Ryerson Minority Interest vs Interest Expense Analysis

RYI Stock  USD 22.95  0.99  4.14%   
Ryerson Holding financial indicator trend analysis is much more than just breaking down Ryerson Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ryerson Holding Corp is a good investment. Please check the relationship between Ryerson Holding Minority Interest and its Interest Expense accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryerson Holding Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Minority Interest vs Interest Expense

Minority Interest vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryerson Holding Corp Minority Interest account and Interest Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ryerson Holding's Minority Interest and Interest Expense is -0.35. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Ryerson Holding Corp, assuming nothing else is changed. The correlation between historical values of Ryerson Holding's Minority Interest and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Ryerson Holding Corp are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Minority Interest i.e., Ryerson Holding's Minority Interest and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Ryerson Holding Corp whose combined shares represent less than 50% of the total outstanding shares issued by Ryerson Holding have a minority interest in Ryerson Holding.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Ryerson Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ryerson Holding Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Ryerson Holding Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
As of now, Ryerson Holding's Enterprise Value Multiple is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.3B1.0B772.0M
Total Revenue5.7B6.3B5.1B4.5B

Ryerson Holding fundamental ratios Correlations

0.280.830.440.050.450.79-0.16-0.36-0.110.680.90.380.43-0.1-0.50.720.91-0.04-0.410.68-0.26-0.390.7-0.35-0.26
0.280.23-0.520.72-0.49-0.130.310.390.66-0.360.430.820.39-0.13-0.350.350.090.670.6-0.28-0.530.58-0.130.540.28
0.830.230.52-0.210.490.8-0.37-0.22-0.340.590.80.090.070.1-0.110.320.77-0.19-0.380.660.06-0.350.63-0.29-0.41
0.44-0.520.52-0.630.990.54-0.41-0.41-0.920.610.33-0.59-0.390.320.28-0.050.42-0.53-0.730.80.49-0.690.74-0.45-0.43
0.050.72-0.21-0.63-0.57-0.340.510.240.72-0.450.120.830.55-0.31-0.520.45-0.050.570.47-0.43-0.610.43-0.320.360.45
0.45-0.490.490.99-0.570.49-0.38-0.4-0.890.60.34-0.54-0.370.340.260.010.41-0.47-0.690.820.45-0.660.77-0.41-0.41
0.79-0.130.80.54-0.340.49-0.26-0.56-0.340.870.610.030.35-0.23-0.410.460.9-0.49-0.730.66-0.16-0.70.53-0.55-0.34
-0.160.31-0.37-0.410.51-0.38-0.260.290.4-0.29-0.30.350.41-0.43-0.40.11-0.150.410.06-0.38-0.46-0.03-0.30.220.99
-0.360.39-0.22-0.410.24-0.4-0.560.290.27-0.55-0.290.07-0.220.170.26-0.28-0.420.620.54-0.350.120.51-0.170.410.36
-0.110.66-0.34-0.920.72-0.89-0.340.40.27-0.460.010.820.63-0.43-0.540.37-0.140.590.65-0.68-0.690.62-0.590.360.37
0.68-0.360.590.61-0.450.60.87-0.29-0.55-0.460.4-0.170.180.01-0.250.450.71-0.56-0.720.82-0.07-0.690.71-0.44-0.34
0.90.430.80.330.120.340.61-0.3-0.290.010.40.460.34-0.06-0.40.620.780.13-0.160.46-0.2-0.130.5-0.26-0.39
0.380.820.09-0.590.83-0.540.030.350.070.82-0.170.460.8-0.49-0.770.690.30.510.38-0.32-0.820.36-0.220.230.25
0.430.390.07-0.390.55-0.370.350.41-0.220.630.180.340.8-0.83-0.990.70.530.15-0.14-0.2-0.89-0.17-0.2-0.180.29
-0.1-0.130.10.32-0.310.34-0.23-0.430.17-0.430.01-0.06-0.49-0.830.8-0.23-0.330.00.290.430.690.320.480.3-0.33
-0.5-0.35-0.110.28-0.520.26-0.41-0.40.26-0.54-0.25-0.4-0.77-0.990.8-0.75-0.6-0.120.230.10.860.250.10.24-0.27
0.720.350.32-0.050.450.010.460.11-0.280.370.450.620.690.7-0.23-0.750.670.16-0.120.32-0.6-0.120.36-0.170.0
0.910.090.770.42-0.050.410.9-0.15-0.42-0.140.710.780.30.53-0.33-0.60.67-0.16-0.620.59-0.28-0.60.53-0.58-0.25
-0.040.67-0.19-0.530.57-0.47-0.490.410.620.59-0.560.130.510.150.0-0.120.16-0.160.64-0.34-0.190.61-0.150.390.42
-0.410.6-0.38-0.730.47-0.69-0.730.060.540.65-0.72-0.160.38-0.140.290.23-0.12-0.620.64-0.57-0.091.0-0.420.730.12
0.68-0.280.660.8-0.430.820.66-0.38-0.35-0.680.820.46-0.32-0.20.430.10.320.59-0.34-0.570.28-0.540.96-0.31-0.39
-0.26-0.530.060.49-0.610.45-0.16-0.460.12-0.69-0.07-0.2-0.82-0.890.690.86-0.6-0.28-0.19-0.090.28-0.060.26-0.26-0.35
-0.390.58-0.35-0.690.43-0.66-0.7-0.030.510.62-0.69-0.130.36-0.170.320.25-0.12-0.60.611.0-0.54-0.06-0.40.710.03
0.7-0.130.630.74-0.320.770.53-0.3-0.17-0.590.710.5-0.22-0.20.480.10.360.53-0.15-0.420.960.26-0.4-0.2-0.3
-0.350.54-0.29-0.450.36-0.41-0.550.220.410.36-0.44-0.260.23-0.180.30.24-0.17-0.580.390.73-0.31-0.260.71-0.20.26
-0.260.28-0.41-0.430.45-0.41-0.340.990.360.37-0.34-0.390.250.29-0.33-0.270.0-0.250.420.12-0.39-0.350.03-0.30.26
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Ryerson Holding Account Relationship Matchups

