Reliance Short Term Debt from 2010 to 2024

RS Stock  USD 323.08  3.81  1.19%   
Reliance Steel Short Term Debt yearly trend continues to be comparatively stable with very little volatility. Short Term Debt will likely drop to about 90.3 M in 2024. From the period from 2010 to 2024, Reliance Steel Short Term Debt quarterly data regression had r-value of  0.32 and coefficient of variation of  121.96. View All Fundamentals
 
Short Term Debt  
First Reported
1993-12-31
Previous Quarter
115.1 M
Current Value
519.7 M
Quarterly Volatility
123.3 M
 
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 Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Reliance Steel Aluminum over the last few years. It is Reliance Steel's Short Term Debt 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.
Short Term Debt10 Years Trend
Slightly volatile
   Short Term Debt   
       Timeline  

Reliance Short Term Debt Regression Statistics

Arithmetic Mean142,246,685
Geometric Mean78,562,223
Coefficient Of Variation121.96
Mean Deviation110,600,884
Median92,000,000
Standard Deviation173,484,645
Sample Variance30096.9T
Range610M
R-Value0.32
Mean Square Error29119.9T
R-Squared0.10
Significance0.25
Slope12,363,221
Total Sum of Squares421356.9T

Reliance Short Term Debt History

202490.3 M
2023112.7 M
2022613.2 M
2021122.2 M
2020108 M
2019117.4 M
201865.2 M

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Short Term Debt, 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
Short Term Debt112.7 M90.3 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.