Reliance Global Group, Inc. (EZRA) Balance Sheet
EZRA balance sheet, 2025
December 31, 2025 · U.S. dollars$13.5M assets = $7.1M liabilities + $6.4M equity
Both columns are drawn to the same scale: what EZRA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
EZRA financial health
Descriptive bands, not a rating. Fiscal 2025.
EZRA balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $993,7572016 | $13.5M2025 | +33.7%/yr | |
| Total liabilities | $6,6252016 | $7.1M2025 | +117.2%/yr | |
| Shareholders’ equity | $987,1322016 | $6.4M2025 | +23.1%/yr | |
| Cash & short-term investments | $2,0712016 | $1.3M2025 | +104.9%/yr | |
| Total debt | $170,2692017 | $2.3M2025 | +38.2%/yr | |
| Net cash (debt) | −$101,3382017 | −$946,8872025 | −$845,549 | |
| Working capital | −$4,5542016 | $1.9M2025 | +$1.9M | |
| Debt / equity | 37.682018 | 0.352025 | −37.33 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
EZRA assets
EZRA liabilities and equity
EZRA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
EZRA balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.3M | $372,695 | $1.3M | $505,410 | $4.1M | $45,213 | $6,703 | $11,228 | $68,931 | $2,071 |
| Cash & equivalents | $1.3M | $372,695 | $1.3M | $505,410 | $4.1M | $45,213 | $6,703 | $11,228 | $68,931 | $2,071 |
| Receivables | $773,331 | $1.5M | $1.3M | $1.0M | $1.0M | $868,374 | $123,062 | $0 | $24,500 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$241,579 | $0 |
| Other current assets | $2.2M | $2.1M | $1.7M | $1.7M | $2.8M | $522,449 | $517,191 | $107,297 | $241,579 | $0 |
| Total current assets | $4.3M | $4.0M | $4.4M | $3.3M | $8.0M | $1.4M | $646,956 | $118,525 | $93,431 | $2,071 |
| Property, plant & equipment (net) | $974,806 | $1.2M | $879,829 | $1.2M | $1.2M | $512,692 | $1.2M | $59,729 | $148,148 | $991,686 |
| Goodwill & intangible assets | $8.2M | $12.1M | $17.7M | $27.7M | $17.1M | $14.7M | $15.2M | $2.3M | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $900,000 | $1.4M | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $127,405 | $21,792 | $20,292 | $5.4M | $16,792 | $1.4M | $1,984 | $1,260 | $0 | $0 |
| Total assets | $13.5M | $17.3M | $23.0M | $38.4M | $27.7M | $18.0M | $17.0M | $2.5M | $241,579 | $993,757 |
| Liabilities | ||||||||||
| Accounts payable | $496,649 | $936,952 | $635,339 | $747,469 | $547,117 | $980,943 | $102,112 | $14,888 | $7,186 | $6,625 |
| Short-term debt | $1.9M | $2.3M | $2.1M | — | $1.2M | $5.7M | $4.5M | $1.1M | $170,269 | — |
| Deferred revenue | — | — | — | — | — | — | — | $87,606 | $9,345 | — |
| Total current liabilities | $2.4M | $3.6M | $3.2M | $7.8M | $45.0M | $6.9M | $4.7M | $1.2M | $1.8M | $6,625 |
| Long-term debt | $4.1M | $9.9M | $11.9M | $14.0M | $7.4M | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $937,681 | $1.1M | $769,506 | $1.1M | $1.1M | — | — | — | — | — |
| Other long-term liabilities | $661,211 | $847,619 | $753,328 | $7.7M | $1.3M | $11.2M | $11.7M | $1.6M | $177,455 | $6,625 |
| Total liabilities | $7.1M | $14.3M | $15.9M | $29.5M | $53.7M | $18.1M | $16.4M | $146,993 | $1.8M | $6,625 |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $915,394 | $193,484 | $24,089 | — | $62,815 | $363,517 | $352,743 | $265,699 | $28,789 | $28,577 |
