Reliance Cash from 2010 to 2024

RS Stock  USD 282.63  4.56  1.59%   
Reliance Steel Cash yearly trend continues to be comparatively stable with very little volatility. Cash is likely to outpace its year average in 2024. Cash is the total amount of money in the form of currency that Reliance Steel Aluminum has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
1993-12-31
Previous Quarter
934.9 M
Current Value
350.8 M
Quarterly Volatility
248 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reliance Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 257.7 M, Interest Expense of 48.2 M or Total Revenue of 15.5 B, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0105 or PTB Ratio of 1.13. Reliance financial statements analysis is a perfect complement when working with Reliance Steel Valuation or Volatility modules.
  
Check out the analysis of Reliance Steel Correlation against competitors.

Latest Reliance Steel's Cash Growth Pattern

Below is the plot of the Cash of Reliance Steel Aluminum over the last few years. Cash refers to the most liquid asset of Reliance Steel Aluminum, which is listed under current asset account on Reliance Steel Aluminum balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Reliance Steel customers. The amounts must be unrestricted with restricted cash listed in a different Reliance Steel account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Reliance Steel's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reliance Steel's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Reliance Cash Regression Statistics

Arithmetic Mean361,954,000
Geometric Mean162,349,999
Coefficient Of Variation118.00
Mean Deviation349,799,200
Median128,200,000
Standard Deviation427,117,410
Sample Variance182429.3T
Range1.2B
R-Value0.82
Mean Square Error63175.1T
R-Squared0.68
Significance0.0002
Slope78,665,964
Total Sum of Squares2554009.9T

Reliance Cash History

20241.1 B
20231.1 B
20221.2 B
2021300.5 M
2020683.5 M
2019174.3 M
2018128.2 M

Other Fundumenentals of Reliance Steel Aluminum

Reliance Steel Cash component correlations

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Cash, to determine how well the company is positioned to perform in the future. Although Reliance Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Reliance Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Reliance Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

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Additional Tools for Reliance Stock Analysis

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.