Reliance Inc (RS)
316.23
+2.70
(+0.86%)
USD |
NYSE |
Nov 21, 16:00
316.23
0.00 (0.00%)
After-Hours: 20:00
Reliance Debt to Equity Ratio: 0.1724 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.1724 |
| June 30, 2024 | 0.15 |
| March 31, 2024 | 0.1441 |
| December 31, 2023 | 0.1479 |
| September 30, 2023 | 0.1478 |
| June 30, 2023 | 0.1499 |
| March 31, 2023 | 0.1563 |
| December 31, 2022 | 0.2325 |
| September 30, 2022 | 0.2407 |
| June 30, 2022 | 0.2404 |
| March 31, 2022 | 0.2523 |
| December 31, 2021 | 0.2706 |
| September 30, 2021 | 0.2809 |
| June 30, 2021 | 0.2923 |
| March 31, 2021 | 0.3079 |
| December 31, 2020 | 0.3216 |
| September 30, 2020 | 0.3262 |
| June 30, 2020 | 0.3011 |
| March 31, 2020 | 0.3755 |
| December 31, 2019 | 0.3051 |
| September 30, 2019 | 0.3239 |
| June 30, 2019 | 0.4068 |
| March 31, 2019 | 0.4529 |
| December 31, 2018 | 0.4717 |
| September 30, 2018 | 0.4144 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.4119 |
| March 31, 2018 | 0.4312 |
| December 31, 2017 | 0.4074 |
| September 30, 2017 | 0.4475 |
| June 30, 2017 | 0.4777 |
| March 31, 2017 | 0.4766 |
| December 31, 2016 | 0.465 |
| September 30, 2016 | 0.5107 |
| June 30, 2016 | 0.529 |
| March 31, 2016 | 0.5319 |
| December 31, 2015 | 0.4928 |
| September 30, 2015 | 0.5346 |
| June 30, 2015 | 0.5459 |
| March 31, 2015 | 0.595 |
| December 31, 2014 | 0.5616 |
| September 30, 2014 | 0.5651 |
| June 30, 2014 | 0.5273 |
| March 31, 2014 | 0.5401 |
| December 31, 2013 | 0.5443 |
| September 30, 2013 | 0.5632 |
| June 30, 2013 | 0.6287 |
| March 31, 2013 | 0.3155 |
| December 31, 2012 | 0.3393 |
| September 30, 2012 | 0.3935 |
| June 30, 2012 | 0.455 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.1441
Minimum
Mar 2024
0.3755
Maximum
Mar 2020
0.2408
Average
0.2465
Median
Debt to Equity Ratio Benchmarks
| Commercial Metals Co | 0.2767 |
| Friedman Industries Inc | 0.2785 |
| Radius Recycling Inc | 0.6656 |
| Steel Dynamics Inc | 0.4056 |
| Universal Stainless & Alloy Products Inc | 0.2735 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 10.30B |
| Total Liabilities (Quarterly) | 2.940B |
| Shareholders Equity (Quarterly) | 7.350B |
| Current Ratio | 3.310 |
| Net Debt Paydown Yield | -0.16% |