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Ryerson Holding Corporation  (RYI)
Other Ticker:  
 
    Sector  Basic Materials    Industry Iron & Steel
   Industry Iron & Steel
   Sector  Basic Materials

Ryerson Holding's Quick Ratio

RYI's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Ryerson Holding's Cash & cash equivalent grew by 24.67 % in the III Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Ryerson Holding's Quick Ratio to 0.06, Quick Ratio remained below Ryerson Holding Corporation average.

Within Iron & Steel industry 8 other companies have achieved higher Quick Ratio than Ryerson Holding in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 557 to 1058.

Explain Quick Ratio?
How much Cash & cash equivalents RYI´s has?
What are RYI´s Current Liabilities?


RYI Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -10.13 % -19.21 % -15.04 % -4.67 % -9.96 %
Y / Y Cash & cash equivalent Change -26.52 % -27.54 % -2.24 % -23.44 % 27.57 %
Quick Ratio MRQ 0.06 0.04 0.07 0.06 0.07
RYI's Total Ranking # 1058 # 557 # 1496 # 2172 # 4261
Seq. Current Liabilities Change -11.06 % 7.06 % 7.46 % -12.17 % -20.05 %
Seq. Cash & cash equivalent Change 24.67 % -31.35 % 11.48 % -22.99 % 22.95 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Iron & Steel Industry # 9
Basic Materials Sector # 99
Overall Market # 1058


Quick Ratio Statistics
High Average Low
0.38 0.12 0
(Mar 31 2020)   (Mar 31 2014)




Financial Statements
Ryerson Holding's Current Liabilities $ 634 Millions Visit RYI's Balance sheet
Ryerson Holding's Cash & cash equivalent $ 37 Millions Visit RYI's Balance sheet
Source of RYI's Sales Visit RYI's Sales by Geography


Cumulative Ryerson Holding's Quick Ratio

RYI's Quick Ratio for the trailling 12 Months

RYI Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -10.13 % -19.21 % -15.04 % -4.67 % -9.96 %
Y / Y Cash & cash equivalent TTM Growth -26.52 % -27.54 % -2.24 % -23.44 % 27.57 %
Quick Ratio TTM 0.06 0.06 0.06 0.06 0.06
Total Ranking TTM # 3412 # 3583 # 3798 # 4446 # 4253
Seq. Current Liabilities TTM Growth -11.06 % 7.06 % 7.46 % -12.17 % -20.05 %
Seq. Cash & cash equivalent TTM Growth 24.67 % -31.35 % 11.48 % -22.99 % 22.95 %


On the trailing twelve months basis In spite of the year on year decrease in RYI's Current Liabilities to $633.60 millions, cumulative Quick Ratio to 0.06 below the RYI average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Iron & Steel industry 21 other companies have achieved higher Quick Ratio than Ryerson Holding. While Quick Ratio overall ranking has improved so far to 990, from total ranking during the twelve months ending second quarter 2023 at 3577.

Explain Quick Ratio?
How much Cash & cash equivalents RYI´s has?
What are RYI´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Iron & Steel Industry # 22
Basic Materials Sector # 289
Within the Market # 1058


trailing twelve months Quick Ratio Statistics
High Average Low
0.24 0.11 0.03
(Dec 31 2020)   (Dec 31 2019)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Iron & Steel Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Haynes International inc   0.14 $ 10.723  Millions$ 76.789  Millions
Friedman Industries Inc  0.09 $ 3.152  Millions$ 35.292  Millions
Greenwave Technology Solutions Inc  0.08 $ 1.481  Millions$ 18.781  Millions
Ryerson Holding Corporation  0.06 $ 37.400  Millions$ 633.600  Millions
Olympic Steel Inc  0.05 $ 9.091  Millions$ 186.372  Millions
Northwest Pipe Co   0.05 $ 4.058  Millions$ 87.861  Millions
L b Foster Company  0.04 $ 2.969  Millions$ 72.034  Millions
Carpenter Technology Corporation  0.04 $ 18.100  Millions$ 448.600  Millions
Ascent Industries Co   0.02 $ 0.730  Millions$ 36.858  Millions

Date modified: 2023-10-31T05:53:58+00:00



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