Reliant Holdings Inc
Reliant Holdings, Inc., together with its subsidiaries, designs and installs swimming pools in the United States. The company primarily constructs residential pools. It also focuses on constructing custom homes; and renewable energy through solar panels and other sustainable energy sources. Reliant Holdings, Inc. was incorporated in 2014 and is headquartered in Austin, Texas.
Reliant Holdings Inc (RELT) - Total Assets
Latest total assets as of September 2024: $3.08 Million USD
Based on the latest financial reports, Reliant Holdings Inc (RELT) holds total assets worth $3.08 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Reliant Holdings Inc - Total Assets Trend (2015–2023)
This chart illustrates how Reliant Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Reliant Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Reliant Holdings Inc's total assets of $3.08 Million consist of 88.6% current assets and 11.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 36.2% |
| Accounts Receivable | $1.00K | 0.1% |
| Inventory | $446.43K | 52.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2023)
This chart illustrates how Reliant Holdings Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Reliant Holdings Inc's current assets represent 88.6% of total assets in 2023, a decrease from 99.8% in 2015.
- Cash Position: Cash and equivalents constituted 36.2% of total assets in 2023, down from 85.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 52.3% of total assets.
Reliant Holdings Inc Competitors by Total Assets
Key competitors of Reliant Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
China | CN¥2.72 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
China | CN¥67.22 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
China | CN¥25.28 Billion |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
China | CN¥63.35 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
China | CN¥173.93 Billion |
|
Jinyuan Cement Co Ltd
SHE:000546
|
China | CN¥5.66 Billion |
|
Hunan Investment Group Co Ltd
SHE:000548
|
China | CN¥2.46 Billion |
|
ChengDu Hi-Tech Development Co Ltd
SHE:000628
|
China | CN¥12.49 Billion |
Reliant Holdings Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Reliant Holdings Inc generates 2.87x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Reliant Holdings Inc generates $ 3.93 in net profit.
Reliant Holdings Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.17 | 1.06 | 1.97 |
| Quick Ratio | 0.17 | 0.36 | 1.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.51 Million | $ 37.62K | $ 147.06K |
Reliant Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Reliant Holdings Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.78 |
| Latest Market Cap to Assets Ratio | 0.62 |
| Asset Growth Rate (YoY) | 13.7% |
| Total Assets | $854.40K |
| Market Capitalization | $533.21K USD |
Valuation Analysis
Below Book Valuation: The market values Reliant Holdings Inc's assets below their book value (0.62 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Reliant Holdings Inc's assets grew by 13.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Reliant Holdings Inc (2015–2023)
The table below shows the annual total assets of Reliant Holdings Inc from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $854.40K | +13.73% |
| 2022-12-31 | $751.25K | +59.68% |
| 2021-12-31 | $470.47K | +38.23% |
| 2020-12-31 | $340.34K | +11.27% |
| 2019-12-31 | $305.86K | +41.29% |
| 2018-12-31 | $216.48K | +234.08% |
| 2017-12-31 | $64.80K | -35.26% |
| 2016-12-31 | $100.09K | -54.28% |
| 2015-12-31 | $218.95K | -- |