Schnitzer Net Working Capital from 2010 to 2024

RDUS Stock  USD 19.82  0.11  0.56%   
Schnitzer Steel Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital will likely drop to about 232.6 M in 2024. From the period from 2010 to 2024, Schnitzer Steel Net Working Capital quarterly data regression had r-value of  0.74 and coefficient of variation of  24.69. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
292.6 M
Current Value
232.6 M
Quarterly Volatility
47.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Schnitzer Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Schnitzer Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 108.4 M, Interest Expense of 22.4 M or Total Revenue of 3.5 B, as well as many indicators such as Price To Sales Ratio of 5.47, Dividend Yield of 0.0214 or Days Sales Outstanding of 46.12. Schnitzer financial statements analysis is a perfect complement when working with Schnitzer Steel Valuation or Volatility modules.
  
Check out the analysis of Schnitzer Steel Correlation against competitors.

Latest Schnitzer Steel's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Schnitzer Steel Industries over the last few years. It is Schnitzer Steel's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Schnitzer Steel's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Schnitzer Net Working Capital Regression Statistics

Arithmetic Mean192,943,609
Geometric Mean188,125,517
Coefficient Of Variation24.69
Mean Deviation36,724,198
Median161,690,000
Standard Deviation47,645,925
Sample Variance2270.1T
Range153.6M
R-Value0.74
Mean Square Error1122.2T
R-Squared0.54
Significance0
Slope7,836,143
Total Sum of Squares31781.9T

Schnitzer Net Working Capital History

2024232.6 M
2023292.6 M
2022226.4 M
2021289.8 M
2020190.3 M
2019139 M
2018198.1 M

About Schnitzer Steel Financial Statements

Schnitzer Steel shareholders use historical fundamental indicators, such as Net Working Capital, to determine how well the company is positioned to perform in the future. Although Schnitzer Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Schnitzer Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Schnitzer Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Working Capital292.6 M232.6 M

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Additional Tools for Schnitzer Stock Analysis

When running Schnitzer Steel's price analysis, check to measure Schnitzer Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schnitzer Steel is operating at the current time. Most of Schnitzer Steel's value examination focuses on studying past and present price action to predict the probability of Schnitzer Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schnitzer Steel's price. Additionally, you may evaluate how the addition of Schnitzer Steel to your portfolios can decrease your overall portfolio volatility.