Reliance Historical Cash Flow
| RS Stock | USD 313.94 5.60 1.75% |
Analysis of Reliance Steel cash flow over time is an excellent tool to project Reliance Steel Aluminum future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Non Cash Items of 12.2 M or Dividends Paid of 250 M as it is a great indicator of Reliance Steel ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Reliance Steel Aluminum latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Reliance Steel Aluminum is a good buy for the upcoming year.
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About Reliance Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Reliance balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Reliance's non-liquid assets can be easily converted into cash.
Reliance Steel Cash Flow Chart
Reliance Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the Reliance Steel Aluminum Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At this time, Reliance Steel's End Period Cash Flow is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 68.2 M in 2024, despite the fact that Change To Inventory is likely to grow to (39.4 M). Add Fundamental
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Capital Expenditures
Capital Expenditures are funds used by Reliance Steel Aluminum to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Reliance Steel operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Reliance Steel Aluminum financial statement analysis. It represents the amount of money remaining after all of Reliance Steel Aluminum operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Reliance Steel's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Reliance Steel Aluminum current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Steel Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Reliance Steel's End Period Cash Flow is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 68.2 M in 2024, despite the fact that Change To Inventory is likely to grow to (39.4 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 236.6M | 341.8M | 468.8M | 492.2M | Dividends Paid | 177M | 217.1M | 238.1M | 250.0M |
Reliance Steel cash flow statement Correlations
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Reliance Steel Account Relationship Matchups
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Reliance Steel cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 211.8M | 227.5M | (505.9M) | 58.9M | (41.5M) | (39.4M) | |
| Change In Cash | 46.1M | 509.2M | (383M) | 872.9M | (93.2M) | (88.5M) | |
| Free Cash Flow | 1.1B | 1.0B | 562.8M | 1.8B | 1.2B | 1.3B | |
| Change In Working Capital | 279.3M | 400.3M | (909.7M) | (55M) | 1.9M | 2.0M | |
| Begin Period Cash Flow | 128.2M | 174.3M | 683.5M | 300.5M | 1.2B | 1.2B | |
| Other Cashflows From Financing Activities | (21.4M) | (40.4M) | (26.9M) | (42.7M) | (56.4M) | (53.6M) | |
| Depreciation | 219.3M | 227.3M | 230.2M | 240.2M | 245.4M | 124.3M | |
| Other Non Cash Items | 13.1M | 144.5M | 14.5M | 30.6M | 6.9M | 12.2M | |
| Dividends Paid | 151.3M | 164.1M | 177M | 217.1M | 238.1M | 250.0M | |
| Capital Expenditures | 242.2M | 172M | 236.6M | 341.8M | 468.8M | 492.2M | |
| Total Cash From Operating Activities | 1.3B | 1.2B | 799.4M | 2.1B | 1.7B | 1.8B | |
| Net Income | 706.1M | 372.4M | 1.4B | 1.8B | 1.3B | 1.4B | |
| Total Cash From Financing Activities | (840.6M) | (483M) | (528.9M) | (892.6M) | (1.3B) | (1.2B) | |
| End Period Cash Flow | 174.3M | 683.5M | 300.5M | 1.2B | 1.1B | 1.1B | |
| Stock Based Compensation | 51.2M | 42.2M | 70.8M | 65.3M | 65M | 68.3M | |
| Change To Account Receivables | 178.1M | 136.8M | (656.1M) | 105.7M | 95.6M | 100.4M | |
| Other Cashflows From Investing Activities | (176.9M) | (16.4M) | (12.4M) | (6.7M) | (7.7M) | (8.1M) | |
| Change To Liabilities | (142.5M) | (43.4M) | 226.1M | (237M) | (213.3M) | (202.6M) | |
| Change Receivables | (153.3M) | 178.1M | 136.8M | (656.1M) | (590.5M) | (561.0M) | |
| Net Borrowings | (617.9M) | 52.4M | (1.5M) | (2.5M) | (2.3M) | (2.4M) | |
| Total Cashflows From Investing Activities | (419.1M) | (188.4M) | (652.3M) | (348.5M) | (400.8M) | (420.8M) | |
| Cash And Cash Equivalents Changes | (20.3M) | 41.8M | 501.6M | (381.8M) | (439.1M) | (417.1M) | |
| Cash Flows Other Operating | (14M) | 31.9M | 79.4M | 26.2M | 30.1M | 20.4M | |
| Change To Netincome | 96.8M | 173M | 65.9M | 93.3M | 107.3M | 112.7M | |
| Investments | (419.1M) | (188.4M) | (652.3M) | (348.5M) | (471.9M) | (448.3M) | |
| Change To Operating Activities | 31.9M | 79.4M | 26.2M | 17.4M | 20.0M | 19.8M |
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When determining whether Reliance Steel Aluminum is a strong investment it is important to analyze Reliance Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Steel's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Steel Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
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When running Reliance Steel's price analysis, check to measure Reliance Steel'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 Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.
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Is Reliance Steel'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 Reliance Steel. If investors know Reliance 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 Reliance Steel 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 (0.20) | Dividend Share 4 | Earnings Share 22.66 | Revenue Per Share 253.839 | Quarterly Revenue Growth (0.08) |
The market value of Reliance Steel Aluminum is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Steel's value that differs from its market value or its book value, called intrinsic value, which is Reliance Steel'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 Reliance Steel's market value can be influenced by many factors that don't directly affect Reliance Steel'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 Reliance Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Steel'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.