Reliance Other Operating Expenses from 2010 to 2024
| RS Stock | USD 319.54 0.05 0.02% |
Other Operating Expenses | First Reported 1993-12-31 | Previous Quarter 3.2 B | Current Value 3 B | Quarterly Volatility 1 B |
Check Reliance Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance main balance sheet or income statement drivers, such as Depreciation And Amortization of 126.8 M, Interest Expense of 48.2 M or Total Revenue of 15.5 B, as well as many exotic 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.
Reliance | Other Operating Expenses |
Latest Reliance Steel's Other Operating Expenses Growth Pattern
Below is the plot of the Other Operating Expenses of Reliance Steel Aluminum over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Reliance Steel Aluminum. It is also known as Reliance Steel overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Reliance Steel's Other Operating Expenses 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 Operating Expenses | 10 Years Trend |
|
Other Operating Expenses |
| Timeline |
Reliance Other Operating Expenses Regression Statistics
| Arithmetic Mean | 9,476,434,667 | |
| Geometric Mean | 7,928,333,884 | |
| Coefficient Of Variation | 35.66 | |
| Mean Deviation | 2,328,290,311 | |
| Median | 9,054,400,000 | |
| Standard Deviation | 3,379,194,915 | |
| Sample Variance | 11418958.3T | |
| Range | 14.2B | |
| R-Value | 0.82 | |
| Mean Square Error | 3977793.4T | |
| R-Squared | 0.68 | |
| Significance | 0.0002 | |
| Slope | 621,501,929 | |
| Total Sum of Squares | 159865415.9T |
Reliance Other Operating Expenses History
About Reliance Steel Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Reliance Steel income statement, its balance sheet, and the statement of cash flows. Reliance Steel investors use historical funamental indicators, such as Reliance Steel's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Reliance Steel investors may use each financial statement separately, they are all related. The changes in Reliance Steel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Reliance Steel's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Reliance Steel Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Reliance Steel. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Operating Expenses | 13.1 B | 13.7 B |
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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 the analysis of Reliance Steel Correlation against competitors. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary 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.
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Is Reliance Steel's industry 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 Reliance Steel. If investors know Reliance 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 Reliance Steel 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 (0.20) | Dividend Share 4 | Earnings Share 22.65 | Revenue Per Share 253.839 | Quarterly Revenue Growth (0.08) |
The market value of Reliance Steel Aluminum is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Steel's value that differs from its market value or its book value, called intrinsic value, which is Reliance Steel'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 Reliance Steel's market value can be influenced by many factors that don't directly affect Reliance Steel'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 Reliance Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Steel'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.