RELIANCE STEEL & AL (RS6.SG)
RELIANCE STEEL & AL (RS6.SG) operates in Diversified Metals & Mining.
RELIANCE STEEL & AL (RS6.SG) (RS6) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.063x
Based on the latest financial reports, RELIANCE STEEL & AL (RS6.SG) (RS6) has a cash flow conversion efficiency ratio of 0.063x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€463.90 Million) by net assets (€7.36 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
RELIANCE STEEL & AL (RS6.SG) - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how RELIANCE STEEL & AL (RS6.SG)'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
RELIANCE STEEL & AL (RS6.SG) Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of RELIANCE STEEL & AL (RS6.SG) ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Unifin Financiera S. A. B. de C. V
MX:UNIFINA
|
-0.199x |
|
Patriot Resources Ltd
AU:PAT
|
0.050x |
|
RUBIX Resources Ltd
AU:RB6
|
-1.211x |
|
Elite Express Holding Inc. Class A Common Stock
NASDAQ:ETS
|
-0.165x |
|
Pharmena S.A.
WAR:PHR
|
-0.078x |
|
M8 Sustainable Ltd
AU:M8S
|
0.000x |
|
Raize Servicos de Gestao SA
LS:MLRZE
|
N/A |
|
SEED INNOVATIONS LTD.
F:LYZ1
|
N/A |
Annual Cash Flow Conversion Efficiency for RELIANCE STEEL & AL (RS6.SG) (2016–2023)
The table below shows the annual cash flow conversion efficiency of RELIANCE STEEL & AL (RS6.SG) from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €7.73 Billion | €1.67 Billion | 0.216x | -27.61% |
| 2022-12-31 | €7.10 Billion | €2.12 Billion | 0.299x | +127.59% |
| 2021-12-31 | €6.09 Billion | €799.40 Million | 0.131x | -42.71% |
| 2020-12-31 | €5.12 Billion | €1.17 Billion | 0.229x | -8.27% |
| 2019-12-31 | €5.21 Billion | €1.30 Billion | 0.250x | +75.75% |
| 2018-12-31 | €4.68 Billion | €664.60 Million | 0.142x | +67.29% |
| 2017-12-31 | €4.70 Billion | €399.00 Million | 0.085x | -43.37% |
| 2016-12-31 | €4.18 Billion | €626.50 Million | 0.150x | -- |