Reliance Historical Balance Sheet

RELIW Stock  USD 0.02  0.00  0.00%   
Trend analysis of Reliance Global Group balance sheet accounts such as Net Debt of 2.6 M, Accounts Payable of 983.8 K, Cash of 653.4 K or Non Current Assets Total of 12.6 M provides information on Reliance Global's total assets, liabilities, and equity, which is the actual value of Reliance Global Group to its prevalent stockholders. By breaking down trends over time using Reliance Global balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Reliance Global Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Reliance Global Group is a good buy for the upcoming year.

Reliance Global Inventory

937,752

  
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.

About Reliance Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Reliance Global Group at a specified time, usually calculated after every quarter, six months, or one year. Reliance Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Reliance Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Reliance currently owns. An asset can also be divided into two categories, current and non-current.

Reliance Global Balance Sheet Chart

At this time, Reliance Global's Other Stockholder Equity is fairly stable compared to the past year. Total Current Assets is likely to climb to about 4.2 M in 2025, whereas Property Plant And Equipment Net is likely to drop slightly above 909.7 K in 2025.

Total Assets

Total assets refers to the total amount of Reliance Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Reliance Global Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Reliance Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Reliance Global Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Reliance Global obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Reliance Global Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Reliance Global's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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. 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 Other Stockholder Equity is fairly stable compared to the past year. Total Current Assets is likely to climb to about 4.2 M in 2025, whereas Property Plant And Equipment Net is likely to drop slightly above 909.7 K in 2025.
 2022 2023 2024 2025 (projected)
Total Current Liabilities7.8M3.2M3.6M6.8M
Total Assets38.4M23.0M17.3M13.8M

Reliance Global balance sheet Correlations

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Reliance Global Account Relationship Matchups

Reliance Global balance sheet Accounts

202020212022202320242025 (projected)
Total Assets17.9M27.7M38.4M23.0M17.3M13.8M
Total Current Liabilities6.9M45.0M7.8M3.2M3.6M6.8M
Total Stockholder Equity114.4K(26.1M)8.9M7.1M3.0M3.1M
Property Plant And Equipment Net809.5K1.2M1.4M879.8K1.2M909.7K
Net Debt13.9M5.3M15.9M13.2M2.8M2.6M
Retained Earnings(12.5M)(33.5M)(27.0M)(39.0M)(48.1M)(45.7M)
Accounts Payable980.9K547.1K1.2M635.3K937.0K983.8K
Cash45.2K4.1M505.4K1.3M372.7K653.4K
Non Current Assets Total17.1M19.7M35.2M18.6M13.3M12.6M
Non Currrent Assets Other(18.0M)(47.7M)(38.4M)20.3K21.8K22.9K
Cash And Short Term Investments45.2K4.1M505.4K1.3M372.7K600.1K
Net Receivables862.6K1.0M1.1M1.3M1.5M1.6M
Liabilities And Stockholders Equity17.9M27.7M38.4M23.0M17.3M14.8M
Non Current Liabilities Total10.9M8.8M21.7M12.7M10.7M7.7M
Other Current Assets528.2K2.8M249.3K1.7M2.1M2.2M
Other Stockholder Equity11.9M26.5M62.8M45.7M50.9M53.4M
Total Liab17.8M53.7M29.5M15.9M14.3M14.0M
Property Plant And Equipment Gross375.9K1.2M1.5M1.0M1.4M907.8K
Total Current Assets810.1K8.0M3.3M4.4M4.0M4.2M
Common Stock363.5K940.8K104.9K409.5K193.5K253.8K
Common Stock Shares Outstanding390.9K673.1K1.1M165.9K1.0M1.1M
Short Long Term Debt Total14.0M9.4M16.4M14.5M3.1M3.0M
Other Current Liab225.1K43.2M4.9M367.4K347.7K330.3K
Net Invested Capital13.6M(17.7M)24.0M20.9M14.9M10.6M
Short Long Term Debt5.5M913.9K1.1M1.8M2.0M1.8M
Net Working Capital(6.1M)(37.0M)(4.5M)1.2M415.7K436.5K
Short Term Debt5.7M1.2M1.6M2.2M2.3M2.6M
Long Term Debt8.0M7.4M14.0M11.9M9.9M9.6M
Good Will9.3M10.1M19.1M6.7M7.7M9.8M
Intangible Assets5.7M7.1M13.8M11.0M5.4M7.9M
Capital Lease Obligations439.8K1.1M1.2M769.5K1.1M951.4K
Capital Stock397.4K940.8K104.9K409.5K193.5K324.4K

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