Reliance Steel & Aluminum Co. Profile Avatar - Palmy Investing

Reliance Steel & Aluminum Co.

Reliance Steel & Aluminum Co. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including al…

Steel
US, Los Angeles [HQ]
RS/Leadership and Strategy

Risk Factors

By Management
10-K
  1. Our insurance coverage, customer indemnifications or other liability protections may be unavailable or inadequate to cover all of our significant risks or our insurers may deny coverage of or be unable to pay for material losses we incur, which could adversely affect our profitability and overall financial position.

  2. Our indebtedness could impair our financial condition or cause a downgrade of our credit rating and reduce the funds available to us for other purposes and our failure to comply with the covenants contained in our debt instruments could result in an event of default that could adversely affect our operating results.

  3. Because all of our available borrowing capacity on our revolving credit facility bears interest at rates that fluctuate with changes in certain prevailing short-term interest rates, if we increase our leverage in the future, we are vulnerable to increases in interest rates.

22 more risks
End of RS's Analysis
CIK: 861884 CUSIP: 759509102 ISIN: US7595091023 LEI: - UEI: -
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