Reliance Global Group, Inc. (EZRA) - Net Assets
Based on the latest financial reports, Reliance Global Group, Inc. (EZRA) has net assets worth $6.74 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.66 Million) and total liabilities ($8.91 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read how much debt does Reliance Global Group, Inc. carry for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.74 Million |
| % of Total Assets | 43.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 19.14 |
Reliance Global Group, Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Reliance Global Group, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Reliance Global Group, Inc. assets under control for the complete picture of this company's asset base.
Annual Net Assets for Reliance Global Group, Inc. (2021–2024)
The table below shows the annual net assets of Reliance Global Group, Inc. from 2021 to 2024. For live valuation and market cap data, see market cap of Reliance Global Group, Inc..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.00 Million | -58.06% |
| 2023-12-31 | $7.15 Million | -19.79% |
| 2022-12-31 | $8.91 Million | +134.19% |
| 2021-12-31 | $-26.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Reliance Global Group, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1461540400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $51.07 Million | 1703.93% |
| Total Equity | $3.00 Million | 100.00% |
Reliance Global Group, Inc. Competitors by Market Cap
The table below lists competitors of Reliance Global Group, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Regional REIT Ltd
LSE:RGL
|
$1.83 Million |
|
Alexium International Group Limited
F:E7T
|
$1.83 Million |
|
Monarca Minerals Inc
V:MMN
|
$1.83 Million |
|
Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC
LSE:MCT
|
$1.83 Million |
|
NTR Holding A/S
CO:NTR-B
|
$1.82 Million |
|
INCUVO S.A. ZY -50
F:68X
|
$1.82 Million |
|
Oldfields Holdings Ltd
AU:OLH
|
$1.81 Million |
|
Canzon Israel Ltd
TA:CNZN
|
$1.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reliance Global Group, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,147,330 to 2,997,242, a change of -4,150,088 (-58.1%).
- Net loss of 9,071,584 reduced equity.
- New share issuances of 3,713,139 increased equity.
- Other factors increased equity by 1,208,357.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.07 Million | -302.66% |
| Share Issuances | $3.71 Million | +123.89% |
| Other Changes | $1.21 Million | +40.32% |
| Total Change | $- | -58.06% |
Book Value vs Market Value Analysis
This analysis compares Reliance Global Group, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.13x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $-606.68 | $0.17 | x |
| 2022-12-31 | $1863.45 | $0.17 | x |
| 2023-12-31 | $25.52 | $0.17 | x |
| 2024-12-31 | $1.33 | $0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reliance Global Group, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -302.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -64.55%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 5.78x
- Recent ROE (-302.66%) is below the historical average (-99.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -217.28% | 0.35x | 0.00x | $-18.49 Million |
| 2022 | 72.56% | 54.98% | 0.31x | 4.31x | $5.58 Million |
| 2023 | -168.03% | -87.46% | 0.60x | 3.22x | $-12.72 Million |
| 2024 | -302.66% | -64.55% | 0.81x | 5.78x | $-9.37 Million |
Industry Comparison
This section compares Reliance Global Group, Inc.'s net assets metrics with peer companies in the Insurance Brokers industry.
Industry Context
- Industry: Insurance Brokers
- Average net assets among peers: $644,709,300
- Average return on equity (ROE) among peers: 10.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Reliance Global Group, Inc. (EZRA) | $6.74 Million | 0.00% | 1.32x | $1.82 Million |
| Fanhua Inc. (AIFU) | $1.95 Billion | 13.72% | 0.58x | $162.32 Million |
| Arthur J Gallagher & Co (AJG) | $81.90 Million | 21.61% | 2.90x | $52.50 Billion |
| Aon PLC (AON) | $2.29 Billion | 14.15% | 6.12x | $66.82 Billion |
| Accelerant Holdings (ARX) | $350.00 Million | -26.20% | 5.28x | $1.50 Billion |
| Brown & Brown Inc (BRO) | $13.40 Million | 34.33% | 4.85x | $19.62 Billion |
| The Baldwin Insurance Group, Inc. (BWIN) | $1.19 Billion | -2.58% | 1.42x | $2.12 Billion |
| Crawford & Company (CRD-A) | $215.69 Million | 6.96% | 3.14x | $310.54 Million |
| Crawford & Company (CRD-B) | $139.83 Million | 21.89% | 4.72x | $182.26 Million |
| CorVel Corp (CRVL) | $138.65 Million | 21.26% | 0.70x | $2.36 Billion |
| eHealth Inc (EHTH) | $77.60 Million | 0.39% | 0.40x | $41.02 Million |
About Reliance Global Group, Inc.
Reliance Global Group, Inc. focuses on the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in healthcare and medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Gr… Read more