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Rio Tinto Limited (ASX: RIO) - Financials

Current share price for RIO : $129.520 1.36 (1.04%)

Rio Tinto Limited (RIO) is engaged in minerals and metals exploration, development, production, and processing. The Company's Portfolio of assets is condensed into four product groups: Iron Ore, Aluminium, Copper, and Minerals.

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RIO Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2023 $49.20 1358.5 ¢ 985.4 ¢ 636 ¢ 100% $49.20 11.94 78.8% 22.5%
2022 $50.30 1461.2 ¢ 1105.1 ¢ 1048 ¢ 100% $45.70 9.59 57.9% 27.7%
2021 $53.70 2144.4 ¢ 2896.1 ¢ 1422.3 ¢ 100% $43.80 3.91 33.1% -1.7%

RIO Capital Structure

Total Debt Interest Long Term Debt Percent Debt Preferred Stock Share Equity Percent Equity
$20,982,456 $1,413,743 $19,273,392 19% $0.00 $79,804,094 81%
Note: All dollars in thousands ('000) for the table above

RIO Historical Financials

2023 2022 2021
Revenue ($M) 80,207.6 81,998.5 87,506.9
Operating Margin (%) 37.3 42.5 57.1
Depreciation ($M) -7,617 -7,160.1 -6,227.9
Amortisation ($M) -181 -235 -245
Net Profit Before Abs ($M) 16,075.9 18,010.3 47,173.4
Net Profit After Abs ($M) 14,704.7 18,332.1 29,071.1
Income Tax Rate (%) 27.8 29.9 26.8
Net Profit Margin (%) 20 22 53.9
Employees ($T) 55 54 49
Long Term Debt ($M) 19,273.4 16,318.8 17,082.4
Shareholders Equity ($M) 79,804.1 74,059 70,882
Return on Capital (%) 17 20 54
Return on Equity (%) 20.1 24.3 66.5
Payout Ratio (%) 65 95 49

RIO Cashflow

2023 2022 2021
Customer Receipts ($M)
Net Operating Cashflow ($M) 22,164 23,814 34,930
Net Investing Cashflow ($M) -10,178 -9,900 -9,866
Net Financing Cashflow ($M) -7,749 -22,838 -21,861

RIO Market & Earnings

2023 2022 2021
Market Cap ($M) 220,113 188,689 162,113
Net Gearing (%) 8.3 10.5 1.3
Net Interest Cover (%) 35.2 119.2 176.4
Dividend Yield (%) 4.8 6.1 14.2
NTA Per Share ($) 46.3 41.6 40.6
EBITDA ($M) 29,953 34,849 49,983
EBIT ($M) 22,155 27,454 43,510
EBT Before Abs ($M) 21,525 27,224 43,264

RIO Balance Sheet

2023 2022 2021
Cash ($M) 14,142 10,000 17,650
Debtors ($M) 5,768 5,134 3,088
Other Debtors ($M) 1,108
Prepayments ($M) 729.1
Inventories ($M) 9,735 9,170 7,492
Current Investments ($M) 1,635 3,188 3,505
Other Current Assets ($M) 168.1 512.2 99.2
Total Current Assets ($M) 31,447 28,004 33,671
Receivables ($M) 2,794 3,024
Inventories ($M) 312.9 299.6 270.1
Property, Plant & Equipment ($M) 195,917 185,578 172,577
Accumulated Depreciation ($M) -98,741 -90,030 -83,097
Intangibles ex. Goodwill ($M) 3,523 5,380 3,903
Goodwill ($M) 1,165 1,219 1,211
Future Income Tax Benefit ($M) 7,724 4,083 4,691
Non-Current Investments ($M) 7,146 5,467 5,557
Other Non-Current Assets ($M) 2,893
Total Non-Current Assets ($M) 119,940 114,791 108,137
Total Assets ($M) 151,387 142,796 141,808
Accounts Payable ($M) 12,044 11,877 10,657
Provisions ($M) 4,877 3,455 5,152
Short Term Debt ($M) 1,709 1,793 1,593
Other Current Liabilities ($M)
Total Current Liabilities ($M) 18,630 17,126 17,402
Creditors ($M) 871.3 891.5 1,099.8
Long Term Debt ($M) 19,273 16,319 17,082
Provisions ($M) 30,243 31,302 28,233
Other Non-Current Liabilities ($M)
Total Non-Current Liabilities ($M) 50,387 48,512 46,415
Total Liabilities ($M) 69,018 65,638 63,818
Share Capital ($M) 5,240 5,221 5,205
Reserves ex. Share Premium ($M) 12,175 11,520 13,779
Share Premium Reserve ($M) 6,322 6,379 5,954
Retained Profits ($M) 56,067 50,939 45,944
Other Shareholders Equity ($M)
Convertible Equity ($M)
Outside Equity Interest ($M) 2,566 3,098 7,109
Total Shareholders Equity ($M) 82,370 77,157 77,991

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