| Retained earnings (deficit) | −$55.1M | −$48.1M | −$39.0M | −$27.0M | −$33.5M | −$12.4M | −$8.8M | $57,855 | −$4.6M | −$2.0M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | $57,855 | −$50,000 | −$50,000 |
| Total shareholders' equity | $6.4M | $3.0M | $7.1M | $8.9M | −$26.1M | −$63,012 | $642,324 | $70,957 | −$1.6M | $987,132 |
| Key figures | ||||||||||
| Total debt | $2.3M | $13.0M | $14.5M | $14.0M | $9.4M | $14.0M | $13.3M | $2.7M | $170,269 | — |
| Net cash (debt) | −$946,887 | −$12.7M | −$13.2M | −$13.5M | −$5.3M | −$13.9M | −$13.3M | −$2.7M | −$101,338 | — |
| Working capital | $1.9M | $415,691 | $1.2M | −$4.6M | −$37.0M | −$5.4M | −$4.0M | −$1.0M | −$1.7M | −$4,554 |
| Tangible book value | −$1.7M | −$9.1M | −$10.6M | −$18.8M | −$43.2M | −$14.8M | −$14.5M | −$2.2M | −$1.6M | $987,132 |
| Current ratio | 1.78 | 1.12 | 1.37 | 0.42 | 0.18 | 0.21 | 0.14 | 0.10 | 0.05 | 0.31 |
| Quick ratio | 0.87 | 0.53 | 0.83 | 0.19 | 0.11 | 0.13 | 0.03 | 0.01 | 0.05 | 0.31 |
| Debt / equity | 0.35 | 4.35 | 2.03 | 1.57 | — | — | 20.77 | 37.68 | — | — |
| Equity / assets | 47.4% | 17.3% | 31.1% | 23.2% | −94.2% | −0.3% | 3.8% | 2.9% | −653.5% | 99.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $843,513 | $2.3M | $1.3M | $2.6M | $2.0M | $388,379 | $372,695 | $925,270 | $1.4M | $680,138 | $1.8M | $1.3M |
| Cash & equivalents | $843,513 | $2.3M | $1.3M | $2.6M | $2.0M | $388,379 | $372,695 | $925,270 | $1.4M | $680,138 | $1.8M | $1.3M |
| Receivables | $790,683 | $718,955 | $773,331 | $822,886 | $840,696 | $1.0M | $1.5M | $1.1M | $1.1M | $1.1M | $1.2M | $3.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $1.5M | $1.5M | $2.2M | $1.6M | $4.3M | $2.4M | $2.1M | $1.8M | $1.8M | $1.7M | $1.7M | $2.0M |
| Total current assets | $3.2M | $4.5M | $4.3M | $5.0M | $7.1M | $3.9M | $4.0M | $3.8M | $4.3M | $3.4M | $4.7M | $7.1M |
| Property, plant & equipment (net) | $831,229 | $901,409 | $974,806 | $1.2M | $1.3M | $1.2M | $1.2M | $1.1M | $1.2M | $798,247 | $1.0M | $1.1M |
| Goodwill & intangible assets | $7.6M | $7.9M | $8.2M | $9.3M | $9.6M | $11.8M | $12.1M | $12.5M | $12.8M | $13.3M | $26.0M | $26.6M |
| Long-term investments | $1.2M | $474,125 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $18,492 | $71,462 | $127,405 | $126,694 | $21,792 | $21,792 | $21,792 | $21,792 | $21,791 | $21,791 | $23,283 | $23,284 |
| Total assets | $12.9M | $13.8M | $13.5M | $15.7M | $18.0M | $16.8M | $17.3M | $17.4M | $18.3M | $17.5M | $31.7M | $34.9M |
| Liabilities | ||||||||||||
| Accounts payable | $894,558 | $817,071 | $496,649 | $1.4M | $1.3M | $1.3M | $936,952 | $1.0M | $1.4M | $1.2M | $999,785 | $911,247 |
| Short-term debt | $875,196 | $931,429 | $1.9M | $1.6M | $3.4M | $2.6M | $2.3M | $2.4M | $2.3M | $2.3M | $2.0M | $2.6M |
| Total current liabilities | $1.9M | $1.9M | $2.4M | $3.4M | $5.0M | $3.9M | $3.6M | $3.4M | $3.7M | $3.5M | $3.9M | $4.9M |
| Long-term debt | $3.8M | $3.9M | $4.1M | $4.6M | $9.0M | $9.4M | $9.9M | $10.4M | $0 | $0 | $0 | $0 |
| Lease obligations | $799,228 | $869,645 | $937,681 | $1.1M | $1.2M | $1.1M | $1.1M | $1.0M | — | — | — | — |
| Other long-term liabilities | $519,708 | $591,630 | $661,211 | $843,494 | $917,973 | $856,811 | $847,619 | $764,301 | $11.7M | $12.0M | $13.9M | $17.0M |
| Total liabilities | $6.2M | $6.4M | $7.1M | $8.9M | $14.9M | $14.2M | $14.3M | $14.6M | $15.5M | $15.6M | $17.8M | $21.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $70,602 | $1.8M | $915,394 | $806,261 | $266,503 | $255,839 | $193,484 | $124,893 | $89,184 | $489,525 | $198,155 | $176,546 |
