Schnitzer Historical Balance Sheet

RDUS Stock  USD 20.21  0.47  2.38%   
Trend analysis of Schnitzer Steel Industries balance sheet accounts such as Property Plant And Equipment Net of 821.5 M, Net Debt of 429.7 M, Retained Earnings of 636.7 M or Accounts Payable of 212.6 M provides information on Schnitzer Steel's total assets, liabilities, and equity, which is the actual value of Schnitzer Steel Indu to its prevalent stockholders. By breaking down trends over time using Schnitzer 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 Schnitzer Steel Indu 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 Schnitzer Steel Indu is a good buy for the upcoming year.

Schnitzer Steel Inventory

174.01 Million

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

About Schnitzer Balance Sheet Analysis

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

Schnitzer Steel Balance Sheet Chart

At this time, Schnitzer Steel's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 621 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 414.4 M in 2024.

Total Assets

Total assets refers to the total amount of Schnitzer 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 Schnitzer Steel Indu 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 Schnitzer 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 Schnitzer Steel Industries 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Schnitzer Steel Indu balance sheet. This account contains Schnitzer Steel investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Schnitzer Steel Industries 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 Schnitzer Steel's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Schnitzer Steel Indu 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 Schnitzer Steel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, Schnitzer Steel's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 621 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 414.4 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total371.9M365.3M420.1M441.1M
Total Assets1.8B1.7B1.5B1.6B

Schnitzer Steel balance sheet Correlations

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-0.230.23-0.58-0.21-0.42-0.160.11-0.25-0.12-0.06-0.370.020.030.060.08-0.19-0.280.26-0.040.45-0.10.080.32-0.03-0.31
-0.51-0.150.25-0.58-0.36-0.65-0.5-0.75-0.610.87-0.550.02-0.620.62-0.59-0.61-0.540.78-0.61-0.42-0.29-0.45-0.430.16-0.77
0.730.55-0.30.790.560.810.40.770.83-0.360.640.03-0.62-0.70.750.90.7-0.560.790.750.70.780.670.450.73
-0.27-0.380.14-0.27-0.17-0.35-0.12-0.53-0.320.48-0.30.060.62-0.7-0.35-0.71-0.240.65-0.33-0.35-0.09-0.25-0.31-0.31-0.61
0.890.72-0.280.850.680.90.830.730.89-0.460.790.08-0.590.75-0.350.640.86-0.430.970.80.840.660.790.40.68
0.730.4-0.060.720.690.750.280.840.76-0.30.76-0.19-0.610.9-0.710.640.68-0.60.70.490.620.630.620.370.84
0.930.47-0.10.960.810.950.720.780.95-0.390.87-0.28-0.540.7-0.240.860.68-0.510.940.630.890.730.660.330.69
-0.480.00.13-0.47-0.45-0.6-0.2-0.76-0.480.55-0.560.260.78-0.560.65-0.43-0.6-0.51-0.46-0.26-0.24-0.23-0.20.03-0.78
0.940.63-0.240.950.760.960.80.790.96-0.450.85-0.04-0.610.79-0.330.970.70.94-0.460.790.90.760.760.40.71
0.60.7-0.610.690.310.70.630.450.74-0.340.410.45-0.420.75-0.350.80.490.63-0.260.790.680.780.790.480.35
0.940.52-0.090.910.850.90.640.70.91-0.10.82-0.1-0.290.7-0.090.840.620.89-0.240.90.680.720.640.460.53
0.630.44-0.430.830.420.740.460.540.84-0.30.490.08-0.450.78-0.250.660.630.73-0.230.760.780.720.750.260.45
0.620.71-0.570.650.420.670.630.50.73-0.340.540.32-0.430.67-0.310.790.620.66-0.20.760.790.640.750.350.45
0.360.7-0.070.360.290.310.30.070.320.150.3-0.030.160.45-0.310.40.370.330.030.40.480.460.260.350.18
0.730.310.030.690.70.770.40.880.71-0.50.82-0.31-0.770.73-0.610.680.840.69-0.780.710.350.530.450.450.18
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Schnitzer Steel Account Relationship Matchups

Schnitzer Steel balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.5B1.8B1.7B1.5B1.6B
Short Long Term Debt Total229.4M209.5M371.9M365.3M420.1M441.1M
Other Current Liab7.1M144.3M132.3M(120.9M)(139.1M)(132.1M)
Total Current Liabilities223.7M352.9M381.6M323.9M316.6M332.4M
Total Stockholder Equity676.7M835.8M954.0M908.2M623.1M414.4M
Property Plant And Equipment Net627.6M693.9M786.5M822.5M782.4M821.5M
Net Debt211.5M181.7M328.1M359.3M409.2M429.7M
Retained Earnings649.9M793.7M941.1M894.3M606.4M636.7M
Accounts Payable106.7M179.9M217.7M209.4M202.5M212.6M
Cash17.9M27.8M43.8M6.0M5.6M5.3M
Non Current Assets Total867.3M951.2M1.2B1.2B924.6M514.2M
Non Currrent Assets Other(37.2M)(40.4M)(37.4M)(33.5M)58.7M30.2M
Cash And Short Term Investments17.9M27.8M43.8M6.0M6.9M6.6M
Net Receivables139.1M214.1M237.7M210.4M258.2M271.1M
Common Stock Shares Outstanding27.7M29.2M29.5M28.0M28.0M25.4M
Liabilities And Stockholders Equity1.2B1.5B1.8B1.7B2.0B2.1B
Non Current Liabilities Total325.8M301.7M486.6M480.4M591.5M621.0M
Inventory157.3M256.4M315.2M278.6M293.9M174.0M
Other Current Assets48.3M44.8M74.7M55.2M50.6M53.1M
Other Stockholder Equity(1.3B)49.1M23.0M26.0M29.9M28.4M
Total Liab549.5M654.6M868.1M804.3M908.0M953.4M
Property Plant And Equipment Gross627.6M693.9M786.5M822.5M1.7B1.8B
Total Current Assets362.6M543.1M671.4M550.3M609.1M639.6M
Accumulated Other Comprehensive Income(36.9M)(34.6M)(37.1M)(39.7M)(45.6M)(47.9M)
Short Term Debt2.2M25.1M27.7M25.6M29.5M31.0M
Intangible Assets4.6M4.0M26.2M32.5M42.0M26.2M
Common Stock Total Equity26.7M27.1M27.5M26.9M31.0M26.7M
Common Stock27.1M27.5M26.9M27.5M24.8M13.5M
Other Liab87.4M98.6M117.3M142.4M163.7M171.9M
Other Assets48.1M49.4M64.2M63.5M73.0M76.7M
Long Term Debt102.2M71.3M242.5M243.6M409.1M429.5M
Good Will239.7M257.4M368.7M343.1M13.1M12.4M
Property Plant Equipment456.4M487.0M693.9M786.5M904.5M949.7M
Current Deferred Revenue1M(179.9M)(217.7M)(195.7M)(176.1M)(167.3M)
Net Tangible Assets523.2M502.5M661.5M585.3M673.1M512.8M
Noncontrolling Interest In Consolidated Entity4.3M3.7M4.0M4.5M4.0M3.6M
Retained Earnings Total Equity675.4M649.9M793.7M941.1M847.0M587.6M

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