Reliance Historical Balance Sheet

RS Stock  USD 318.94  2.51  0.79%   
Trend analysis of Reliance Steel Aluminum balance sheet accounts such as Total Stockholder Equity of 8.1 B, Property Plant And Equipment Net of 2.6 B or Net Debt of 282.2 M provides information on Reliance Steel's total assets, liabilities, and equity, which is the actual value of Reliance Steel Aluminum to its prevalent stockholders. By breaking down trends over time using Reliance Steel 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Reliance Steel Aluminum 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 Reliance Steel Aluminum is a good buy for the upcoming year.

Reliance Steel Inventory

1.03 Billion

  
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About Reliance Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Reliance Steel Aluminum at a specified time, usually calculated after every quarter, six months, or one year. Reliance Steel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Reliance Steel 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 Reliance currently owns. An asset can also be divided into two categories, current and non-current.

Reliance Steel Balance Sheet Chart

At this time, Reliance Steel's Net Receivables is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 70.5 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 182 M in 2024.

Total Assets

Total assets refers to the total amount of Reliance Steel 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 Reliance Steel Aluminum 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 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. 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.

Accounts Payable

An accounting item on the balance sheet that represents Reliance Steel obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Reliance Steel Aluminum are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Reliance Steel's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Reliance Steel Aluminum 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 Reliance Steel Aluminum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Reliance Steel's Net Receivables is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 70.5 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 182 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.9B1.9B1.4B1.2B
Total Assets9.5B10.3B10.5B11.0B

Reliance Steel balance sheet Correlations

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0.10.820.440.21-0.170.03-0.240.28-0.610.260.16-0.610.080.720.850.47-0.19-0.020.76-0.09-0.04-0.390.760.570.57
0.930.290.590.610.990.95-0.240.630.850.85-0.020.850.90.120.210.610.95-0.250.370.960.330.950.33-0.63-0.63
0.760.620.940.810.680.670.280.630.350.74-0.130.350.830.430.590.920.70.070.750.740.270.580.7-0.13-0.13
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0.68-0.060.240.420.820.71-0.610.850.351.00.55-0.270.63-0.19-0.150.270.79-0.210.020.790.390.88-0.03-0.66-0.66
0.950.540.810.750.930.910.080.90.830.630.9-0.070.630.380.470.80.91-0.160.630.970.340.870.59-0.37-0.37
0.450.750.480.30.240.380.720.120.43-0.190.570.17-0.190.380.80.510.210.150.750.290.03-0.010.850.590.59
0.530.960.710.440.290.480.850.210.59-0.150.660.14-0.150.470.80.760.25-0.10.950.360.040.050.950.360.36
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0.910.30.60.560.960.91-0.190.950.70.790.840.040.790.910.210.250.61-0.020.390.950.220.930.37-0.5-0.5
-0.23-0.17-0.1-0.14-0.23-0.27-0.02-0.250.07-0.21-0.23-0.02-0.21-0.160.15-0.1-0.16-0.02-0.12-0.21-0.22-0.25-0.090.220.22
0.660.980.850.690.450.590.760.370.750.020.76-0.030.020.630.750.950.890.39-0.120.520.290.230.970.220.22
0.970.440.70.690.980.95-0.090.960.740.790.9-0.10.790.970.290.360.720.95-0.210.520.360.930.49-0.45-0.45
0.340.260.320.770.330.31-0.040.330.270.390.31-0.650.390.340.030.040.330.22-0.220.290.360.350.23-0.2-0.2
0.850.130.520.580.940.85-0.390.950.580.880.74-0.090.880.87-0.010.050.50.93-0.250.230.930.350.2-0.61-0.61
0.650.940.80.620.430.580.760.330.7-0.030.760.04-0.030.590.850.950.840.37-0.090.970.490.230.20.360.36
-0.340.25-0.11-0.22-0.51-0.410.57-0.63-0.13-0.66-0.230.03-0.66-0.370.590.36-0.07-0.50.220.22-0.45-0.2-0.610.361.0
-0.340.25-0.11-0.22-0.51-0.410.57-0.63-0.13-0.66-0.230.03-0.66-0.370.590.36-0.07-0.50.220.22-0.45-0.2-0.610.361.0
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Reliance Steel Account Relationship Matchups

Reliance Steel balance sheet Accounts

201920202021202220232024 (projected)
Total Assets8.1B8.1B9.5B10.3B10.5B11.0B
Short Long Term Debt Total1.8B1.9B1.9B1.9B1.4B1.2B
Other Current Liab282.9M245.7M424.6M349.7M320.6M182.0M
Total Current Liabilities675.3M613M1.1B1.4B843.6M518.0M
Total Stockholder Equity5.2B5.1B6.1B7.1B7.7B8.1B
Property Plant And Equipment Net2.0B2.0B2.1B2.2B2.5B2.6B
Net Debt1.6B1.2B1.6B691.9M297.1M282.2M
Retained Earnings5.2B5.2B6.2B7.2B7.8B8.2B
Accounts Payable275M259.3M453.9M412.4M410.3M235.3M
Cash174.3M683.5M300.5M1.2B1.1B1.1B
Non Current Assets Total5.1B5.0B5.4B5.4B5.7B6.0B
Non Currrent Assets Other89.3M115.5M129.2M(349.8M)136.3M143.1M
Cash And Short Term Investments174.3M683.5M300.5M1.2B1.1B1.1B
Net Receivables1.1B928.4M1.7B1.6B1.5B1.6B
Common Stock Shares Outstanding67.9M65.3M64.3M61.5M59.0M70.5M
Liabilities And Stockholders Equity8.1B8.1B9.5B10.3B10.5B11.0B
Non Current Liabilities Total2.2B2.4B2.4B1.9B1.9B1.5B
Inventory1.6B1.4B2.1B2.0B2.0B1.0B
Other Current Assets85.2M80.5M111.6M115.6M140.4M147.4M
Total Liab2.9B3.0B3.4B3.2B2.7B2.0B
Total Current Assets3.0B3.1B4.2B4.9B4.8B5.0B
Short Term Debt117.4M108M122.2M613.2M112.7M90.3M
Property Plant And Equipment Gross2.0B2.0B3.8B4.3B4.7B5.0B
Accumulated Other Comprehensive Income(105.1M)(77.9M)(68.9M)(86.3M)(76.7M)(72.9M)
Intangible Assets1.0B947.1M1.1B1.0B981.1M779.2M
Common Stock Total Equity594.6M136.4M122.2M100K90K85.5K
Common Stock594.6M136.4M122.2M100K90K85.5K
Other Assets89.3M320M129.2M126.8M1.00.95
Long Term Debt1.5B1.6B1.6B1.1B1.1B1.3B
Good Will2.0B1.9B2.1B2.1B2.1B1.4B
Property Plant Equipment1.8B1.8B2.1B2.2B2.5B1.3B
Other Liab568.6M578.1M572.8M554.1M637.2M350.2M
Net Tangible Assets2.3B2.4B2.9B4.0B4.6B4.8B
Noncontrolling Interest In Consolidated Entity7.9M7.5M7.3M7.2M6.5M12.3M
Retained Earnings Total Equity4.6B5.2B5.2B6.2B7.1B4.3B
Long Term Debt Total1.5B1.6B1.6B1.1B1.3B1.8B
Deferred Long Term Liab440.1M469.3M455.6M484.8M436.3M413.8M

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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.