| Retained earnings (deficit) | −$58.5M | −$56.5M | −$55.1M | −$53.7M | −$52.5M | −$49.8M | −$48.1M | −$46.7M | −$45.8M | −$44.3M | −$30.0M | −$29.8M |
| Minority interest | −$2,913 | — | — | — | — | — | — | — | — | — | — | — |
| Total shareholders' equity | $6.7M | $7.4M | $6.4M | $6.7M | $3.1M | $2.6M | $3.0M | $2.8M | $2.9M | $2.0M | $13.9M | $13.0M |
| Key figures | ||||||||||||
| Total debt | $5.3M | $5.4M | $2.3M | $7.1M | $13.3M | $12.9M | $13.0M | $13.6M | $14.0M | $14.2M | $14.4M | $15.8M |
| Net cash (debt) | −$4.4M | −$3.2M | −$946,887 | −$4.5M | −$11.4M | −$12.5M | −$12.7M | −$12.6M | −$12.6M | −$13.5M | −$12.6M | −$14.5M |
| Working capital | $1.2M | $2.6M | $1.9M | $1.6M | $2.1M | −$77,405 | $415,691 | $431,368 | $600,053 | −$119,975 | $795,041 | $2.3M |
| Tangible book value | −$992,955 | −$457,337 | −$1.7M | −$2.6M | −$6.5M | −$9.2M | −$9.1M | −$9.6M | −$10.0M | −$11.3M | −$12.1M | −$13.6M |
| Book value per share | $10.90 | $17.45 | — | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 610K | 425K | — | — | — | — | — | — | — | — | — | — |
| Current ratio | 1.63 | 2.40 | 1.78 | 1.47 | 1.42 | 0.98 | 1.12 | 1.13 | 1.16 | 0.97 | 1.20 | 1.47 |
| Quick ratio | 0.84 | 1.61 | 0.87 | 0.99 | 0.56 | 0.36 | 0.53 | 0.60 | 0.68 | 0.49 | 0.77 | 1.06 |
| Debt / equity | 0.79 | 0.73 | 0.35 | 1.05 | 4.32 | 4.94 | 4.35 | 4.81 | 4.85 | 7.23 | 1.04 | 1.21 |
| Equity / assets | 51.7% | 53.8% | 47.4% | 43.1% | 17.1% | 15.6% | 17.3% | 16.2% | 15.8% | 11.2% | 43.7% | 37.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 10, 2026); data from EODHD.
EZRA financial position
At the end of fiscal 2025 (December 31, 2025), Reliance Global had total assets of $13.5 million (down 21.8% from a year earlier), total liabilities of $7.1 million and shareholders' equity of $6.4 million. It held $1.3 million in cash and short-term investments against $2.3 million of debt, net debt of $0.9 million. Its current ratio was 1.78. In the latest quarter (ended June 30, 2026) total assets were $12.9 million and equity $6.7 million.
Related: EZRA income statement, EZRA cash flow statement, EZRA key metrics. See the EZRA stock overview for the latest quote and news.
EZRA balance sheet FAQ
What are Reliance Global's total assets?
Reliance Global reported total assets of $13.5 million at the end of fiscal 2025 (December 31, 2025), compared with $17.3 million a year earlier.
How much debt does Reliance Global have?
Reliance Global had $2.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.35.
How much cash does Reliance Global have?
Reliance Global held $1.3 million in cash and short-term investments at the end of fiscal 2025; with $2.3 million of debt that is net debt of $0.9 million.
What is Reliance Global's book value?
Reliance Global's shareholders' equity (book value) was $6.4 million at the end of fiscal 2025.
What is Reliance Global's current ratio?
Reliance Global had current assets of $4.3 million and current liabilities of $2.4 million, a current ratio of 1.78 (it can cover its short-term obligations).
How much goodwill does Reliance Global have?
Reliance Global carried $8.2 million of goodwill and intangible assets, 60.3% of total assets, at the end of fiscal 2025.