Reliance Total Current Liabilities from 2010 to 2024

RS Stock  USD 319.27  3.94  1.25%   
Reliance Steel Total Current Liabilities yearly trend continues to be comparatively stable with very little volatility. Total Current Liabilities will likely drop to about 518 M in 2024. Total Current Liabilities is the total amount of liabilities that Reliance Steel Aluminum is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
1993-12-31
Previous Quarter
883.5 M
Current Value
1.3 B
Quarterly Volatility
359.9 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 Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Reliance Steel Aluminum over the last few years. Total Current Liabilities is an item on Reliance Steel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Reliance Steel Aluminum are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Reliance Steel's Total Current Liabilities 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.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Reliance Total Current Liabilities Regression Statistics

Arithmetic Mean704,314,602
Geometric Mean591,262,564
Coefficient Of Variation42.02
Mean Deviation194,178,879
Median662,800,000
Standard Deviation295,955,138
Sample Variance87589.4T
Range1.3B
R-Value0.55
Mean Square Error65746.2T
R-Squared0.30
Significance0.03
Slope36,427,619
Total Sum of Squares1226252.2T

Reliance Total Current Liabilities History

2024518 M
2023843.6 M
20221.4 B
20211.1 B
2020613 M
2019675.3 M
2018699.1 M

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Total Current Liabilities, 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
Total Current Liabilities843.6 M518 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.