Reliance Other Assets from 2010 to 2024

RS Stock  USD 323.08  3.81  1.19%   
Reliance Steel Other Assets yearly trend continues to be comparatively stable with very little volatility. Other Assets will likely drop to 0.95 in 2024. From the period from 2010 to 2024, Reliance Steel Other Assets quarterly data regression had r-value of  0.11 and coefficient of variation of  82.29. View All Fundamentals
 
Other Assets  
First Reported
2000-03-31
Previous Quarter
118.3 M
Current Value
1
Quarterly Volatility
1.2 B
 
Dot-com Bubble
 
Housing Crash
 
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 Other Assets Growth Pattern

Below is the plot of the Other Assets of Reliance Steel Aluminum over the last few years. It is Reliance Steel's Other Assets 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 Assets10 Years Trend
Very volatile
   Other Assets   
       Timeline  

Reliance Other Assets Regression Statistics

Arithmetic Mean91,135,800
Geometric Mean7,483,507
Coefficient Of Variation82.29
Mean Deviation41,007,573
Median87,200,000
Standard Deviation74,998,190
Sample Variance5624.7T
Range320M
R-Value0.11
Mean Square Error5990.2T
R-Squared0.01
Significance0.71
Slope1,765,861
Total Sum of Squares78746.2T

Reliance Other Assets History

2024 0.95
2023 1.0
2022126.8 M
2021129.2 M
2020320 M
201989.3 M
201887.2 M

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Other Assets, 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
Other Assets 1.00  0.95 

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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.