Reliance Steel Corporate Bonds

Reliance Steel Aluminum Co -- USA Stock  

USD 75.15  1.38  1.8%

Reliance Steel financial leverage is the degree to which the firm utilises its fixed-income securities. Companies with high leverage are usually considered to be at financial risk. Reliance Steel Aluminum financial risk is the risk to Reliance Steel stockholders that is caused by an increase in debt. In other words with a high degree of financial leverage come high interest payments which usually reduces Earnings Per Share (EPS). Additionally take a look at analysis of Reliance Steel Fundamentals Over Time

Financial Leverage Over Time

Interest burden is a component of DuPont return on equity analysis calculated by dividing Earnings before Tax by Earning Before Interest and Taxes EBIT . This will be 1 for a company with no Interest Expense.
 Financial Leverage 
      Timeline 

Leverage Ratio Over Time

Leverage Ratio is a measure of a firms financial leverage, calculated by dividing Average Assets by Average Equity. A component of DuPont return on equity analysis.
 Leverage Ratio 
      Timeline 

Reliance Steel Corporate Bonds Issued

 
Piotroski F Score   
7  Strong
Issue DateMaturityCouponRef CouponS&P Rating
759509AB8 6.85%04/02/200711/15/20366.855.375
BBB
759509AD4 6.2%04/02/200711/15/20166.20.375
BBB
759509AE2 4.5%04/12/201304/15/20234.52.25
BBB
Adequate
Total Macroaxis Rating
 
BBB
Average S&P Rating

Reliance Steel Debt Analysis

The company reports 2.07 B of total liabilities with total debt to equity ratio (D/E) of 47.4 which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Reliance Steel Aluminum Co has Current Ratio of 4.12 indicating that it is in good position to pay out its debt commitments in time.

Current Liquidity

Debt to Cash Allocation

Debt

Reliance Steel Debt Growth Over Time

Total Debt

Debt Current