Rio Tinto Group

As of December 31, 2023, Rio Tinto Group has 1.62B shares outstanding.

As of December 31, 2023, Rio Tinto Group trades at an EV/EBITDA multiple of 0.30 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.12 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 0.40 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Rio Tinto Group trades at an EV/FCF ratio of 0.27, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

As of December 31, 2023, Rio Tinto Group maintains a current ratio of 1.69, meaning it holds 1.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 25.47, indicating elevated leverage, while an interest coverage ratio of 10.91 demonstrates strong ability to service its debt obligations.

Over the twelve months ended December 31, 2023, Rio Tinto Group posted a return on equity (ROE) of 24.99, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 16.78 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 10.04, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 20.86, useful for judging operating efficiency across full business cycles. Inventory turnover of 3.36 indicates how many times Rio Tinto Group sells and replaces its inventory over a year, a key working capital efficiency ratio.

These figures cover the twelve months ended December 31, 2023. That works out to an effective tax rate of 27.80, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

Over the twelve months ended December 31, 2023, Rio Tinto Group posted a gross margin of 59.96, reflecting its pricing power and cost economics. The operating margin of 29.65 and net profit margin of 18.61 provide insight into operational efficiency.

These figures cover the twelve months ended December 31, 2023. The dividend payout ratio of 65.70 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth.

Rio Tinto Group's most recent stock split took place on June 26, 2015 with a 1000:1267 split ratio.

As of December 31, 2023, Rio Tinto Group has an Altman Z-Score of 1.71, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.