Reliance Steel Aluminum Stock Current Asset
RS6 Stock | EUR 304.50 0.30 0.1% |
Reliance Steel Aluminum fundamentals help investors to digest information that contributes to Reliance Steel's financial success or failures. It also enables traders to predict the movement of Reliance Stock. The fundamental analysis module provides a way to measure Reliance Steel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Reliance Steel stock.
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Reliance Steel Aluminum Company Current Asset Analysis
Reliance Steel's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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In accordance with the recently published financial statements, Reliance Steel Aluminum has a Current Asset of 0.0. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Steel industry. The current asset for all Germany stocks is 100.0% higher than that of the company.
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Reliance Fundamentals
Return On Equity | 0.28 | |||
Return On Asset | 0.16 | |||
Profit Margin | 0.11 % | |||
Operating Margin | 0.15 % | |||
Current Valuation | 12.83 B | |||
Shares Outstanding | 58.79 M | |||
Shares Owned By Insiders | 0.86 % | |||
Shares Owned By Institutions | 83.58 % | |||
Price To Earning | 8.86 X | |||
Price To Book | 1.78 X | |||
Price To Sales | 0.65 X | |||
Revenue | 17.02 B | |||
Gross Profit | 5.26 B | |||
EBITDA | 2.73 B | |||
Net Income | 1.84 B | |||
Cash And Equivalents | 133.6 M | |||
Cash Per Share | 1.99 X | |||
Total Debt | 1.14 B | |||
Debt To Equity | 49.00 % | |||
Current Ratio | 4.06 X | |||
Book Value Per Share | 120.56 X | |||
Cash Flow From Operations | 2.12 B | |||
Earnings Per Share | 28.20 X | |||
Target Price | 181.17 | |||
Number Of Employees | 10 | |||
Beta | 0.89 | |||
Market Capitalization | 13.85 B | |||
Total Asset | 10.33 B | |||
Z Score | 8.2 | |||
Annual Yield | 0.02 % | |||
Five Year Return | 1.90 % | |||
Net Asset | 10.33 B | |||
Last Dividend Paid | 3.5 |
About Reliance Steel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reliance Steel Aluminum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Steel Aluminum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Reliance Stock
When determining whether Reliance Steel Aluminum is a strong investment it is important to analyze Reliance Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Steel's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Steel Aluminum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.