Russel Metals Stock

Russel Metals Liabilities 2024

Russel Metals Liabilities

930.2 M CAD

Ticker

RUS.TO

ISIN

CA7819036046

WKN

856568

In 2024, Russel Metals's total liabilities amounted to 930.2 M CAD, a -1.84% difference from the 947.6 M CAD total liabilities in the previous year.

Russel Metals Aktienanalyse

What does Russel Metals do?

Russel Metals Inc is a Canadian company headquartered in Mississauga, Ontario. It was founded in 1929 and has since become one of the leading steel and metal distributors in North America. The main business areas of Russel Metals include procurement, processing, and sales of steel and metal products. The company operates in three main divisions: Service Center, Energy Products, and Steel Distribution. The Service Center division offers a wide range of products, including carbon steels and stainless steels. The Energy Products division specializes in pipeline products, while the Steel Distribution division focuses on selling steel products in the North American market. Russel Metals offers a variety of products, including bars, channels, pipes, plates, structures, sheets, and coils. The company also provides specialty and custom products and services such as cutting, drilling, punching, and bending. Over the years, Russel Metals has expanded its presence in North America through acquisitions and strategic takeovers. The company has made several acquisitions in recent years, including the purchase of Apex Distribution in 2015 and Leroux Steel in 2016. These acquisitions have helped Russel Metals expand its market presence in North America and diversify its business. Russel Metals places a strong emphasis on sustainability and is committed to environmentally friendly business practices. The company has taken measures to improve its energy and resource efficiency and is working to reduce its ecological footprint. Russel Metals also prioritizes customer orientation and works closely with its clients to provide tailored solutions that meet their specific requirements. Overall, Russel Metals is a leading steel and metal distributor in North America that strengthens its position through strategic acquisitions, excellent customer service, and a wide portfolio of high-quality products and services. The company has a strong presence in various markets, including construction, oil and gas industry, mining, and transportation, and is well positioned for further growth and expansion. Russel Metals ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Russel Metals's Liabilities

Russel Metals's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Russel Metals's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Russel Metals's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Russel Metals's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Russel Metals’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Russel Metals stock

What is the level of liabilities of Russel Metals this year?

Russel Metals has a debt balance of 930.2 M CAD this year.

What were the liabilities of Russel Metals compared to the previous year?

The liabilities of Russel Metals have increased by -1.84% dropped compared to the previous year.

What are the consequences of high debt for investors of Russel Metals?

High liabilities can pose a risk for investors of Russel Metals, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Russel Metals?

Low liabilities mean that Russel Metals has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Russel Metals affect the company?

An increase in liabilities of Russel Metals can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Russel Metals affect the company?

A decrease in the liabilities of Russel Metals can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Russel Metals?

Some factors that can influence the liabilities of Russel Metals include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Russel Metals so important for investors?

The liabilities of Russel Metals are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Russel Metals take to modify the liabilities?

To change its liabilities, Russel Metals can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Russel Metals pay?

Over the past 12 months, Russel Metals paid a dividend of 1.58 CAD . This corresponds to a dividend yield of about 4.07 %. For the coming 12 months, Russel Metals is expected to pay a dividend of 1.66 CAD.

What is the dividend yield of Russel Metals?

The current dividend yield of Russel Metals is 4.07 %.

When does Russel Metals pay dividends?

Russel Metals pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Russel Metals?

Russel Metals paid dividends every year for the past 23 years.

What is the dividend of Russel Metals?

For the upcoming 12 months, dividends amounting to 1.66 CAD are expected. This corresponds to a dividend yield of 4.28 %.

In which sector is Russel Metals located?

Russel Metals is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Russel Metals kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Russel Metals from 9/16/2024 amounting to 0.42 CAD, you needed to have the stock in your portfolio before the ex-date on 8/28/2024.

When did Russel Metals pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of Russel Metals in the year 2023?

In the year 2023, Russel Metals distributed 1.52 CAD as dividends.

In which currency does Russel Metals pay out the dividend?

The dividends of Russel Metals are distributed in CAD.

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Andere Kennzahlen von Russel Metals

Our stock analysis for Russel Metals 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 Russel Metals Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.