Ryerson Interest Coverage from 2010 to 2024

RYI Stock  USD 25.70  0.20  0.78%   
Ryerson Holding's Interest Coverage is increasing with slightly volatile movements from year to year. Interest Coverage is estimated to finish at 6.90 this year. For the period between 2010 and 2024, Ryerson Holding, Interest Coverage quarterly trend regression had mean deviation of  3.06 and range of 16.6289. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
6.57348703
Current Value
6.9
Quarterly Volatility
4.43209037
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ryerson Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ryerson Holding's main balance sheet or income statement drivers, such as Interest Expense of 69.1 M, Selling General Administrative of 780.7 M or Total Revenue of 4.5 B, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0194 or PTB Ratio of 1.41. Ryerson financial statements analysis is a perfect complement when working with Ryerson Holding Valuation or Volatility modules.
  
Check out the analysis of Ryerson Holding Correlation against competitors.

Latest Ryerson Holding's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Ryerson Holding Corp over the last few years. It is Ryerson Holding's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ryerson Holding's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Ryerson Interest Coverage Regression Statistics

Arithmetic Mean3.34
Geometric Mean2.00
Coefficient Of Variation132.71
Mean Deviation3.06
Median1.40
Standard Deviation4.43
Sample Variance19.64
Range16.6289
R-Value0.60
Mean Square Error13.59
R-Squared0.36
Significance0.02
Slope0.59
Total Sum of Squares275.01

Ryerson Interest Coverage History

2024 6.9
2023 6.57
2022 17.43
2021 5.38
2020 0.87
2018 1.4
2017 1.21

About Ryerson Holding Financial Statements

Investors use fundamental indicators, such as Ryerson Holding's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Ryerson Holding's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Interest Coverage 6.57  6.90 

Currently Active Assets on Macroaxis

When determining whether Ryerson Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ryerson Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ryerson Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ryerson Holding Corp Stock:
Check out the analysis of Ryerson Holding Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ryerson Holding. If investors know Ryerson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ryerson Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Dividend Share
0.748
Earnings Share
0.63
Revenue Per Share
139.339
Quarterly Revenue Growth
(0.1)
The market value of Ryerson Holding Corp is measured differently than its book value, which is the value of Ryerson that is recorded on the company's balance sheet. Investors also form their own opinion of Ryerson Holding's value that differs from its market value or its book value, called intrinsic value, which is Ryerson Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ryerson Holding's market value can be influenced by many factors that don't directly affect Ryerson Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ryerson Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryerson Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryerson Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.