Reliance Long Term Investments from 2010 to 2024

RS Stock  USD 323.08  3.81  1.19%   
Reliance Steel Long Term Investments yearly trend continues to be comparatively stable with very little volatility. Long Term Investments will likely drop to about 4.6 M in 2024. From the period from 2010 to 2024, Reliance Steel Long Term Investments quarterly data regression had r-value of (0.80) and coefficient of variation of  61.23. View All Fundamentals
 
Long Term Investments  
First Reported
2010-12-31
Previous Quarter
4.9 M
Current Value
4.6 M
Quarterly Volatility
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 Long Term Investments Growth Pattern

Below is the plot of the Long Term Investments of Reliance Steel Aluminum over the last few years. Long Term Investments is an item on the asset side of Reliance Steel balance sheet that represents investments Reliance Steel Aluminum intends to hold for over a year. Reliance Steel Aluminum long term investments may include different instruments such as stocks, bonds, real estate and cash. It is Reliance Steel's Long Term Investments 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.
Long Term Investments10 Years Trend
Slightly volatile
   Long Term Investments   
       Timeline  

Reliance Long Term Investments Regression Statistics

Arithmetic Mean8,143,400
Geometric Mean7,083,197
Coefficient Of Variation61.23
Mean Deviation4,200,053
Median5,400,000
Standard Deviation4,986,345
Sample Variance24.9T
Range13.7M
R-Value(0.80)
Mean Square Error9.8T
R-Squared0.64
Significance0.0004
Slope(889,068)
Total Sum of Squares348.1T

Reliance Long Term Investments History

20244.6 M
20234.9 M
20145.4 M
201314.1 M
201215.5 M
201116.2 M
201018.3 M

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Long Term Investments, 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
Long Term Investments4.9 M4.6 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.