.1M	505.4K	1.3M	1.5M	1.6M
Net Receivables	862.6K	1.0M	1.1M	1.3M	1.5M	1.6M
Liabilities And Stockholders Equity	17.9M	27.7M	38.4M	23.0M	26.5M	14.3M
Non Current Liabilities Total	10.9M	8.8M	21.7M	12.7M	14.6M	15.3M
Other Current Assets	528.2K	2.8M	249.3K	1.7M	2.0M	2.1M
Other Stockholder Equity	11.9M	26.5M	62.8M	45.7M	52.6M	55.2M
Total Liab	17.8M	53.7M	29.5M	15.9M	18.2M	14.9M
Property Plant And Equipment Gross	375.9K	1.2M	1.5M	1.0M	916.4K	890.1K
Total Current Assets	810.1K	8.0M	3.3M	4.4M	5.0M	5.3M
Common Stock	363.5K	940.8K	104.9K	409.5K	470.9K	257.5K
Other Current Liab	225.1K	43.2M	4.9M	367.4K	422.5K	401.4K
Net Tangible Assets	(2.7M)	(14.6M)	(14.9M)	(43.2M)	(38.9M)	(36.9M)
Other Assets	2.0K	1.8M	16.8K	1.0	1.15	1.09
Long Term Debt	8.0M	7.4M	14.0M	11.9M	13.7M	14.4M
Good Will	9.3M	10.1M	19.1M	6.7M	7.7M	6.6M
Common Stock Shares Outstanding	390.9K	673.1K	1.1M	165.9K	190.8K	318.2K
Capital Lease Obligations	439.8K	1.1M	1.2M	769.5K	884.9K	500.9K
Short Long Term Debt	5.5M	913.9K	1.1M	1.8M	2.1M	1.7M
Short Term Debt	5.7M	1.2M	1.6M	2.2M	2.5M	1.9M
Intangible Assets	5.7M	7.1M	13.8M	11.0M	12.7M	13.3M
Property Plant Equipment	57.2K	1.2M	809.5K	1.2M	1.1M	738.2K
Short Long Term Debt Total	14.0M	9.4M	16.4M	14.5M	16.7M	12.4M
Net Invested Capital	13.6M	(17.7M)	24.0M	20.9M	24.1M	25.3M
Net Working Capital	(6.1M)	(37.0M)	(4.5M)	1.2M	1.1M	1.1M

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When determining whether Reliance Global Group is a strong investment it is important to analyze Reliance Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Global's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:

How To Invest In Reliance

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Is Reliance Stock a good investment?

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What is Reliance Global's Net Worth?

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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 bureau of economic analysis.

You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reliance Global. If investors know Reliance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reliance Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(78.45)

Revenue Per Share

23.34

Quarterly Revenue Growth

0.051

Return On Assets

(0.11)

Return On Equity

(1.99)

The market value of Reliance Global Group is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Global's value that differs from its market value or its book value, called intrinsic value, which is Reliance Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reliance Global's market value can be influenced by many factors that don't directly affect Reliance Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Reliance Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Reliance Free Cash Flow vs Net Income Analysis

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

Correlation Coefficient

Free Cash Flow

Net Income

Reliance Global fundamental ratios Correlations

Reliance Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Reliance Global fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Short Long Term Debt Total	+ 0.98	Net Debt
Net Tangible Assets	+ 0.98	Retained Earnings
Property Plant And Equipment Gross	+ 0.97	Property Plant And Equipment Net
Short Long Term Debt Total	+ 0.97	Common Stock Total Equity

Net Receivables	- 0.96	Retained Earnings
Net Tangible Assets	- 0.94	Net Receivables
Total Current Assets	- 0.93	Retained Earnings
Net Tangible Assets	- 0.92	Total Current Assets
Net Tangible Assets	- 0.92	Other Stockholder Equity
Other Stockholder Equity	- 0.91	Retained Earnings