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Reliance (Reliance) Scaled Net Operating Assets : 0.80 (As of Mar. 2024)


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What is Reliance Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Reliance's operating assets for the quarter that ended in Mar. 2024 was $9,777 Mil. Reliance's operating liabilities for the quarter that ended in Mar. 2024 was $1,393 Mil. Reliance's Total Assets for the quarter that ended in Dec. 2023 was $10,480 Mil. Therefore, Reliance's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.80.


Reliance Scaled Net Operating Assets Historical Data

The historical data trend for Reliance's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reliance Scaled Net Operating Assets Chart

Reliance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.77 0.95 0.82 0.78

Reliance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.80 0.78 0.77 0.80

Competitive Comparison of Reliance's Scaled Net Operating Assets

For the Steel subindustry, Reliance's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reliance's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Reliance's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Reliance's Scaled Net Operating Assets falls into.



Reliance Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Reliance's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(9400.1-1370.2)/10329.9
=0.78

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10480.3 - 1080.2
=9400.1

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2747.5 - 1320.8 - 56.5
=1370.2

Reliance's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(9777.3-1392.5)/10480.3
=0.80

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10712.2 - 934.9
=9777.3

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2769.5 - 1320.4 - 56.6
=1392.5

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reliance Scaled Net Operating Assets Related Terms

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Reliance (Reliance) Business Description

Industry
Traded in Other Exchanges
Address
16100 N. 71st Street, Suite 400, Scottsdale, AZ, USA, 85254
Reliance Steel & Aluminum Co is a metal service center in the United States, providing metal processing and inventory management services for carbon and stainless steel, aluminum, and alloys. Reliance predominantly supplies the nonresidential construction, automotive, aerospace, energy, transportation, and heavy equipment end markets. Its product offerings comprise alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products.
Executives
Michael R Hynes officer: Sr. VP, Operations C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
James Donald Hoffman director, officer: CEO C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Karla R Lewis director, officer: President C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Jeffrey Wayne Durham officer: Sr. VP, Operations C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Mark V Kaminski director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Smith William A Ii officer: SVP, General Counsel, Corp Sec C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Sean Michael Mollins officer: SVP, Operations 350 SOUTH GRAND AVENUE, SUITE 5100, LOS ANGELES CA 90071
Arthur Ajemyan officer: VP, CFO C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Stephen Paul Koch officer: Sr. VP, Operations C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
David W Seeger director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Karen Winifred Colonias director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
John G. Figueroa director 350 SOUTH GRAND AVENUE, SUITE 5100, LOS ANGELES CA 90071
Robert Ambrose Mcevoy director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Lisa Baldwin director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Douglas Stotlar director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254

Reliance (Reliance) Headlines

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