Radius Recycling, Inc. (RDUS) - Net Assets
Based on the latest financial reports, Radius Recycling, Inc. (RDUS) has net assets worth $528.11 Million USD as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.47 Billion) and total liabilities ($944.09 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore total assets of Radius Recycling, Inc. for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $528.11 Million |
| % of Total Assets | 35.87% |
| Annual Growth Rate | 7.97% |
| 5-Year Change | -8.04% |
| 10-Year Change | 885.98% |
| Growth Volatility | 95.01 |
Radius Recycling, Inc. - Net Assets Trend (1993–2024)
This chart illustrates how Radius Recycling, Inc.'s net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Radius Recycling, Inc. (RDUS) total market value.
Annual Net Assets for Radius Recycling, Inc. (1993–2024)
The table below shows the annual net assets of Radius Recycling, Inc. from 1993 to 2024. Explore RDUS cash flow conversion to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | $625.74 Million | -31.36% |
| 2023-08-31 | $911.66 Million | -4.88% |
| 2022-08-31 | $958.47 Million | +14.13% |
| 2021-08-31 | $839.78 Million | +23.42% |
| 2020-08-31 | $680.44 Million | +1709.39% |
| 2019-08-31 | $-42.28 Million | -169.73% |
| 2018-08-31 | $60.63 Million | -74.95% |
| 2017-08-31 | $242.04 Million | -21.21% |
| 2016-08-31 | $307.18 Million | +384.02% |
| 2015-08-31 | $63.46 Million | -91.82% |
| 2014-08-31 | $775.98 Million | +486.71% |
| 2013-08-31 | $-200.66 Million | -118.11% |
| 2012-08-31 | $1.11 Billion | +1317089.79% |
| 2011-08-31 | $-84.13K | -125.27% |
| 2010-08-31 | $-37.34K | +99.30% |
| 2009-08-31 | $-5.35 Million | -100.54% |
| 2008-08-31 | $982.55 Million | +27.53% |
| 2007-08-31 | $770.44 Million | +4.22% |
| 2006-08-31 | $739.23 Million | +26.54% |
| 2005-08-31 | $584.17 Million | +37.52% |
| 2004-08-31 | $424.80 Million | +38.54% |
| 2003-08-31 | $306.62 Million | +21.22% |
| 2002-08-31 | $252.95 Million | +1.97% |
| 2001-08-31 | $248.07 Million | -0.15% |
| 2000-08-31 | $248.43 Million | +3.34% |
| 1999-08-31 | $240.40 Million | -0.41% |
| 1998-08-31 | $241.40 Million | +0.96% |
| 1997-08-31 | $239.10 Million | +6.84% |
| 1996-08-31 | $223.80 Million | +64.56% |
| 1995-08-31 | $136.00 Million | +17.95% |
| 1994-08-31 | $115.30 Million | +98.45% |
| 1993-08-31 | $58.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Radius Recycling, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1098.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $606.42 Million | 97.32% |
| Common Stock | $28.04 Million | 4.50% |
| Other Comprehensive Income | $-40.17 Million | -6.45% |
| Other Components | $28.83 Million | 4.63% |
| Total Equity | $623.11 Million | 100.00% |
Radius Recycling, Inc. Competitors by Market Cap
The table below lists competitors of Radius Recycling, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EnTie Commercial Bank Ltd
TW:2849
|
$841.87 Million |
|
Clinica Baviera
MC:CBAV
|
$842.36 Million |
|
New Mountain Finance Corporation
NASDAQ:NMFC
|
$842.78 Million |
|
Formosa Taffeta Co Ltd
TW:1434
|
$842.81 Million |
|
ENEFIT GREEN AS
F:I6B
|
$841.72 Million |
|
Zhejiang Zhongcheng Packing Material Co Ltd
SHE:002522
|
$841.65 Million |
|
engcon AB Cl B
ST:ENGCON-B
|
$841.22 Million |
|
Lighthouse Capital Ltd
JSE:LTE
|
$841.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Radius Recycling, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 908,180,000 to 623,112,000, a change of -285,068,000 (-31.4%).
- Net loss of 266,411,000 reduced equity.
- Dividend payments of 21,569,000 reduced retained earnings.
