Rio Tinto, revenues and debts.

Rio Tinto formerly known as RTZ (Rio Tinto Zinc) is an Anglo Australian mining giant, number two after BHP Billiton, Rio Tinto is considered to be the second largest mining company in the world.
A member of the FTSE-100.

Dating back to 1873, it’s major commodities that it mines for are aluminium, copper, diamonds, gold, industrial minerals (borates, titanium dioxide and sodium chloride [salt]), iron ore, thermal and metallurgical coal and uranium.

Annual revenues of US$51.171 billion = £30.851 Billion (£30,851 million).
What is interesting is seeing the level of debt the company carries
[http://www.riotinto.com/investors/fixed-income-investor-5302.aspx]

Just looking at the Bonds issued by Rio Tinto:

Total Bonds Outstanding: US$ 24,994.80 Million = £15,069 Million = £15 Billion.

So with annual revenues of £30,851 million and bonds outstanding of £15,069 Million, at first glance the company is carrying a lot of debt.

But when you look at the maturity times of the bonds [http://www.riotinto.com/investors/outstanding-notes-5306.aspx#6923]

This shows that these bonds are to be repaid from now 2014 to 2042 which is 28 years so doing some rough maths that is about £500million a year, and the bonds repayments are more spread out, in some years, there are no bonds to be repaid.

So when revenues are £30,851 Million and debt repayments of a £2000 Million in 2014, this shows that Rio Tinto are financing their business in an optimal capital management operation.

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