Reliance Interest Income from 2010 to 2024

RS Stock  USD 323.08  3.81  1.19%   
Reliance Steel Interest Income yearly trend continues to be comparatively stable with very little volatility. Interest Income is likely to outpace its year average in 2024. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2010-12-31
Previous Quarter
35.2 M
Current Value
49.9 M
Quarterly Volatility
24.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reliance Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 257.7 M, Interest Expense of 48.2 M or Total Revenue of 15.5 B, as well as many 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.
  
Check out the analysis of Reliance Steel Correlation against competitors.

Latest Reliance Steel's Interest Income Growth Pattern

Below is the plot of the Interest Income of Reliance Steel Aluminum over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Reliance Steel's Interest Income 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.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

Reliance Interest Income Regression Statistics

Arithmetic Mean68,483,852
Geometric Mean53,599,652
Coefficient Of Variation35.45
Mean Deviation18,259,378
Median83,300,000
Standard Deviation24,279,928
Sample Variance589.5T
Range88.1M
R-Value(0.44)
Mean Square Error509.7T
R-Squared0.20
Significance0.1
Slope(2,411,056)
Total Sum of Squares8253.2T

Reliance Interest Income History

202449.9 M
202335.2 M
202262.3 M
202162.7 M
202062.9 M
201989.1 M
201885.6 M

Other Fundumenentals of Reliance Steel Aluminum

Reliance Steel Interest Income component correlations

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0.1-0.17-0.240.280.080.76-0.09-0.040.760.570.870.440.240.32-0.60.740.69-0.240.130.06-0.67-0.58-0.560.53
0.930.99-0.240.630.90.370.960.330.33-0.630.10.680.750.690.920.13-0.2-0.74-0.9-0.040.830.840.81-0.82
0.760.680.280.630.830.750.740.270.7-0.130.420.840.850.720.410.270.09-0.53-0.570.050.270.50.53-0.41
0.950.930.080.90.830.630.970.340.59-0.370.360.780.80.790.720.340.04-0.71-0.780.020.580.720.7-0.64
0.660.450.760.370.750.630.520.290.970.220.830.880.780.74-0.010.680.61-0.61-0.380.16-0.080.040.05-0.06
0.970.98-0.090.960.740.970.520.360.49-0.450.250.740.790.780.830.26-0.03-0.72-0.820.030.750.80.78-0.74
0.340.33-0.040.330.270.340.290.360.23-0.2-0.150.370.40.180.26-0.270.18-0.38-0.350.910.310.390.33-0.28
0.650.430.760.330.70.590.970.490.230.360.820.830.720.8-0.040.670.64-0.55-0.280.13-0.1-0.02-0.010.04
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0.410.170.870.10.420.360.830.25-0.150.820.380.590.420.54-0.260.950.62-0.46-0.14-0.17-0.31-0.3-0.280.22
0.840.720.440.680.840.780.880.740.370.83-0.180.590.960.780.370.450.29-0.79-0.720.10.260.370.38-0.4
0.840.770.240.750.850.80.780.790.40.72-0.280.420.960.720.510.30.22-0.74-0.730.110.420.560.59-0.51
0.870.770.320.690.720.790.740.780.180.80.040.540.780.720.410.470.25-0.6-0.5-0.030.360.330.32-0.32
0.720.88-0.60.920.410.72-0.010.830.26-0.04-0.75-0.260.370.510.41-0.16-0.44-0.5-0.79-0.080.940.940.9-0.88
0.40.20.740.130.270.340.680.26-0.270.670.30.950.450.30.47-0.160.55-0.46-0.16-0.3-0.2-0.24-0.220.17
0.11-0.10.69-0.20.090.040.61-0.030.180.640.650.620.290.220.25-0.440.55-0.140.250.28-0.35-0.33-0.320.35
-0.79-0.73-0.24-0.74-0.53-0.71-0.61-0.72-0.38-0.550.4-0.46-0.79-0.74-0.6-0.5-0.46-0.140.82-0.08-0.4-0.42-0.40.45
-0.81-0.850.13-0.9-0.57-0.78-0.38-0.82-0.35-0.280.76-0.14-0.72-0.73-0.5-0.79-0.160.250.820.03-0.65-0.69-0.660.79
0.01-0.030.06-0.040.050.020.160.030.910.130.09-0.170.10.11-0.03-0.08-0.30.28-0.080.030.020.10.040.08
0.630.79-0.670.830.270.58-0.080.750.31-0.1-0.65-0.310.260.420.360.94-0.2-0.35-0.4-0.650.020.90.88-0.85
0.660.81-0.580.840.50.720.040.80.39-0.02-0.68-0.30.370.560.330.94-0.24-0.33-0.42-0.690.10.90.99-0.84
0.640.78-0.560.810.530.70.050.780.33-0.01-0.66-0.280.380.590.320.9-0.22-0.32-0.4-0.660.040.880.99-0.83
-0.64-0.770.53-0.82-0.41-0.64-0.06-0.74-0.280.040.770.22-0.4-0.51-0.32-0.880.170.350.450.790.08-0.85-0.84-0.83
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About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Interest Income, to determine how well the company is positioned to perform in the future. Although Reliance Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Reliance Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Reliance Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Income35.2 M49.9 M
Net Interest Income-103.3 M-108.5 M

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Additional 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.