Russel Historical Financial Ratios
| RUS Stock | CAD 45.77 0.19 0.41% |
Russel Metals is promptly reporting on over 98 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 27.99, Free Cash Flow Yield of 0.15, Invested Capital of 0.0 or Operating Cash Flow Per Share of 7.88 will help investors to properly organize and evaluate Russel Metals financial condition quickly.
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About Russel Financial Ratios Analysis
Russel MetalsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Russel Metals investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Russel financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Russel Metals history.
Russel Metals Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Russel Metals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Russel Metals sales, a figure that is much harder to manipulate than other Russel Metals multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Russel Metals dividend as a percentage of Russel Metals stock price. Russel Metals dividend yield is a measure of Russel Metals stock productivity, which can be interpreted as interest rate earned on an Russel Metals investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Stock Based Compensation To Revenue
A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.Payout Ratio
Payout Ratio is the proportion of Russel Metals earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Russel Metals dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Russel Metals is paying out more in dividends than it makes in net income.Most ratios from Russel Metals' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Russel Metals current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Russel Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Russel Metals' Stock Based Compensation To Revenue is very stable compared to the past year. As of the 4th of December 2024, Capex To Depreciation is likely to grow to 1.21, while PTB Ratio is likely to drop 1.05.
| 2022 | 2024 (projected) | Dividend Yield | 0.0528 | 0.0411 | Price To Sales Ratio | 0.36 | 0.65 |
Russel Metals fundamentals Correlations
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Russel Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Russel Metals
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 Russel Metals 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 Russel Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Russel Stock
| 0.7 | ELF | E L Financial | PairCorr |
| 0.81 | TPX-B | Molson Coors Canada | PairCorr |
| 0.86 | FFH | Fairfax Financial | PairCorr |
Moving against Russel Stock
The ability to find closely correlated positions to Russel Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Russel Metals 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 Russel Metals - 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 Russel Metals to buy it.
The correlation of Russel Metals 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 Russel Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Russel Metals 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 Russel Metals 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.Other Information on Investing in Russel Stock
Russel MetalsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Russel Metals investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Russel financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Russel Metals history.