Rio Cash Per Share vs Net Income Per Share Analysis

RIO Stock

USD 61.10 1.31 2.19%

Rio Tinto financial indicator trend analysis is much more than just breaking down Rio Tinto ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rio Tinto ADR is a good investment. Please check the relationship between Rio Tinto Cash Per Share and its Net Income Per Share accounts. 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.

Cash Per Share vs Net Income Per Share

Cash Per Share vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rio Tinto ADR Cash Per Share account and Net Income Per Share. At this time, the significance of the direction appears to have strong relationship.

The correlation between Rio Tinto's Cash Per Share and Net Income Per Share is 0.72. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Rio Tinto ADR, assuming nothing else is changed. The correlation between historical values of Rio Tinto's Cash Per Share and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Rio Tinto ADR are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Cash Per Share i.e., Rio Tinto's Cash Per Share and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash Per Share

Net Income Per Share

Most indicators from Rio Tinto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Tax Provision is very stable compared to the past year. As of the 18th of January 2025, Enterprise Value Over EBITDA is likely to grow to 10.08, while Selling General Administrative is likely to drop about 3.7 B.

	2022	2023	2024	2025 (projected)
Interest Expense	1.9B	2.0B	2.3B	2.4B
Depreciation And Amortization	6.5B	6.3B	7.2B	7.6B

