Rio Historical Balance Sheet

RIO Stock  USD 62.35  0.22  0.35%   
Trend analysis of Rio Tinto ADR balance sheet accounts such as Total Stockholder Equity of 57.3 B, Property Plant And Equipment Net of 34.8 B, Current Deferred Revenue of 294 M or Net Debt of 8.4 B provides information on Rio Tinto's total assets, liabilities, and equity, which is the actual value of Rio Tinto ADR to its prevalent stockholders. By breaking down trends over time using Rio Tinto balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Rio Tinto ADR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Rio Tinto ADR is a good buy for the upcoming year.

Rio Tinto Inventory

6.99 Billion

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About Rio Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Rio Tinto ADR at a specified time, usually calculated after every quarter, six months, or one year. Rio Tinto Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rio Tinto and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Rio currently owns. An asset can also be divided into two categories, current and non-current.

Rio Tinto Balance Sheet Chart

At this time, Rio Tinto's Non Currrent Assets Other are very stable compared to the past year. As of the 25th of November 2024, Common Stock Total Equity is likely to grow to about 4.8 B, while Total Assets are likely to drop about 59.2 B.

Total Assets

Total assets refers to the total amount of Rio Tinto assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Rio Tinto ADR books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Rio Tinto balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rio Tinto ADR are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Rio Tinto ADR balance sheet. This account contains Rio Tinto investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Rio Tinto ADR fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most accounts from Rio Tinto's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Rio Tinto ADR current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Rio Tinto's Non Currrent Assets Other are very stable compared to the past year. As of the 25th of November 2024, Common Stock Total Equity is likely to grow to about 4.8 B, while Total Assets are likely to drop about 59.2 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total13.5B12.3B14.4B13.0B
Total Assets102.9B96.7B103.5B59.2B

Rio Tinto balance sheet Correlations

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0.70.50.110.690.790.680.310.120.670.390.660.650.860.66-0.530.30.640.440.340.290.660.470.810.290.58
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0.590.140.490.630.80.590.04-0.120.780.150.650.550.690.53-0.710.770.460.6-0.25-0.180.510.610.74-0.050.4
0.750.380.180.70.610.760.29-0.060.490.340.860.70.690.47-0.810.580.640.230.180.220.660.270.890.180.58
0.870.810.070.890.850.820.260.670.610.740.660.880.530.47-0.37-0.080.90.730.310.430.90.480.750.490.89
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0.19-0.320.470.190.280.22-0.1-0.570.36-0.230.30.130.770.58-0.08-0.670.020.07-0.46-0.420.060.220.42-0.36-0.03
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0.550.360.50.660.840.51-0.070.320.840.180.440.530.60.230.73-0.260.070.5-0.01-0.160.540.870.560.30.42
0.30.73-0.690.280.040.340.70.67-0.140.510.340.32-0.250.180.310.06-0.460.41-0.010.720.38-0.150.190.830.4
0.430.71-0.760.360.060.420.750.62-0.230.80.290.46-0.180.220.430.01-0.420.53-0.160.720.5-0.360.260.520.62
0.980.860.040.970.730.960.310.630.450.780.660.990.510.660.9-0.60.061.00.540.380.50.290.880.570.97
0.350.050.620.410.780.36-0.15-0.040.92-0.160.470.330.610.270.48-0.350.220.250.87-0.15-0.360.290.440.020.13
0.930.580.260.930.790.910.260.230.620.520.810.90.740.890.75-0.770.420.850.560.190.260.880.440.350.79
0.470.84-0.410.540.20.480.440.82-0.010.610.290.49-0.050.180.49-0.03-0.360.580.30.830.520.570.020.350.55
0.940.88-0.110.910.620.90.370.690.290.870.580.960.40.580.89-0.49-0.030.980.420.40.620.970.130.790.55
Click cells to compare fundamentals

