What is the equity of Reliance this year?
Reliance has equity of 7.72 B USD this year.
Reliance Equity 2024
Reliance Equity
7.72 B USD
Ticker
RS
ISIN
US7595091023
WKN
892629
In 2024, Reliance's equity was 7.72 B USD, a 8.96% increase from the 7.09 B USD equity in the previous year.
Reliance Aktienanalyse
What does Reliance do?
Reliance Steel & Aluminum Co is one of the largest companies in steel and aluminum distribution worldwide. The company is based in Los Angeles, California, and has been in business since 1939. Reliance Steel & Aluminum Co started as a one-man operation and has grown over the years to a company with over $11 billion in revenue and approximately 300 locations in 40 countries worldwide. The company has been listed on the New York Stock Exchange since 1994. The company's business model is based on selling steel and aluminum products to various industries such as construction, aerospace, defense, automotive, oil and gas, and many more. Reliance Steel & Aluminum Co offers a wide range of products including sheets, bars, pipes, extruded profiles, stainless steel, carbon steel, aluminum, and many other types of metals and alloys. The company has divided itself into different business segments to offer a wider range of products and services to its customers. These business segments include: - Carbon Steel: This segment includes most of the products the company offers, including pipes, bars, and sheets made of carbon steel. - Stainless Steel: This segment refers to all products made of stainless steel. Reliance is one of the largest suppliers of stainless steel components in North America. - Aluminum: Aluminum is an important component of many products the company offers. Reliance offers a wide range of aluminum products such as plates, pipes, and bars. - Specialty Metals: This business segment includes highly specialized alloys and metals such as titanium, Inconel, and Monel. The products in this segment are more expensive than traditional steel and aluminum products, but they have special properties that are essential for certain applications. The company also offers services such as cutting, shaping, and surface processing. Reliance Steel & Aluminum Co has an excellent reputation for the quality of its products and services and is known for its fast and reliable deliveries. Over the years, Reliance Steel & Aluminum Co has carried out several acquisitions and mergers to accelerate its growth and expand its product range. Some notable acquisitions include the purchase of Metals USA in 2013 for more than $1.2 billion and the purchase of Earle M. Jorgensen Company in 2006 for approximately $1.1 billion. The company also has a strong presence in other countries, particularly in Europe and Asia. Reliance Steel & Aluminum Co has strengthened its presence on the continent in recent years through the acquisition of companies in Europe. The company also has branches in Mexico, Canada, and Australia. Overall, Reliance Steel & Aluminum Co has become one of the leading companies in steel and aluminum distribution through its wide range of products, quality products and services, fast delivery times, and strong growth. Reliance ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Reliance's Equity
Reliance's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Reliance's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Reliance's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Reliance's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Reliance’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Reliance stock
What was the equity of Reliance compared to the previous year?
The equity of Reliance has increased/decreased by 8.96% increased compared to the previous year.
What impact does a high equity have on investors of Reliance?
A high equity is advantageous for investors of Reliance as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Reliance?
A low equity can be a risk for investors of Reliance, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Reliance affect the company?
An increase in equity of Reliance can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Reliance affect the company?
A reduction in equity of Reliance can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Reliance?
Some factors that can affect the equity of Reliance include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Reliance so important for investors?
The equity of Reliance is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Reliance take to change the equity?
To change equity, Reliance can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Reliance pay?
Over the past 12 months, Reliance paid a dividend of 4 USD . This corresponds to a dividend yield of about 1.4 %. For the coming 12 months, Reliance is expected to pay a dividend of 4.86 USD.
What is the dividend yield of Reliance?
The current dividend yield of Reliance is 1.4 %.
When does Reliance pay dividends?
Reliance pays a quarterly dividend. This is distributed in the months of December, April, June, September.
How secure is the dividend of Reliance?
Reliance paid dividends every year for the past 23 years.
What is the dividend of Reliance?
For the upcoming 12 months, dividends amounting to 4.86 USD are expected. This corresponds to a dividend yield of 1.71 %.
In which sector is Reliance located?
Reliance is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Reliance kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Reliance from 8/30/2024 amounting to 1.1 USD, you needed to have the stock in your portfolio before the ex-date on 8/16/2024.
When did Reliance pay the last dividend?
The last dividend was paid out on 8/30/2024.
What was the dividend of Reliance in the year 2023?
In the year 2023, Reliance distributed 3.5 USD as dividends.
In which currency does Reliance pay out the dividend?
The dividends of Reliance are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von Reliance
Our stock analysis for Reliance Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Reliance Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