Interest Expense Depreciation And Amortization

Rio Tinto fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.66	0.27	0.86	0.94	0.98	0.16	0.45	0.77	0.52	0.8	1.0	0.71	0.74	0.94	-0.39	0.09	0.81	0.79	0.19	0.2	0.83	0.65	0.78	0.47	0.75
Short Long Term Debt Total	0.66		-0.35	0.73	0.37	0.64	0.49	0.89	0.09	0.85	0.46	0.7	0.11	0.3	0.82	-0.23	-0.32	0.86	0.28	0.72	0.69	0.84	0.02	0.55	0.76	0.88
Other Current Liab	0.27	-0.35		0.26	0.5	0.24	-0.74	-0.48	0.65	-0.49	0.18	0.23	0.52	0.29	0.06	-0.28	0.43	0.06	0.57	-0.69	-0.78	0.11	0.67	0.35	-0.35	-0.09
Total Current Liabilities	0.86	0.73	0.26		0.74	0.82	0.2	0.46	0.53	0.62	0.66	0.85	0.61	0.62	0.87	-0.58	0.18	0.94	0.62	0.23	0.27	0.96	0.42	0.94	0.42	0.89
Total Stockholder Equity	0.94	0.37	0.5	0.74		0.93	-0.01	0.15	0.94	0.23	0.8	0.92	0.81	0.78	0.78	-0.38	0.23	0.62	0.88	-0.04	-0.07	0.65	0.83	0.73	0.27	0.52
Property Plant And Equipment Net	0.98	0.64	0.24	0.82	0.93		0.23	0.43	0.78	0.46	0.79	0.98	0.73	0.74	0.91	-0.44	0.12	0.78	0.79	0.24	0.18	0.8	0.69	0.75	0.48	0.71
Current Deferred Revenue	0.16	0.49	-0.74	0.2	-0.01	0.23		0.4	-0.16	0.5	0.25	0.17	-0.01	0.18	0.26	-0.17	-0.1	0.29	-0.14	0.71	0.76	0.27	-0.21	0.2	0.38	0.36
Net Debt	0.45	0.89	-0.48	0.46	0.15	0.43	0.4		-0.11	0.77	0.09	0.51	-0.14	-0.08	0.66	0.09	-0.56	0.61	0.2	0.68	0.64	0.58	-0.11	0.17	0.8	0.67
Retained Earnings	0.77	0.09	0.65	0.53	0.94	0.78	-0.16	-0.11		-0.08	0.69	0.73	0.78	0.71	0.53	-0.3	0.28	0.36	0.88	-0.2	-0.32	0.4	0.94	0.58	0.12	0.22
Accounts Payable	0.52	0.85	-0.49	0.62	0.23	0.46	0.5	0.77	-0.08		0.32	0.56	0.09	0.2	0.74	-0.18	-0.22	0.74	0.05	0.52	0.81	0.72	-0.24	0.43	0.53	0.85
Cash	0.8	0.46	0.18	0.66	0.8	0.79	0.25	0.09	0.69	0.32		0.76	0.68	0.96	0.66	-0.44	0.27	0.6	0.51	0.28	0.2	0.62	0.53	0.76	0.33	0.52
Non Current Assets Total	1.0	0.7	0.23	0.85	0.92	0.98	0.17	0.51	0.73	0.56	0.76		0.67	0.69	0.96	-0.38	0.04	0.83	0.77	0.22	0.24	0.85	0.62	0.75	0.49	0.78
Non Currrent Assets Other	0.71	0.11	0.52	0.61	0.81	0.73	-0.01	-0.14	0.78	0.09	0.68	0.67		0.81	0.53	-0.62	0.72	0.44	0.64	-0.28	-0.25	0.48	0.65	0.7	0.01	0.36
Cash And Short Term Investments	0.74	0.3	0.29	0.62	0.78	0.74	0.18	-0.08	0.71	0.2	0.96	0.69	0.81		0.56	-0.56	0.52	0.51	0.48	0.11	0.04	0.54	0.54	0.76	0.18	0.43
Common Stock Total Equity	0.94	0.82	0.06	0.87	0.78	0.91	0.26	0.66	0.53	0.74	0.66	0.96	0.53	0.56		-0.33	-0.07	0.89	0.64	0.32	0.43	0.9	0.41	0.72	0.54	0.9
Common Stock Shares Outstanding	-0.39	-0.23	-0.28	-0.58	-0.38	-0.44	-0.17	0.09	-0.3	-0.18	-0.44	-0.38	-0.62	-0.56	-0.33		-0.67	-0.57	-0.13	0.05	-0.01	-0.58	-0.21	-0.71	0.13	-0.48
Short Term Investments	0.09	-0.32	0.43	0.18	0.23	0.12	-0.1	-0.56	0.28	-0.22	0.27	0.04	0.72	0.52	-0.07	-0.67		0.02	0.04	-0.45	-0.41	0.06	0.16	0.4	-0.4	-0.03
Non Current Liabilities Total	0.81	0.86	0.06	0.94	0.62	0.78	0.29	0.61	0.36	0.74	0.6	0.83	0.44	0.51	0.89	-0.57	0.02		0.44	0.37	0.47	1.0	0.24	0.84	0.44	0.97
Inventory	0.79	0.28	0.57	0.62	0.88	0.79	-0.14	0.2	0.88	0.05	0.51	0.77	0.64	0.48	0.64	-0.13	0.04	0.44		-0.08	-0.26	0.49	0.91	0.54	0.37	0.33
Other Current Assets	0.19	0.72	-0.69	0.23	-0.04	0.24	0.71	0.68	-0.2	0.52	0.28	0.22	-0.28	0.11	0.32	0.05	-0.45	0.37	-0.08		0.72	0.34	-0.21	0.13	0.77	0.39
Other Stockholder Equity	0.2	0.69	-0.78	0.27	-0.07	0.18	0.76	0.64	-0.32	0.81	0.2	0.24	-0.25	0.04	0.43	-0.01	-0.41	0.47	-0.26	0.72		0.43	-0.43	0.17	0.41	0.59
Total Liab	0.83	0.84	0.11	0.96	0.65	0.8	0.27	0.58	0.4	0.72	0.62	0.85	0.48	0.54	0.9	-0.58	0.06	1.0	0.49	0.34	0.43		0.29	0.88	0.44	0.96
Property Plant And Equipment Gross	0.65	0.02	0.67	0.42	0.83	0.69	-0.21	-0.11	0.94	-0.24	0.53	0.62	0.65	0.54	0.41	-0.21	0.16	0.24	0.91	-0.21	-0.43	0.29		0.45	0.15	0.09
Total Current Assets	0.78	0.55	0.35	0.94	0.73	0.75	0.2	0.17	0.58	0.43	0.76	0.75	0.7	0.76	0.72	-0.71	0.4	0.84	0.54	0.13	0.17	0.88	0.45		0.21	0.77
Short Term Debt	0.47	0.76	-0.35	0.42	0.27	0.48	0.38	0.8	0.12	0.53	0.33	0.49	0.01	0.18	0.54	0.13	-0.4	0.44	0.37	0.77	0.41	0.44	0.15	0.21		0.43
Common Stock	0.75	0.88	-0.09	0.89	0.52	0.71	0.36	0.67	0.22	0.85	0.52	0.78	0.36	0.43	0.9	-0.48	-0.03	0.97	0.33	0.39	0.59	0.96	0.09	0.77	0.43

