Showing smoothed Enterprise Value of Reliance Steel Aluminum Co with missing and latest data points interpolated. Enterprise Value (or EV) is usually referred to as Reliance Steel theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Reliance Steel Aluminum debt, but would also pocket its cash. Enterprise Value is more accurate representation of Reliance Steel value then its market capitalization because it takes into account all of Reliance Steel Aluminum Co existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as Market Capitalization plus Total Debt USD minus Cash and Equivalents USD.
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Reliance Steel Regression Statistics
Reliance Steel Enterprise Value Over Time
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