Ryerson Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B1.8B2.4B2.3B2.6B2.1B
Other Current Liab110.3M117.2M201M36.3M115.7M131.7M
Total Current Liabilities491.9M527.6M751M619.2M633.9M504.7M
Total Stockholder Equity172.6M138.8M537.2M885.1M905.9M951.2M
Other Liab286.7M310.2M274.7M233.8M268.9M375.2M
Retained Earnings99.6M33.8M321.7M692.5M813.2M853.9M
Accounts Payable311.5M365.1M481.2M438.4M463.4M285.9M
Cash11M61.4M51.2M39.2M54.3M57.0M
Other Assets2.7M115M6.9M13.7M12.3M11.7M
Long Term Debt932.6M726.2M610.5M361.2M428.3M406.9M
Inventory742.9M604.5M832.1M798.5M782.5M776.6M
Total Liab1.8B1.7B1.8B1.4B1.7B1.8B
Intangible Assets58.1M50.6M43.2M42.2M73.7M50.3M
Property Plant Equipment439.7M421.8M388.3M458.4M527.2M447.7M
Other Current Assets52.2M57.5M77.7M88.2M77.8M53.5M
Short Long Term Debt Total1.1B853.7M849M607.3M803.8M838.9M
Property Plant And Equipment Net567.9M530.1M599.4M698.9M939M578.9M
Net Debt1.1B792.3M797.8M568.1M749.5M788.4M
Non Current Assets Total741.5M698.7M772.6M892.7M1.2B804.8M
Non Currrent Assets Other2.7M5.1M6.9M(99.8M)15.7M8.7M
Cash And Short Term Investments11M61.4M51.2M39.2M54.3M50.5M
Net Receivables425.1M378.9M630.8M514.4M467.7M491.4M
Common Stock Shares Outstanding38.0M38.0M38.9M38.3M35.6M37.5M
Liabilities And Stockholders Equity2.0B1.8B2.4B2.3B2.6B2.2B
Non Current Liabilities Total1.4B1.1B1.1B822.1M1.0B1.1B
Other Stockholder Equity374.6M376.5M380.2M336.6M232.3M266.9M
Property Plant And Equipment Gross567.9M530.1M1.0B1.1B1.4B1.5B
Total Current Assets1.3B1.1B1.6B1.4B1.4B1.0B
Accumulated Other Comprehensive Income(302M)(271.9M)(165.1M)(144.4M)(140M)(147M)
Short Term Debt70.1M34.5M53.7M31M38.7M30.8M
Net Tangible Assets1.7M(24.7M)370.9M705M810.8M851.3M
Noncontrolling Interest In Consolidated Entity6M6.3M7.4M7.9M9.1M9.5M
Retained Earnings Total Equity99.6M33.8M321.7M692.5M796.4M836.2M

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When determining whether Ryerson Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ryerson Holding'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 Ryerson Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ryerson Holding Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryerson Holding Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Ryerson Holding's price analysis, check to measure Ryerson Holding'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 Ryerson Holding is operating at the current time. Most of Ryerson Holding's value examination focuses on studying past and present price action to predict the probability of Ryerson Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryerson Holding's price. Additionally, you may evaluate how the addition of Ryerson Holding to your portfolios can decrease your overall portfolio volatility.
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Is Ryerson Holding'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 Ryerson Holding. If investors know Ryerson 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 Ryerson Holding 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
(0.32)
Dividend Share
0.735
Earnings Share
2.61
Revenue Per Share
143.851
Quarterly Revenue Growth
(0.12)
The market value of Ryerson Holding Corp is measured differently than its book value, which is the value of Ryerson that is recorded on the company's balance sheet. Investors also form their own opinion of Ryerson Holding's value that differs from its market value or its book value, called intrinsic value, which is Ryerson Holding'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 Ryerson Holding's market value can be influenced by many factors that don't directly affect Ryerson Holding'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 Ryerson Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryerson Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryerson Holding'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.