Rio Tinto Account Relationship Matchups

Rio Tinto balance sheet Accounts

201920202021202220232024 (projected)
Total Assets87.8B97.4B102.9B96.7B103.5B59.2B
Short Long Term Debt Total14.7B14.0B13.5B12.3B14.4B13.0B
Other Current Liab3.1B5.7B6.3B6.9B6.6B4.0B
Total Current Liabilities11.1B11.6B12.6B11.6B12.7B8.7B
Total Stockholder Equity40.5B47.1B51.4B50.2B54.6B57.3B
Property Plant And Equipment Net57.4B62.9B64.9B64.7B66.5B34.8B
Current Deferred Revenue200M344M399M333M280M294M
Net Debt6.7B3.6B724M5.5B5.7B8.4B
Retained Earnings23.4B26.8B33.3B34.5B38.4B40.3B
Accounts Payable6.5B3.1B3.4B3.3B3.3B3.6B
Cash8.0B10.4B12.8B6.8B9.7B10.2B
Non Current Assets Total70.5B76.5B78.5B77.8B82.0B46.6B
Non Currrent Assets Other4.5B4.8B5.0B4.3B4.0B4.2B
Cash And Short Term Investments10.7B13.2B15.4B8.9B10.8B5.5B
Common Stock Total Equity4.4B3.7B3.7B4.0B4.6B4.8B
Common Stock Shares Outstanding1.6B1.6B1.6B1.6B1.6B2.2B
Short Term Investments2.7B2.9B2.5B2.2B1.1B687.3M
Liabilities And Stockholders Equity87.8B97.4B102.9B96.7B103.5B59.2B
Non Current Liabilities Total31.4B33.9B33.7B32.9B34.5B21.6B
Inventory3.5B3.9B5.4B6.2B6.7B7.0B
Other Current Assets277M1.3B1.5B1.7B1.6B3.2B
Other Stockholder Equity4.3B4.3B4.3B4.3B4.3B4.1B
Total Liab42.6B45.5B46.3B44.5B47.2B30.3B
Property Plant And Equipment Gross57.5B63.2B128.9B129.8B136.4B143.2B
Total Current Assets17.3B20.9B24.4B19.0B21.5B12.6B
Accumulated Other Comprehensive Income9.2B12.0B10.0B7.8B8.3B8.7B
Short Term Debt1.4B584M1.1B1.2B1.2B1.1B
Common Stock3.7B4.0B3.8B3.5B3.6B2.4B
Net Receivables2.9B3.4B3.1B3.4B2.5B2.6B
Other Assets5.3B5.9B6.0B4.6B5.2B4.3B
Intangible Assets2.6B2.8B2.8B3.6B2.4B3.6B
Other Liab18.3B20.6B21.3B21.8B25.1B13.9B
Long Term Debt12.1B13.2B11.4B10.1B12.2B15.5B
Good Will922M946M879M826M797M757.2M
Property Plant Equipment57.4B62.9B64.9B64.7B74.4B51.4B
Net Tangible Assets37.0B43.4B47.7B45.7B52.6B44.1B
Short Long Term Debt720M351M812M923M824M782.8M
Long Term Debt Total13.1B13.2B12.4B11.1B10.0B11.5B

Pair Trading with Rio Tinto

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rio Tinto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rio Tinto will appreciate offsetting losses from the drop in the long position's value.

Moving together with Rio Stock

  0.95VALE Vale SA ADRPairCorr
The ability to find closely correlated positions to Rio Tinto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rio Tinto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rio Tinto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rio Tinto ADR to buy it.
The correlation of Rio Tinto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rio Tinto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rio Tinto ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rio Tinto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Rio Tinto ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rio Tinto's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rio Tinto Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rio Tinto Adr Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rio Tinto. If investors know Rio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rio Tinto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.133
Dividend Share
4.349
Earnings Share
6.58
Revenue Per Share
33.396
Quarterly Revenue Growth
0.005
The market value of Rio Tinto ADR is measured differently than its book value, which is the value of Rio that is recorded on the company's balance sheet. Investors also form their own opinion of Rio Tinto's value that differs from its market value or its book value, called intrinsic value, which is Rio Tinto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rio Tinto's market value can be influenced by many factors that don't directly affect Rio Tinto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rio Tinto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rio Tinto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rio Tinto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.