Reliance Global Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Reliance Global Holdings has a total shareholder equity of HK$237.3M and total debt of HK$37.6M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are HK$283.9M and HK$46.6M respectively.
Key information
15.9%
Debt to equity ratio
HK$37.63m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$57.62m |
| Equity | HK$237.29m |
| Total liabilities | HK$46.62m |
| Total assets | HK$283.91m |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Reliance Global Holdings Limited (HKG:723) With Shares Advancing 36%
Apr 16
Investor Optimism Abounds Reliance Global Holdings Limited (HKG:723) But Growth Is Lacking
Feb 06Reliance Global Holdings (HKG:723) Could Be Struggling To Allocate Capital
Nov 07Estimating The Fair Value Of Reliance Global Holdings Limited (HKG:723)
Sep 18Reliance Global Holdings (HKG:723) Is Reinvesting At Lower Rates Of Return
May 11Reliance Global Holdings (HKG:723) Might Be Having Difficulty Using Its Capital Effectively
Feb 10Reliance Global Holdings (HKG:723) Might Be Having Difficulty Using Its Capital Effectively
Oct 20Investors Will Want Reliance Global Holdings' (HKG:723) Growth In ROCE To Persist
May 05Reliance Global Holdings' (HKG:723) Returns On Capital Are Heading Higher
Jan 04Returns At Reliance Global Holdings (HKG:723) Are On The Way Up
Sep 21It's Probably Less Likely That Reliance Global Holdings Limited's (HKG:723) CEO Will See A Huge Pay Rise This Year
Sep 21A Look At The Intrinsic Value Of Reliance Global Holdings Limited (HKG:723)
Jul 28Reliance Global Holdings (HKG:723) Is Looking To Continue Growing Its Returns On Capital
May 10How Much Is Reliance Global Holdings' (HKG:723) CEO Getting Paid?
Mar 01Is There More Growth In Store For Reliance Global Holdings' (HKG:723) Returns On Capital?
Feb 08
Reliance Global Holdings Limited's (HKG:723) Recent Stock Price Movement Is Nothing To Get Excited About But Financials Could Add More To The Story
Dec 28Financial Position Analysis
Short Term Liabilities: 723's short term assets (HK$245.6M) exceed its short term liabilities (HK$27.9M).
Long Term Liabilities: 723's short term assets (HK$245.6M) exceed its long term liabilities (HK$18.7M).
Debt to Equity History and Analysis
Debt Level: 723 has more cash than its total debt.
Reducing Debt: 723's debt to equity ratio has reduced from 181.6% to 15.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 723 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 723 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 56.4% per year.