Reliance Debt Current Trend from 2010 to 2020

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RS -- USA Stock  

Fiscal Quarter End: 30th of June 2020  

Reliance Steel Debt Current yearly trend continues to be relatively stable with very little volatility. Debt Current is likely to drop to about 73.3 M. During the period from 2010 to 2020, Reliance Steel Debt Current destribution of quarterly values had r-value of  0.14 from its regression line and mean deviation of  72,337,177. Reliance Steel Gross Profit is relatively stable at the moment as compared to the last year. Reliance Steel reported last year Gross Profit of 2.33 Billion. As of 06/03/2020, Net Income is likely to grow to about 701.5 M, while Consolidated Income is likely to drop slightly above 255.7 M.

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Check Reliance Steel financial statements over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 6.9 B, Consolidated Income of 255.7 M or Cost of Revenue of 4.8 B, as well as many exotic indicators such as Interest Coverage of 5.45, Long Term Debt to Equity of 0.3251 or Calculated Tax Rate of 27.87. This can be a perfect complement to check Reliance Steel Valuation or Volatility. It can also complement various Reliance Steel Technical models. Additionally, take a look at the analysis of Reliance Steel Correlation with competitors.

  Reliance Steel Quarterly Debt Current

Reliance Debt Current Marginal Breakdown

Showing smoothed Debt Current of Reliance Steel Aluminum with missing and latest data points interpolated. The current portion of Total Debt; reported if the company operates a classified balance sheet that segments current and non-current liabilities.
Debt Current10 Years Trend
Increasing
Stable
 Debt Current 
      Timeline 

Reliance Debt Current Regression Statistics

Arithmetic Mean 102,945,529
Geometric Mean 62,339,470
Coefficient Of Variation 131.38
Mean Deviation 72,337,177
Median 82,500,000
Standard Deviation 135,250,653
Range 490,475,000
R-Value 0.14
R-Squared 0.020388
Significance 0.68
Slope 5,822,764

Reliance Debt Current Over Time

201010.3 M
201112.2 M
201283.6 M
201336.5 M
201493.9 M
2015500.8 M
201682.5 M
201974.2 M
202073.3 M

About Reliance Steel Financial Statement Charts

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 Debt Current, 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.
 2017 2018 2019 2020 (projected)
Receivables1.09 B1.24 B1.07 B974.77 M
Inventories1.73 B1.82 B1.65 B1.49 B
Reliance Steel Aluminum Co. operates as a metals service center company. Reliance Steel Aluminum Co. was founded in 19 and is headquartered in Los Angeles, California. Reliance Steel operates under Steel classification in USA and is traded on BATS Exchange. It employs 15300 people.

Current Sentiment - RS

Reliance Steel Aluminum Investor Sentiment

Larger part of Macroaxis users are at this time bullish on Reliance Steel Aluminum. What is your perspective on investing in Reliance Steel Aluminum? Are you bullish or bearish?
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Additionally, take a look at the analysis of Reliance Steel Correlation with competitors. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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