Reliance Global Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Reliance Global Group's balance sheet done over the years? Its assets were worth $23,015,009 last year, which is less than in the previous period. 69% of Reliance Global Group’s total assets is currently financed by debt. Its liabilities reached the amount of $15,867,679, which means an decrease by -46% compared compared to last year.
Debt to Assets
| 2013 | 1971104 | 767 | 0.04% |
|---|---|---|---|
| 2014 | 1765994 | 10.46K | 0.59% |
| 2015 | 1345450 | 1.35K | 0.1% |
| 2016 | 993757 | 6.62K | 0.67% |
| 2017 | 241579 | 1.82M | 753.53% |
| 2019 | 16993033 | 16.35M | 96.22% |
| 2020 | 17922086 | 17.80M | 99.36% |
| 2021 | 27675563 | 53.74M | 194.18% |
| 2022 | 38427729 | 29.51M | 76.81% |
| 2023 | 23015009 | 15.86M | 68.94% |
RELIW Balance Sheet (2013 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.32M | 505.41K | 4.13M | 45.21K | 6.70K | 68.93K | 2.07K | 7.36K | 10.6K | 49.44K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 1.30M | 1.10M | 1.03M | 242.42K | 123.06K | 24.5K | 0 | 0 | 78.12K | 5.6K |
Inventory | 0 | 1.40M | 484.54K | 484.36K | 484.88K | -241.57K | 0 | 0 | -497 | 0 |
Other current assets | 1.74M | 249.32K | 2.32M | 38.08K | 32.30K | 0 | 0 | 0 | 0 | 9.58K |
Total current assets | 4.37M | 3.26M | 7.98M | 810.09K | 646.95K | 93.43K | 2.07K | 7.36K | 88.72K | 64.62K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 879.82K | 1.36M | 1.19M | 809.47K | 1.16M | 148.14K | 991.68K | 1.33M | 1.67M | 1.74M |
Goodwill | 6.69M | 19.11M | 10.05M | 9.26M | 8.54M | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 11.04M | 13.75M | 7.07M | 5.68M | 6.63M | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 900K | 1.35M | 1.35M | -16.99M | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 20.29K | -38.40M | -47.65M | -18.04M | 1.98K | -241.57K | 0 | 0 | 0 | 157.84K |
Total non-current assets | 18.63M | 35.16M | 19.69M | 17.11M | 16.34M | 148.14K | 991.68K | 1.33M | 1.67M | 1.90M |
Total assets | 23.01M | 38.42M | 27.67M | 17.92M | 16.99M | 241.57K | 993.75K | 1.34M | 1.76M | 1.97M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 2.29M | 0 | 0 | 9.34K | 0 | 0 | 0 | 0 |
Short term debt | 2.18M | 1.63M | 1.18M | 5.67M | 4.50M | 170.26K | 0 | 0 | 0 | 0 |
Total current liabilities | 3.18M | 7.79M | 44.98M | 6.88M | 4.66M | 1.82M | 6.62K | 1.35K | 10.46K | 767 |
| Non-current liabilities: | ||||||||||
Long term debt | 12.40M | 14.73M | 8.24M | 8.29M | 8.83M | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 268.99K | -23.24M | -54.03M | -15.73M | -13.91M | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 12.67M | 21.72M | 8.76M | 10.92M | 11.68M | 177.45K | 6.62K | 1.35K | 10.46K | 767 |
Total liabilities | 15.86M | 29.51M | 53.74M | 17.80M | 16.35M | 1.82M | 6.62K | 1.35K | 10.46K | 767 |
| Data source | Data source | Data source | Data source |