Reliance Steel & Aluminum Co (RS) Financials

The income statement of Reliance Steel & Aluminum Co (RS) provides a snapshot of the company's profitability over a specific period. It shows the revenue generated, expenses incurred, and resulting net income. For RS, the income statement reflects the financial performance for a given time frame. The EBIT (earnings before interest and taxes) focuses on a company's operating profitability by excluding interest and taxes from the equation. It gives investors an idea of the company's core income-generating ability. EBITDA (earnings before interest, taxes, depreciation, and amortization) further removes depreciation and amortization expenses to evaluate the company's cash flow generation capacity. Gross profit is the revenue minus the cost of goods sold. It represents the basic profitability of the company's core operations.

Net income from stockholders represents the profit generated by the company that belongs to the shareholders. It accounts for dividends and retained earnings. Total revenue is the sum of all income generated from the company's various operations, including sales of goods or services. Moving to the balance sheet, it provides a snapshot of a company's financial position at a specific point in time. Cash equivalents on the balance sheet represent highly liquid assets that can be easily converted into cash. Net debt is calculated by subtracting a company's cash and cash equivalents from its total debt, giving an indication of its financial leverage. Stockholders' equity represents the company's net worth, obtained by subtracting total liabilities from total assets. Total assets comprise a company's resources, including cash, investments, property, and equipment. On the other hand, total debt represents the money a company owes to its creditors. It includes both short-term and long-term borrowings. Total liabilities represent all the obligations a company has, including debts, loans, and other financial obligations. The cash flow statement describes how cash moves in and out of a company over a specific period. It provides insights into the company's ability to generate cash and manage its cash flow. The financing cash flow reflects the movement of cash related to equity issuances, dividend payments, and debt financing. Free cash flow is the cash remaining after deducting capital expenditures from operating cash flow and is a measure of a company's ability to generate cash for growth or returning to shareholders. Investing cash flow indicates the movement of cash related to investments in property, plant, and equipment, as well as acquisitions or sale of investments or subsidiaries. Finally, operating cash flow shows the cash generated by a company's core operations, excluding capital expenditures and other financial activities.