Rio Tinto Plc Stock Cash And Equivalents
RIO Stock | 8,660 30.00 0.35% |
Rio Tinto PLC fundamentals help investors to digest information that contributes to Rio Tinto's financial success or failures. It also enables traders to predict the movement of Rio Stock. The fundamental analysis module provides a way to measure Rio Tinto's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rio Tinto stock.
Rio |
Rio Tinto PLC Company Cash And Equivalents Analysis
Rio Tinto's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition |
In accordance with the recently published financial statements, Rio Tinto PLC has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Basic Materials sector and about the same as Other Industrial Metals & Mining (which currently averages 0.0) industry. The cash and equivalents for all Argentina stocks is 100.0% higher than that of the company.
Rio Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rio Tinto's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rio Tinto could also be used in its relative valuation, which is a method of valuing Rio Tinto by comparing valuation metrics of similar companies.Rio Tinto is currently under evaluation in cash and equivalents category among its peers.
Rio Fundamentals
Return On Equity | 0.33 | |||
Return On Asset | 0.14 | |||
Profit Margin | 0.29 % | |||
Operating Margin | 0.39 % | |||
Current Valuation | 18.63 T | |||
Shares Outstanding | 405.24 M | |||
Price To Book | 0.28 X | |||
Price To Sales | 323.44 X | |||
Revenue | 60.19 B | |||
Gross Profit | 31.34 B | |||
EBITDA | 28.08 B | |||
Book Value Per Share | 31.22 X | |||
Earnings Per Share | 8,261 X | |||
Number Of Employees | 49 K | |||
Beta | 0.7 | |||
Market Capitalization | 22.53 T | |||
Annual Yield | 0.03 % | |||
Last Dividend Paid | 6.77 |
About Rio Tinto Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rio Tinto PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rio Tinto using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rio Tinto PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Rio Tinto financial ratios help investors to determine whether Rio Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rio with respect to the benefits of owning Rio Tinto security.