Reliance Other Non Cash Items from 2010 to 2024

RS Stock  USD 280.07  7.75  2.69%   
Reliance Steel Other Non Cash Items yearly trend continues to be comparatively stable with very little volatility. Other Non Cash Items is likely to outpace its year average in 2024. From the period from 2010 to 2024, Reliance Steel Other Non Cash Items quarterly data regression had r-value of  0.25 and coefficient of variation of  152.49. View All Fundamentals
 
Other Non Cash Items  
First Reported
1994-12-31
Previous Quarter
142.5 M
Current Value
-100 K
Quarterly Volatility
46.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reliance Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 257.7 M, Interest Expense of 48.2 M or Total Revenue of 15.5 B, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0105 or PTB Ratio of 1.13. Reliance financial statements analysis is a perfect complement when working with Reliance Steel Valuation or Volatility modules.
  
Check out the analysis of Reliance Steel Correlation against competitors.

Latest Reliance Steel's Other Non Cash Items Growth Pattern

Below is the plot of the Other Non Cash Items of Reliance Steel Aluminum over the last few years. It is Reliance Steel's Other Non Cash Items historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reliance Steel's overall financial position and show how it may be relating to other accounts over time.
Other Non Cash Items10 Years Trend
Pretty Stable
   Other Non Cash Items   
       Timeline  

Reliance Other Non Cash Items Regression Statistics

Arithmetic Mean25,796,264
Geometric Mean13,415,954
Coefficient Of Variation152.49
Mean Deviation27,175,824
Median13,100,000
Standard Deviation39,337,020
Sample Variance1547.4T
Range162.3M
R-Value0.25
Mean Square Error1564.7T
R-Squared0.06
Significance0.37
Slope2,173,242
Total Sum of Squares21663.6T

Reliance Other Non Cash Items History

202412.2 M
20236.9 M
202230.6 M
202114.5 M
2020144.5 M
201913.1 M
201837.9 M

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Other Non Cash Items, to determine how well the company is positioned to perform in the future. Although Reliance Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Reliance Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Reliance 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
Other Non Cash Items6.9 M12.2 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Reliance Stock Analysis

When running Reliance Steel's price analysis, check to measure Reliance 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 Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance 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 Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.