Philip Richards - Rio Tinto Group Executive, Legal and Group General Counsel

RIO Stock  USD 66.68  0.10  0.15%   

Executive

Mr. Philip Richards is no longer Group Executive, Legal and Group General Counsel of the Company effective 31 December 2019. He was appointed Group General Counsel in April 2017 after taking on the role from December 2016 on secondment from Freshfields. Alongside leading our legal teams around the world, Philip oversees a range of governance functions including the Company Secretariat, Ethics Integrity, and Technical Evaluation Group. His work to reinforce governance includes overseeing the formation of a specialist legal team to support our expanding Commercial group, the transformation of the Groups risk function, and the creation of an integrated assurance office to coordinate all our second line assurance activity. since 2017.
Age 63
Tenure 7 years
Address 6 St James?s Square, London, United Kingdom, SW1Y 4AD
Phone44 20 7781 2000
Webhttps://www.riotinto.com

Rio Tinto Management Efficiency

The company has Return on Asset of 0.0928 % which means that on every $100 spent on assets, it made $0.0928 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1825 %, implying that it generated $0.1825 on every 100 dollars invested. Rio Tinto's management efficiency ratios could be used to measure how well Rio Tinto manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of April 2024, Return On Capital Employed is likely to grow to 0.17, while Return On Tangible Assets are likely to drop 0.07. At this time, Rio Tinto's Non Currrent Assets Other are very stable compared to the past year. As of the 19th of April 2024, Intangible Assets is likely to grow to about 3.6 B, while Total Assets are likely to drop about 59.2 B.
The company has 14.35 B in debt with debt to equity (D/E) ratio of 0.23, which may show that the company is not taking advantage of profits from borrowing. Rio Tinto ADR has a current ratio of 1.75, which is typical for the industry and considered as normal. Debt can assist Rio Tinto until it has trouble settling it off, either with new capital or with free cash flow. So, Rio Tinto's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Rio Tinto ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rio to invest in growth at high rates of return. When we think about Rio Tinto's use of debt, we should always consider it together with cash and equity.

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Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom. Rio Tinto is traded on New York Stock Exchange in the United States. Rio Tinto ADR (RIO) is traded on New York Stock Exchange in USA. It is located in 6 St James?s Square, London, United Kingdom, SW1Y 4AD and employs 57,000 people. Rio Tinto is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Rio Tinto ADR Leadership Team

Elected by the shareholders, the Rio Tinto's board of directors comprises two types of representatives: Rio Tinto inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rio. The board's role is to monitor Rio Tinto's management team and ensure that shareholders' interests are well served. Rio Tinto's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rio Tinto's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tim Paine, Joint Company Secretary
Stephen McIntosh, Other - Group Executive, Growth and Innovation and Health, Safety and Environment
Gregory Lilleyman, Group Executive - Technology & Innovation (T&I)
MS MS, CEO Director
Simon Thompson, Executive Chairman of the Board
Philip Richards, Group Executive, Legal and Group General Counsel
Richard Goodmanson, Non-Executive Independent Director
Barbara Levi, Chief Legal Officer and External Affairs
Physics MSc, Chief Officer
David Constable, Independent Non-Executive Director
Dominic Barton, Non-Executive Director
Ivan Vella, Chief Executive - Rio Tinto Aluminium
Alfredo Prieto, Chief Executive of Rio Tinto Aluminium
Michael LEstrange, Independent Non-Executive Director
Alfredo Barrios, Chief Executive of Rio Tinto Aluminium
Simon Henry, Independent Non-Executive Director
Peter BA, CFO Director
Dame Greene, Independent Non-Executive Director
Chris Salisbury, Chief Executive of Rio Tinto’s Iron Ore Group
Robert Brown, Non-Executive Independent Director
Samuel Walsh, CEO, Executive Director
Megan Clark, Independent Non-Executive Director
Jan Plessis, Non-Executive Chairman of the Board
Hugo Bague, Group Executive - Organisational Resources
Benjamin Wyatt, Independent Non-Executive Director
Anne Lauvergeon, Non-Executive Director
Jakob MS, CEO Director
Kellie Parker, Chief Executive - Australia
James Martin, Chief People Officer
BSc GAICD, Chief Ore
Jerome Pecresse, President Aluminium
Alan Davies, Chief Executive - Diamonds & Minerals
Victoria Hames, Company Secretary
David Ovington, Investor Relations executive
Simon McKeon, Non-Executive Independent Director
Mark Davies, Group Executive - Safety, Technical and Projects
Peter Toth, Group Executive - Strategy and Development
Sam Laidlaw, Senior Independent Non-Executive Director
Moya Greene, Independent Non-Executive Director
Christopher Lynch, CFO, Executive Director
Bold Baatar, Chief Executive - Energy & Minerals
Jakob Stausholm, Chief Executive Officer, Chief Financial Officer, Executive Director
Steve Allen, Joint Company Secretary
Simone Niven, Group Executive - Corporate Relations
John Varley, Senior Independent Non-Executive Director
Jennifer Nason, Non-Executive Independent Director
Hinda Gharbi, Non-Executive Independent Director
Vera Kirikova, Group Executive - Human Resources
Peter Cunningham, Interim Chief Financial Officer
Nigel Steward, Asset Processing
Eleanor Evans, Company Secretary
Harry KenyonSlaney, Chief Executive - Energy
Andrew Harding, Chief Executive - Iron Ore
Ann Godbehere, Non-Executive Independent Director
Ngaire Woods, Non-Executive Independent Director
Isabelle Deschamps, Chief Legal Officer and External Affairs
Menno Sanderse, Head Relations
Paul Tellier, Non-Executive Independent Director
Sinead Kaufman, Chief Executive - Rio Tinto Minerals
Arnaud Soirat, Chief Executive - Copper & Diamonds
Simon Trott, Chief Executive - Rio Tinto Iron Ore
Debra Valentine, Group Executive - Legal, External & Regulatory Affairs
JeanSebastien Jacques, Chief Executive, Executive Director
Joanne Farrell, Group Executive - Health, Safety & Environment

Rio Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Rio Tinto a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Rio Tinto ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rio Tinto'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 Rio Tinto Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rio Tinto Adr Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
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When running Rio Tinto's price analysis, check to measure Rio Tinto'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 Rio Tinto is operating at the current time. Most of Rio Tinto's value examination focuses on studying past and present price action to predict the probability of Rio Tinto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rio Tinto's price. Additionally, you may evaluate how the addition of Rio Tinto to your portfolios can decrease your overall portfolio volatility.
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Is Rio Tinto's industry 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 Rio Tinto. If investors know Rio 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 Rio Tinto 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
0.431
Dividend Share
4.349
Earnings Share
6.16
Revenue Per Share
33.33
Quarterly Revenue Growth
0.062
The market value of Rio Tinto ADR is measured differently than its book value, which is the value of Rio that is recorded on the company's balance sheet. Investors also form their own opinion of Rio Tinto's value that differs from its market value or its book value, called intrinsic value, which is Rio Tinto'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 Rio Tinto's market value can be influenced by many factors that don't directly affect Rio Tinto'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 Rio Tinto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rio Tinto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rio Tinto'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.