Ryerson Total Liab vs Total Assets Analysis
RYI Stock | USD 24.78 0.39 1.60% |
Ryerson Holding financial indicator trend analysis is much more than just breaking down Ryerson Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ryerson Holding Corp is a good investment. Please check the relationship between Ryerson Holding Total Liab and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryerson Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Total Liab vs Total Assets
Total Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryerson Holding Corp Total Liab account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ryerson Holding's Total Liab and Total Assets is 0.38. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Ryerson Holding Corp, assuming nothing else is changed. The correlation between historical values of Ryerson Holding's Total Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Ryerson Holding Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Liab i.e., Ryerson Holding's Total Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Total Assets
Total assets refers to the total amount of Ryerson Holding 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 Ryerson Holding Corp 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.Most indicators from Ryerson Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ryerson Holding Corp 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 Ryerson Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. As of now, Ryerson Holding's Selling General Administrative is increasing as compared to previous years. The Ryerson Holding's current Sales General And Administrative To Revenue is estimated to increase to 0.13, while Tax Provision is projected to decrease to under 36.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.3B | 1.0B | 772.0M | Total Revenue | 5.7B | 6.3B | 5.1B | 4.5B |
Ryerson Holding fundamental ratios Correlations
Click cells to compare fundamentals
Ryerson Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ryerson Holding fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 1.8B | 2.4B | 2.3B | 2.6B | 2.1B | |
Other Current Liab | 110.3M | 119M | 202.2M | (34.2M) | 125.0M | 129.1M | |
Total Current Liabilities | 491.9M | 527.6M | 751M | 619.2M | 633.9M | 504.7M | |
Total Stockholder Equity | 172.6M | 138.8M | 537.2M | 885.1M | 905.9M | 951.2M | |
Other Liab | 286.7M | 310.2M | 274.7M | 233.8M | 268.9M | 375.2M | |
Retained Earnings | 99.6M | 33.8M | 321.7M | 692.5M | 813.2M | 853.9M | |
Accounts Payable | 311.5M | 365.1M | 481.2M | 438.4M | 463.4M | 285.9M | |
Cash | 11M | 61.4M | 51.2M | 39.2M | 54.3M | 57.0M | |
Other Assets | 2.7M | 115M | 6.9M | 13.7M | 12.3M | 11.7M | |
Long Term Debt | 932.6M | 726.2M | 610.5M | 361.2M | 428.3M | 406.9M | |
Inventory | 742.9M | 604.5M | 832.1M | 798.5M | 782.5M | 776.6M | |
Total Liab | 1.8B | 1.7B | 1.8B | 1.4B | 1.7B | 1.8B | |
Intangible Assets | 58.1M | 50.6M | 43.2M | 42.2M | 73.7M | 50.3M | |
Property Plant Equipment | 439.7M | 421.8M | 388.3M | 458.4M | 527.2M | 447.7M | |
Other Current Assets | 52.2M | 47.8M | 57.6M | 661.1M | 60.1M | 81.0M | |
Short Long Term Debt Total | 1.1B | 853.7M | 849M | 607.3M | 803.8M | 838.9M | |
Property Plant And Equipment Net | 567.9M | 530.1M | 599.4M | 698.9M | 939M | 578.9M | |
Net Debt | 1.1B | 792.3M | 797.8M | 568.1M | 749.5M | 788.4M | |
Non Current Assets Total | 741.5M | 698.7M | 772.6M | 892.7M | 1.2B | 804.8M | |
Non Currrent Assets Other | 2.7M | 5.1M | 6.9M | (99.8M) | 15.7M | 8.7M | |
Cash And Short Term Investments | 11M | 61.4M | 51.2M | 39.2M | 54.3M | 50.5M | |
Net Receivables | 425.1M | 389.7M | 652.1M | (57.2M) | 486.5M | 332.9M | |
Common Stock Shares Outstanding | 38.0M | 38.0M | 38.9M | 38.3M | 35.6M | 37.5M | |
Liabilities And Stockholders Equity | 2.0B | 1.8B | 2.4B | 2.3B | 2.6B | 2.2B | |
Non Current Liabilities Total | 1.4B | 1.1B | 1.1B | 822.1M | 1.0B | 1.1B | |
Other Stockholder Equity | 374.6M | 376.5M | 380.2M | 336.6M | 232.3M | 266.9M | |
Property Plant And Equipment Gross | 567.9M | 530.1M | 1.0B | 1.1B | 1.4B | 1.5B | |
Total Current Assets | 1.3B | 1.1B | 1.6B | 1.4B | 1.4B | 1.0B | |
Accumulated Other Comprehensive Income | (302M) | (271.9M) | (165.1M) | (144.4M) | (140M) | (147M) | |
Short Term Debt | 70.1M | 43.5M | 67.6M | 38.1M | 45.5M | 44.7M | |
Net Tangible Assets | 1.7M | (24.7M) | 370.9M | 705M | 810.8M | 851.3M | |
Noncontrolling Interest In Consolidated Entity | 6M | 6.3M | 7.4M | 7.9M | 9.1M | 9.5M | |
Retained Earnings Total Equity | 99.6M | 33.8M | 321.7M | 692.5M | 796.4M | 836.2M |
Currently Active Assets on Macroaxis
When determining whether Ryerson Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ryerson Holding'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 Ryerson Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ryerson Holding Corp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryerson Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is 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 Ryerson Holding. If investors know Ryerson 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 Ryerson Holding 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 (0.73) | Dividend Share 0.748 | Earnings Share 0.63 | Revenue Per Share 139.339 | Quarterly Revenue Growth (0.1) |
The market value of Ryerson Holding Corp is measured differently than its book value, which is the value of Ryerson that is recorded on the company's balance sheet. Investors also form their own opinion of Ryerson Holding's value that differs from its market value or its book value, called intrinsic value, which is Ryerson Holding'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 Ryerson Holding's market value can be influenced by many factors that don't directly affect Ryerson Holding'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 Ryerson Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryerson Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryerson Holding'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.