Reliance Global Group Balance Sheet Health
Financial Health criteria checks 2/6
Reliance Global Group has a total shareholder equity of $3.0M and total debt of $12.0M, which brings its debt-to-equity ratio to 400.4%. Its total assets and total liabilities are $17.3M and $14.3M respectively.
Key information
400.4%
Debt to equity ratio
US$12.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$372.70k |
| Equity | US$3.00m |
| Total liabilities | US$14.32m |
| Total assets | US$17.32m |
Recent financial health updates
Recent updates
Take Care Before Jumping Onto Reliance Global Group, Inc. (NASDAQ:RELI) Even Though It's 26% Cheaper
Feb 19
Market Might Still Lack Some Conviction On Reliance Global Group, Inc. (NASDAQ:RELI) Even After 72% Share Price Boost
Dec 31Here's Why Shareholders May Want To Be Cautious With Increasing Reliance Global Group, Inc.'s (NASDAQ:RELI) CEO Pay Packet
Dec 24It's Down 35% But Reliance Global Group, Inc. (NASDAQ:RELI) Could Be Riskier Than It Looks
Nov 16Positive Sentiment Still Eludes Reliance Global Group, Inc. (NASDAQ:RELI) Following 39% Share Price Slump
Aug 15It's Down 43% But Reliance Global Group, Inc. (NASDAQ:RELI) Could Be Riskier Than It Looks
Dec 21Further Upside For Reliance Global Group, Inc. (NASDAQ:RELI) Shares Could Introduce Price Risks After 51% Bounce
Apr 19Reliance Global Group jumps 8% on $3M buyback
Sep 23Reliance Global Group sees Q2 revenue to get doubled
Aug 02Reliance Global Group Looks Overvalued Based On Fundamentals
Jan 10Introducing Reliance Global Group (NASDAQ:RELI), The Stock That Soared 936% In The Last Three Years
Mar 03Financial Position Analysis
Short Term Liabilities: RELI's short term assets ($4.0M) exceed its short term liabilities ($3.6M).
Long Term Liabilities: RELI's short term assets ($4.0M) do not cover its long term liabilities ($10.7M).
Debt to Equity History and Analysis
Debt Level: RELI's net debt to equity ratio (387.9%) is considered high.
Reducing Debt: RELI's debt to equity ratio has reduced from 1987.1% to 400.4% 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: RELI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RELI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.3% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/13 22:40 |
| End of Day Share Price | 2025/03/13 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Reliance Global Group, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Edward Reilly | D. Boral Capital LLC. |