Steve Allen - Rio Tinto Joint Company Secretary

RIO Stock  USD 60.56  0.15  0.25%   

Executive

Mr. Steve Allen is Joint Company Secretary of the Company. He is joint company secretary of Rio Tinto Limited. Before joining Rio Tinto, Steve was deputy general counsel at BG Group plc. He served as company secretary of BG Group from 2011 to 2016, having previously been chief counsel, Corporationrationrate, from 2008 to 2011. Before joining BG Group in 2005, Steve was a corporate lawyer for Herbert Smith LLP in London. Current external appointments Member of the GC100 Executive Committee and Corporationrationrate Governance Council. since 2017.
Age 49
Tenure 8 years
Address 6 St James?s Square, London, United Kingdom, SW1Y 4AD
Phone44 20 7781 2000
Webhttps://www.riotinto.com

Rio Tinto Management Efficiency

The company has Return on Asset of 0.0848 % which means that on every $100 spent on assets, it made $0.0848 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2025 %, implying that it generated $0.2025 on every 100 dollars invested. Rio Tinto's management efficiency ratios could be used to measure how well Rio Tinto manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of March 2025, Return On Tangible Assets is likely to drop to 0.07. In addition to that, Return On Capital Employed is likely to drop to 0.17. At this time, Rio Tinto's Intangible Assets are very stable compared to the past year. As of the 1st of March 2025, Intangibles To Total Assets is likely to grow to 0.04, while Total Assets are likely to drop about 60.5 B.
Rio Tinto ADR has 13.86 B in debt with debt to equity (D/E) ratio of 0.23, which may show that the company is not taking advantage of profits from borrowing. Rio Tinto ADR has a current ratio of 1.75, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Rio to invest in growth at high rates of return.

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Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom. Rio Tinto is traded on New York Stock Exchange in the United States. Rio Tinto ADR (RIO) is traded on New York Stock Exchange in USA. It is located in 6 St James?s Square, London, United Kingdom, SW1Y 4AD and employs 60,000 people. Rio Tinto is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Rio Tinto ADR Leadership Team

Elected by the shareholders, the Rio Tinto's board of directors comprises two types of representatives: Rio Tinto inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rio. The board's role is to monitor Rio Tinto's management team and ensure that shareholders' interests are well served. Rio Tinto's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rio Tinto's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tim Paine, Joint Company Secretary
Stephen McIntosh, Other - Group Executive, Growth and Innovation and Health, Safety and Environment
MS MS, CEO Director
Simon Thompson, Executive Chairman of the Board
Barbara Levi, Chief Legal Officer and External Affairs
Physics MSc, Chief Officer
David Constable, Independent Non-Executive Director
Ting Ho, Director Relations
Dominic Barton, Non-Executive Director
Ivan Vella, Chief Executive - Rio Tinto Aluminium
Michael LEstrange, Independent Non-Executive Director
Alfredo Barrios, Chief Executive of Rio Tinto Aluminium
Simon Henry, Independent Non-Executive Director
Tom Gallop, General Relations
Peter BA, CFO Director
Chris Salisbury, Chief Executive of Rio Tinto’s Iron Ore Group
Megan Clark, Independent Non-Executive Director
BEc FCIS, Joint Secretary
Benjamin Wyatt, Independent Non-Executive Director
Jakob MS, CEO Director
Vivek Tulpule, Head Markets
Kellie Parker, Chief Executive - Australia
James Martin, Chief People Officer
BSc GAICD, Chief Ore
Jerome Pecresse, President Aluminium
Katie Jackson, Chief Business
Simon McKeon, Non-Executive Independent Director
Mark Davies, Group Executive - Safety, Technical and Projects
Dave Andrews, Head Exploration
Peter Toth, Group Executive - Strategy and Development
Sam Laidlaw, Senior Independent Non-Executive Director
Bold Baatar, Chief Executive - Energy & Minerals
Jakob Stausholm, Chief Executive Officer, Chief Financial Officer, Executive Director
Steve Allen, Joint Company Secretary
Georgie Bezette, Chief Officer
Simone Niven, Group Executive - Corporate Relations
Jennifer Nason, Non-Executive Independent Director
Hinda Gharbi, Non-Executive Independent Director
Vera Kirikova, Group Executive - Human Resources
Peter Cunningham, Interim Chief Financial Officer
Nigel Steward, Asset Processing
Ngaire Woods, Non-Executive Independent Director
Isabelle Deschamps, Chief Legal Officer and External Affairs
Menno Sanderse, Head Relations
Sinead Kaufman, Chief Executive - Rio Tinto Minerals
Arnaud Soirat, Chief Executive - Copper & Diamonds
Simon Trott, Chief Executive - Rio Tinto Iron Ore
Andy Hodges, Group Secretary
JeanSebastien Jacques, Chief Executive, Executive Director

Rio Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Rio Tinto a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Rio Tinto

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rio Tinto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rio Tinto will appreciate offsetting losses from the drop in the long position's value.

Moving together with Rio Stock

  0.83VALE Vale SA ADRPairCorr

Moving against Rio Stock

  0.36IPX IperionX Limited AmericanPairCorr
  0.33NMG Nouveau Monde GraphitePairCorr
The ability to find closely correlated positions to Rio Tinto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rio Tinto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rio Tinto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rio Tinto ADR to buy it.
The correlation of Rio Tinto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rio Tinto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rio Tinto ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rio Tinto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Rio Tinto ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rio Tinto'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 Rio Tinto Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rio Tinto Adr Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Diversified Metals & Mining space 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 Rio Tinto. If investors know Rio 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 Rio Tinto 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
0.161
Dividend Share
4.02
Earnings Share
7.07
Revenue Per Share
33.059
Quarterly Revenue Growth
(0.02)
The market value of Rio Tinto ADR is measured differently than its book value, which is the value of Rio that is recorded on the company's balance sheet. Investors also form their own opinion of Rio Tinto's value that differs from its market value or its book value, called intrinsic value, which is Rio Tinto'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 Rio Tinto's market value can be influenced by many factors that don't directly affect Rio Tinto'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 Rio Tinto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rio Tinto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rio Tinto'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.