Ryerson Deferred Long Term Liab vs Total Assets Analysis

RYI Stock  USD 25.70  0.20  0.78%   
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 Deferred Long Term Liab and its Total Assets 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 closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Deferred Long Term Liab vs Total Assets

Deferred Long Term Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryerson Holding Corp Deferred Long Term Liab account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ryerson Holding's Deferred Long Term Liab and Total Assets is 0.73. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Assets 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 Deferred Long Term Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Ryerson Holding Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Deferred Long Term Liab i.e., Ryerson Holding's Deferred Long Term Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Total Assets

Total assets refers to the total amount of Ryerson Holding assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ryerson Holding Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 closely tied with the direction of predictive economic indicators such as signals in manufacturing.
As of now, Ryerson Holding's Selling General Administrative is increasing as compared to previous years. The Ryerson Holding's current Sales General And Administrative To Revenue is estimated to increase to 0.13, while Tax Provision is projected to decrease to under 36.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.3B1.0B772.0M
Total Revenue5.7B6.3B5.1B4.5B

Ryerson Holding fundamental ratios Correlations

0.20.830.440.050.450.79-0.16-0.36-0.110.680.90.380.43-0.1-0.50.720.4-0.04-0.410.68-0.26-0.390.7-0.35-0.26
0.20.16-0.530.69-0.5-0.180.320.380.65-0.340.320.770.34-0.08-0.290.3-0.590.610.64-0.28-0.570.62-0.130.70.3
0.830.160.52-0.210.490.8-0.37-0.22-0.340.590.80.090.070.1-0.110.320.34-0.19-0.380.660.06-0.350.63-0.29-0.41
0.44-0.530.52-0.630.990.54-0.41-0.41-0.920.610.33-0.59-0.390.320.28-0.050.44-0.53-0.730.80.49-0.690.74-0.45-0.43
0.050.69-0.21-0.63-0.57-0.340.510.240.72-0.450.120.830.55-0.31-0.520.45-0.250.570.47-0.43-0.610.43-0.320.360.45
0.45-0.50.490.99-0.570.49-0.38-0.4-0.890.60.34-0.54-0.370.340.260.010.42-0.47-0.690.820.45-0.660.77-0.41-0.41
0.79-0.180.80.54-0.340.49-0.26-0.56-0.340.870.610.030.35-0.23-0.410.460.43-0.49-0.730.66-0.16-0.70.53-0.55-0.34
-0.160.32-0.37-0.410.51-0.38-0.260.290.4-0.29-0.30.350.41-0.43-0.40.11-0.20.410.06-0.38-0.46-0.03-0.30.220.99
-0.360.38-0.22-0.410.24-0.4-0.560.290.27-0.55-0.290.07-0.220.170.26-0.28-0.250.620.54-0.350.120.51-0.170.410.36
-0.110.65-0.34-0.920.72-0.89-0.340.40.27-0.460.010.820.63-0.43-0.540.37-0.340.590.65-0.68-0.690.62-0.590.360.37
0.68-0.340.590.61-0.450.60.87-0.29-0.55-0.460.4-0.170.180.01-0.250.450.32-0.56-0.720.82-0.07-0.690.71-0.44-0.34
0.90.320.80.330.120.340.61-0.3-0.290.010.40.460.34-0.06-0.40.620.350.13-0.160.46-0.2-0.130.5-0.26-0.39
0.380.770.09-0.590.83-0.540.030.350.070.82-0.170.460.8-0.49-0.770.69-0.180.510.38-0.32-0.820.36-0.220.230.25
0.430.340.07-0.390.55-0.370.350.41-0.220.630.180.340.8-0.83-0.990.70.080.15-0.14-0.2-0.89-0.17-0.2-0.180.29
-0.1-0.080.10.32-0.310.34-0.23-0.430.17-0.430.01-0.06-0.49-0.830.8-0.23-0.120.00.290.430.690.320.480.3-0.33
-0.5-0.29-0.110.28-0.520.26-0.41-0.40.26-0.54-0.25-0.4-0.77-0.990.8-0.75-0.15-0.120.230.10.860.250.10.24-0.27
0.720.30.32-0.050.450.010.460.11-0.280.370.450.620.690.7-0.23-0.750.210.16-0.120.32-0.6-0.120.36-0.170.0
0.4-0.590.340.44-0.250.420.43-0.2-0.25-0.340.320.35-0.180.08-0.12-0.150.21-0.16-0.590.350.38-0.570.31-0.94-0.23
-0.040.61-0.19-0.530.57-0.47-0.490.410.620.59-0.560.130.510.150.0-0.120.16-0.160.64-0.34-0.190.61-0.150.390.42
-0.410.64-0.38-0.730.47-0.69-0.730.060.540.65-0.72-0.160.38-0.140.290.23-0.12-0.590.64-0.57-0.091.0-0.420.730.12
0.68-0.280.660.8-0.430.820.66-0.38-0.35-0.680.820.46-0.32-0.20.430.10.320.35-0.34-0.570.28-0.540.96-0.31-0.39
-0.26-0.570.060.49-0.610.45-0.16-0.460.12-0.69-0.07-0.2-0.82-0.890.690.86-0.60.38-0.19-0.090.28-0.060.26-0.26-0.35
-0.390.62-0.35-0.690.43-0.66-0.7-0.030.510.62-0.69-0.130.36-0.170.320.25-0.12-0.570.611.0-0.54-0.06-0.40.710.03
0.7-0.130.630.74-0.320.770.53-0.3-0.17-0.590.710.5-0.22-0.20.480.10.360.31-0.15-0.420.960.26-0.4-0.2-0.3
-0.350.7-0.29-0.450.36-0.41-0.550.220.410.36-0.44-0.260.23-0.180.30.24-0.17-0.940.390.73-0.31-0.260.71-0.20.26
-0.260.3-0.41-0.430.45-0.41-0.340.990.360.37-0.34-0.390.250.29-0.33-0.270.0-0.230.420.12-0.39-0.350.03-0.30.26
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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 Liab110.3M119M202.2M(34.2M)131.8M129.4M
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 Assets52.2M47.8M57.6M661.1M60.1M81.0M
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 Receivables425.1M389.7M652.1M(57.2M)486.5M332.9M
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 Debt70.1M43.5M67.6M38.1M38.7M44.3M
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

Currently Active Assets on Macroaxis

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 closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is 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 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
(0.73)
Dividend Share
0.748
Earnings Share
0.63
Revenue Per Share
139.339
Quarterly Revenue Growth
(0.1)
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.