Click cells to compare fundamentals

Rio Tinto Account Relationship Matchups

Rio Tinto fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	97.4B	102.9B	96.7B	103.5B	119.1B	125.0B
Short Long Term Debt Total	14.0B	13.5B	12.3B	14.4B	16.5B	13.0B
Other Current Liab	5.7B	6.3B	6.9B	6.6B	7.6B	4.0B
Total Current Liabilities	11.6B	12.6B	11.6B	12.7B	14.7B	8.7B
Total Stockholder Equity	47.1B	51.4B	50.2B	54.6B	62.8B	65.9B
Property Plant And Equipment Net	62.9B	64.9B	64.7B	66.5B	76.4B	80.3B
Current Deferred Revenue	344M	399M	333M	280M	322M	338.1M
Net Debt	3.6B	724M	5.5B	4.7B	5.4B	8.3B
Retained Earnings	26.8B	33.3B	34.5B	38.4B	44.1B	46.3B
Accounts Payable	3.1B	3.4B	3.3B	3.3B	3.8B	3.6B
Cash	10.4B	12.8B	6.8B	9.7B	11.1B	11.7B
Non Current Assets Total	76.5B	78.5B	77.8B	82.0B	94.3B	99.1B
Non Currrent Assets Other	4.8B	5.0B	4.3B	4.0B	4.5B	4.8B
Cash And Short Term Investments	13.2B	15.4B	8.9B	10.8B	12.4B	13.0B
Common Stock Shares Outstanding	1.6B	1.6B	1.6B	1.6B	1.9B	2.2B
Short Term Investments	2.9B	2.5B	2.2B	1.1B	1.2B	687.3M
Liabilities And Stockholders Equity	97.4B	102.9B	96.7B	103.5B	119.1B	125.0B
Non Current Liabilities Total	33.9B	33.7B	32.9B	34.5B	39.6B	21.6B
Inventory	3.9B	5.4B	6.2B	6.7B	7.7B	8.0B
Other Current Assets	1.3B	1.5B	1.7B	1.6B	1.9B	3.2B
Other Stockholder Equity	4.3B	4.3B	4.3B	4.3B	5.0B	4.7B
Total Liab	45.5B	46.3B	44.5B	47.2B	54.3B	30.3B
Property Plant And Equipment Gross	63.2B	128.9B	129.8B	136.4B	156.8B	164.6B
Total Current Assets	20.9B	24.4B	19.0B	21.5B	24.7B	12.6B
Accumulated Other Comprehensive Income	12.0B	10.0B	7.8B	8.3B	7.5B	7.9B
Short Term Debt	584M	1.1B	1.2B	1.2B	1.3B	2.4B
Common Stock	4.0B	3.8B	3.5B	3.6B	4.1B	2.4B
Net Receivables	3.4B	3.1B	3.4B	2.5B	2.2B	2.3B
Other Assets	5.3B	5.9B	6.0B	4.6B	5.2B	4.3B
Intangible Assets	2.8B	2.8B	3.6B	2.4B	2.8B	3.6B
Other Liab	18.3B	20.6B	21.3B	21.8B	25.1B	13.9B
Long Term Debt	13.2B	11.4B	10.1B	12.2B	14.0B	15.5B
Good Will	946M	879M	826M	797M	717.3M	681.4M
Property Plant Equipment	57.4B	62.9B	64.9B	64.7B	74.4B	51.4B
Net Tangible Assets	37.0B	43.4B	47.7B	45.7B	52.6B	44.1B
Short Long Term Debt	351M	812M	923M	824M	741.6M	704.5M
Long Term Debt Total	13.1B	13.2B	12.4B	11.1B	10.0B	11.5B

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

0.93	VALE	Vale SA ADR Aggressive Push	Pair Corr
0.64	VZLA	Vizsla Resources Corp	Pair Corr
0.7	ELBM	Electra Battery Materials	Pair Corr

Moving against Rio Stock

0.76	IPX	IperionX Limited American	Pair Corr
0.74	NAK	Northern Dynasty Minerals	Pair Corr
0.72	NVA	Nova Minerals Limited Downward Rally	Pair Corr
0.69	TMQ	Trilogy Metals	Pair Corr
0.47	WWR	Westwater Resources	Pair Corr

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 Correlation Correlation 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:

How To Invest In Rio

Details

Is Rio Stock a good investment?

Details

What is Rio Tinto's Net Worth?

Details

Largest Diversified Metals & Mining Companies

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Largest Other Industrial Metals & Mining Companies

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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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Rio Cash Per Share vs Net Income Per Share Analysis

Cash Per Share vs Net Income Per Share

Cash Per Share vs Net Income Per Share Correlation Analysis

Correlation Coefficient

Cash Per Share

Net Income Per Share

Rio Tinto fundamental ratios Correlations

Rio Tinto Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rio Tinto fundamental ratios Accounts

Pair Trading with Rio Tinto

Moving together with Rio Stock

Moving against Rio Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Common Stock	+ 0.97	Non Current Liabilities Total
Total Liab	+ 0.96	Total Current Liabilities

Other Stockholder Equity	- 0.78	Other Current Liab
Current Deferred Revenue	- 0.74	Other Current Liab
Total Current Assets	- 0.71	Common Stock Shares Outstanding
Other Current Assets	- 0.69	Other Current Liab
Short Term Investments	- 0.67	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.62	Non Currrent Assets Other