Reliance Steel Tax Efficiency Trend

Reliance Steel Aluminum Co -- USA Stock  

USD 91.70  0.59  0.64%

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 4.5704, Long Term Debt to Equity of 0.4292 or Calculated Tax Rate of 36.5483. 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 Tax Efficiency of Reliance Steel Aluminum Co with missing and latest data points interpolated. Tax Efficiency is a component of DuPont return on equity analysis calculated by dividing Net Income by Earnings before Tax. This will be 1 when a company does not pay income tax.
Tax Efficiency  10 Years Trend  
Increasing
Slightly volatile
 Tax Efficiency 
      Timeline 

Reliance Steel Tax Efficiency Over Time

2016-12-31  0.73 
2017-12-31  0.73 
2018-12-31  0.75 
 

Regression Statistics

Arithmetic Mean  0.68
Geometric Mean  0.68
Coefficient Of Variation  6.99
Mean Deviation  0.036613
Median  0.68
Standard Deviation  0.047765
Sample Variance  0.002281
Range  0.16
R Value  0.71
Mean Square Error  0.001242
R Squared  0.50
Significance  0.006779
Slope  0.008683
Total Sum of Squares  0.027378

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