Reliance Net Invested Capital from 2010 to 2024

RS Stock  USD 282.63  4.56  1.59%   
Reliance Steel Net Invested Capital yearly trend continues to be comparatively stable with very little volatility. Net Invested Capital will likely drop to about 8.2 B in 2024. Net Invested Capital is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. View All Fundamentals
 
Net Invested Capital  
First Reported
2010-12-31
Previous Quarter
8.9 B
Current Value
8.2 B
Quarterly Volatility
843.9 M
 
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 Net Invested Capital Growth Pattern

Below is the plot of the Net Invested Capital of Reliance Steel Aluminum over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Reliance Steel's Net Invested Capital 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.
Net Invested Capital10 Years Trend
Slightly volatile
   Net Invested Capital   
       Timeline  

Reliance Net Invested Capital Regression Statistics

Arithmetic Mean7,102,355,429
Geometric Mean7,059,425,066
Coefficient Of Variation11.88
Mean Deviation686,294,629
Median6,568,500,000
Standard Deviation843,854,255
Sample Variance712090T
Range2.3B
R-Value0.80
Mean Square Error277860.4T
R-Squared0.64
Significance0.0004
Slope150,677,929
Total Sum of Squares9969260.1T

Reliance Net Invested Capital History

20248.2 B
20238.9 B
20228.7 B
20217.7 B
20206.8 B
20196.8 B
20186.9 B

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Net Invested Capital, 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.
Last ReportedProjected for Next Year
Net Invested Capital8.9 B8.2 B

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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.