Reliance Steel Financial Leverage Trend

Reliance Steel Aluminum Co -- USA Stock  

USD 82.44  1.54  1.83%

This module enables investors to look at Reliance Steel various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Consolidated Income of 363.6 M, Cost of Revenue of 7.1 B or Earning Before Interest and Taxes EBIT of 598.8 M, but also many exotic indicators such as Interest Coverage of 4.4879, Long Term Debt to Equity of 0.4774 or Calculated Tax Rate of 32.7949. This module is a perfect complement to use when analyzing Reliance Steel Valuation or Volatility. It can also complement various Reliance Steel Technical models. Additionally take a look at analysis of Reliance Steel Correlation with competitors.
Showing smoothed Financial Leverage of Reliance Steel Aluminum Co with missing and latest data points interpolated. 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  10 Years Trend  
Increasing
Slightly volatile
 Financial Leverage 
      Timeline 

Reliance Steel Financial Leverage Over Time

2015-12-31  0.84 
2016-12-31  0.83 
2017-12-31  0.88 

Other Fundumenentals

 

Regression Statistics

Arithmetic Mean  0.85
Geometric Mean  0.84
Coefficient Of Variation  8.01
Mean Deviation  0.048961
Median  0.87
Standard Deviation  0.067767
Sample Variance  0.004592
Range  0.22
R Value  0.36
Mean Square Error  0.004388
R Squared  0.13
Significance  0.25
Slope  0.00681
Total Sum of Squares  0.050516

Currently Trending

GOOG   
 NMS 
Purchased few shares of
few hours ago ago
Traded for 1040.48
F   
 NYQ 
Purchased over 200 shares of
few hours ago ago
Traded for 12.6
TWTR   
 NYQ 
Purchased over 100 shares of
few hours ago ago
Traded for 21.65