Rio Financial Statements From 2010 to 2024
| RIOA Stock | EUR 59.00 0.50 0.85% |
Check Rio Tinto financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rio Tinto's main balance sheet or income statement drivers, such as , as well as many indicators such as . Rio financial statements analysis is a perfect complement when working with Rio Tinto Valuation or Volatility modules.
Rio |
Rio Tinto Group Company Return On Equity Analysis
Rio Tinto's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Rio Tinto Return On Equity | 0.24 |
Most of Rio Tinto's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rio Tinto Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Rio Tinto Group has a Return On Equity of 0.2402. This is 73.6% lower than that of the Basic Materials sector and 49.96% lower than that of the Industrial Metals & Minerals industry. The return on equity for all Germany stocks is 177.48% lower than that of the firm.
Rio Tinto Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rio Tinto's current stock value. Our valuation model uses many indicators to compare Rio Tinto value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rio Tinto competition to find correlations between indicators driving Rio Tinto's intrinsic value. More Info.Rio Tinto Group is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Rio Tinto Group is roughly 2.14 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rio Tinto's earnings, one of the primary drivers of an investment's value.About Rio Tinto Financial Statements
Rio Tinto stakeholders use historical fundamental indicators, such as Rio Tinto's revenue or net income, to determine how well the company is positioned to perform in the future. Although Rio Tinto investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rio Tinto's assets and liabilities are reflected in the revenues and expenses on Rio Tinto's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Rio Tinto Group. Please read more on our technical analysis and fundamental analysis pages.
Rio Tinto Group engages in finding, mining, and processing mineral resources worldwide. Rio Tinto Group was incorporated in 1873 and is headquartered in London, the United Kingdom. RIO TINTO is traded on Frankfurt Stock Exchange in Germany.
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Other Information on Investing in Rio Stock
Rio Tinto financial ratios help investors to determine whether Rio Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rio with respect to the benefits of owning Rio Tinto security.