Radius Recycling, Inc. financial data

Symbol
RDUS on Nasdaq
Industry
Wholesale-Misc Durable Goods
Location
299 Sw Clay St., Suite 400, Portland, Oregon
State of incorporation
Oregon
Fiscal year end
August 31
Former names
SCHNITZER STEEL INDUSTRIES, INC. (to 1/31/2024), RADIUS RECYCLING (to 8/2/2023), SCHNITZER STEEL INDUSTRIES INC (to 2/13/2019)
Latest financial report
Q2 2024 - Jul 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 185 % -2.33%
Quick Ratio 97.1 % +5.51%
Debt-to-equity 104 % +10.1%
Return On Equity -33.6 % -3138%
Return On Assets -16.5 % -2995%
Operating Margin -11.5 % -1082%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 854 M USD -33.6%
Weighted Average Number of Shares Outstanding, Basic 28.5 M shares +1.3%
Weighted Average Number of Shares Outstanding, Diluted 28.5 M shares -0.63%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.69 B USD -12.2%
Operating Income (Loss) -309 M USD -962%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -333 M USD -2556%
Income Tax Expense (Benefit) -56.9 M USD -2856%
Net Income (Loss) Attributable to Parent -276 M USD -2761%
Earnings Per Share, Basic -9.72 USD/shares -2592%
Earnings Per Share, Diluted -9.7 USD/shares -2794%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 25.2 M USD +458%
Marketable Securities, Current 1 M USD
Accounts Receivable, after Allowance for Credit Loss, Current 203 M USD -31.4%
Inventory, Net 334 M USD +11.8%
Assets, Current 617 M USD -6.48%
Deferred Income Tax Assets, Net 22.4 M USD -1.38%
Property, Plant and Equipment, Net 685 M USD -1.83%
Operating Lease, Right-of-Use Asset 123 M USD +3.86%
Intangible Assets, Net (Excluding Goodwill) 30.3 M USD -11.1%
Goodwill 13.1 M USD -95.1%
Other Assets, Noncurrent 53.6 M USD -3.94%
Assets 1.55 B USD -16.8%
Accounts Payable, Current 208 M USD -0.86%
Employee-related Liabilities, Current 22.8 M USD -21.4%
Liabilities, Current 311 M USD -8.98%
Long-term Debt and Lease Obligation 406 M USD +17.9%
Deferred Income Tax Liabilities, Net 4.88 M USD -92.1%
Operating Lease, Liability, Noncurrent 103 M USD +5.39%
Other Liabilities, Noncurrent 29.6 M USD +12.4%
Liabilities 907 M USD -2.15%
Accumulated Other Comprehensive Income (Loss), Net of Tax -39.1 M USD +2.78%
Retained Earnings (Accumulated Deficit) 628 M USD -32.2%
Stockholders' Equity Attributable to Parent 643 M USD -31.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 646 M USD -31.2%
Liabilities and Equity 1.55 B USD -16.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.3 M USD +97.9%
Net Cash Provided by (Used in) Financing Activities 23.8 M USD -74.7%
Net Cash Provided by (Used in) Investing Activities -24.2 M USD +66.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.62 M USD +96%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 25.2 M USD +458%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.43 M USD +63.8%
Deferred Tax Assets, Valuation Allowance 4 M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 116 M USD -5.99%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -275 M USD -6299%
Lessee, Operating Lease, Liability, to be Paid 139 M USD -4.97%
Property, Plant and Equipment, Gross 1.61 B USD +5.92%
Operating Lease, Liability, Current 19.4 M USD -4.49%
Lessee, Operating Lease, Liability, to be Paid, Year Two 19.4 M USD -6.82%
Lessee, Operating Lease, Liability, to be Paid, Year One 23.8 M USD -4.97%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -3.93 M USD -116%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 22.6 M USD +0.61%
Lessee, Operating Lease, Liability, to be Paid, Year Three 15.5 M USD -2.58%
Deferred Tax Assets, Operating Loss Carryforwards 20.3 M USD +170%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -4.2 M USD -119%
Current Income Tax Expense (Benefit) 1.19 M USD -93.9%
Preferred Stock, Shares Authorized 20 M shares 0%
Unrecognized Tax Benefits 11.8 M USD +14.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 13.5 M USD +6.21%
Operating Lease, Payments 25.4 M USD +0.25%
Current State and Local Tax Expense (Benefit) 974 K USD -30%
Current Federal Tax Expense (Benefit) -377 K USD -102%
Amortization of Intangible Assets 6 M USD +100%
Depreciation, Depletion and Amortization 23.5 M USD +9.42%
Deferred Tax Assets, Net of Valuation Allowance 76.2 M USD +25.3%
Deferred State and Local Income Tax Expense (Benefit) -686 K USD -188%
Interest Expense 23.2 M USD +41.2%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%