- Other comprehensive income decreased equity by 489,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-266.41 Million | -42.75% |
| Dividends Paid | $21.57 Million | -3.46% |
| Other Comprehensive Income | $-489.00K | -0.08% |
| Other Changes | $3.40 Million | +0.55% |
| Total Change | $- | -31.39% |
Book Value vs Market Value Analysis
This analysis compares Radius Recycling, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 22.52x to 1.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-08-31 | $1.33 | $30.00 | x |
| 1994-08-31 | $4.87 | $30.00 | x |
| 1995-08-31 | $5.75 | $30.00 | x |
| 1996-08-31 | $8.03 | $30.00 | x |
| 1997-08-31 | $2.55 | $30.00 | x |
| 1998-08-31 | $2.64 | $30.00 | x |
| 1999-08-31 | $2.67 | $30.00 | x |
| 2000-08-31 | $16.21 | $30.00 | x |
| 2001-08-31 | $16.86 | $30.00 | x |
| 2002-08-31 | $16.92 | $30.00 | x |
| 2003-08-31 | $18.52 | $30.00 | x |
| 2004-08-31 | $13.49 | $30.00 | x |
| 2005-08-31 | $18.62 | $30.00 | x |
| 2006-08-31 | $23.86 | $30.00 | x |
| 2007-08-31 | $25.17 | $30.00 | x |
| 2008-08-31 | $33.85 | $30.00 | x |
| 2009-08-31 | $-2.14 | $30.00 | x |
| 2010-08-31 | $-0.01 | $30.00 | x |
| 2011-08-31 | $-0.03 | $30.00 | x |
| 2012-08-31 | $39.22 | $30.00 | x |
| 2013-08-31 | $-20.64 | $30.00 | x |
| 2014-08-31 | $28.55 | $30.00 | x |
| 2015-08-31 | $3.59 | $30.00 | x |
| 2016-08-31 | $7.13 | $30.00 | x |
| 2017-08-31 | $5.53 | $30.00 | x |
| 2018-08-31 | $1.34 | $30.00 | x |
| 2019-08-31 | $-0.92 | $30.00 | x |
| 2020-08-31 | $24.45 | $30.00 | x |
| 2021-08-31 | $28.63 | $30.00 | x |
| 2022-08-31 | $32.31 | $30.00 | x |
| 2023-08-31 | $32.43 | $30.00 | x |
| 2024-08-31 | $21.93 | $30.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Radius Recycling, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -42.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.73%
- • Asset Turnover: 1.79x
- • Equity Multiplier: 2.46x
- Recent ROE (-42.75%) is below the historical average (-15.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 3.61% | 1.02% | 1.38x | 2.56x | $-3.71 Million |
| 1994 | 9.28% | 4.09% | 1.59x | 1.42x | $-830.00K |
| 1995 | 16.32% | 6.71% | 1.18x | 2.06x | $8.60 Million |
| 1996 | 9.29% | 6.13% | 1.01x | 1.51x | $-1.58 Million |
| 1997 | 8.87% | 5.86% | 0.85x | 1.79x | $-2.71 Million |
| 1998 | 3.89% | 2.66% | 0.75x | 1.95x | $-14.74 Million |
| 1999 | 1.41% | 1.28% | 0.59x | 1.86x | $-20.64 Million |
| 2000 | 4.17% | 2.82% | 0.86x | 1.72x | $-14.48 Million |
| 2001 | 3.19% | 2.45% | 0.76x | 1.72x | $-16.89 Million |
| 2002 | 2.59% | 1.87% | 0.87x | 1.60x | $-18.74 Million |
| 2003 | 14.26% | 8.69% | 1.02x | 1.61x | $12.90 Million |
| 2004 | 26.54% | 16.15% | 1.14x | 1.45x | $69.29 Million |
| 2005 | 25.34% | 17.22% | 1.20x | 1.22x | $88.91 Million |
| 2006 | 19.49% | 7.71% | 1.78x | 1.42x | $69.66 Million |
| 2007 | 17.17% | 5.11% | 2.23x | 1.50x | $54.83 Million |
| 2008 | 25.42% | 6.83% | 2.34x | 1.59x | $150.87 Million |
| 2009 | 0.00% | -1.70% | 0.00x | 0.00x | $-31.69 Million |
| 2010 | 0.00% | 0.00% | 23012400.00x | 0.00x | $-28.26K |
| 2011 | 0.00% | 0.00% | 34591940.00x | 0.00x | $-38.37K |
| 2012 | 2.54% | 0.82% | 1.89x | 1.63x | $-80.65 Million |
| 2013 | 0.00% | -2.31% | 103.63x | 0.00x | $-40.62 Million |
| 2014 | 0.77% | 0.23% | 1.88x | 1.76x | $-71.15 Million |
| 2015 | -159.97% | -5.30% | 17.67x | 1.71x | $-107.87 Million |
| 2016 | -59.51% | -13.52% | 3.97x | 1.11x | $-213.52 Million |
| 2017 | -105.04% | -1149.77% | 0.05x | 1.91x | $-278.44 Million |
| 2018 | -365.05% | -223.03% | 0.35x | 4.73x | $-227.40 Million |
| 2019 | 0.00% | -76.73% | 0.79x | 0.00x | $-128.77 Million |
| 2020 | -0.61% | -0.24% | 1.39x | 1.82x | $-71.82 Million |
| 2021 | 19.76% | 5.99% | 1.85x | 1.79x | $81.54 Million |
| 2022 | 17.69% | 4.84% | 1.91x | 1.91x | $73.40 Million |
| 2023 | -2.84% | -0.89% | 1.68x | 1.89x | $-116.61 Million |
| 2024 | -42.75% | -9.73% | 1.79x | 2.46x | $-328.72 Million |
Industry Comparison
This section compares Radius Recycling, Inc.'s net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $6,012,392,838
- Average return on equity (ROE) among peers: -1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Radius Recycling, Inc. (RDUS) | $528.11 Million | 3.61% | 1.79x | $841.73 Million |
| Cleveland-Cliffs Inc (CLF) | $407.40 Million | 13.48% | 0.70x | $5.82 Billion |
| Commercial Metals Company (CMC) | $1.25 Billion | -16.38% | 1.96x | $7.65 Billion |
| Friedman Industries Inc. Common Stock (FRD) | $79.69 Million | 17.65% | 1.00x | $137.98 Million |
| Friedman Industries Inc. Common Stock (FRD) | $33.50 Million | 5.67% | 0.15x | $138.83 Million |
| Gerdau SA ADR (GGB) | $58.17 Billion | 7.85% | 0.49x | $5.42 Billion |
| Hongli Group Inc. Ordinary Shares (HLP) | $53.49 Million | -3.52% | 0.22x | $56.55 Million |
| Huadi International Group Co Ltd (HUDI) | $74.68 Million | 4.36% | 0.38x | $17.02 Million |
| Inno Holdings Inc. Common Stock (INHD) | $1.05 Million | -95.64% | 2.46x | $726.90K |
| FST Corp. Ordinary Shares (KBSX) | $32.42 Million | 28.92% | 0.85x | $51.70 Million |
| Luda Technology Group Limited (LUD) | $14.53 Million | 21.11% | 1.73x | $140.68 Million |
About Radius Recycling, Inc.
Radius Recycling, Inc. recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrou… Read more