Companhia Siderúrgica Nacional Balance Sheet Health
Financial Health criteria checks 1/6
Companhia Siderúrgica Nacional has a total shareholder equity of R$16.4B and total debt of R$50.9B, which brings its debt-to-equity ratio to 309.5%. Its total assets and total liabilities are R$93.4B and R$77.0B respectively. Companhia Siderúrgica Nacional's EBIT is R$5.3B making its interest coverage ratio 2. It has cash and short-term investments of R$16.8B.
Key information
309.5%
Debt to equity ratio
R$50.87b
Debt
| Interest coverage ratio | 2x |
| Cash | R$16.80b |
| Equity | R$16.43b |
| Total liabilities | R$76.99b |
| Total assets | R$93.42b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SID's short term assets (R$32.0B) exceed its short term liabilities (R$24.8B).
Long Term Liabilities: SID's short term assets (R$32.0B) do not cover its long term liabilities (R$52.1B).
Debt to Equity History and Analysis
Debt Level: SID's net debt to equity ratio (207.3%) is considered high.
Reducing Debt: SID's debt to equity ratio has increased from 230.5% to 309.5% over the past 5 years.
Debt Coverage: SID's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: SID's interest payments on its debt are not well covered by EBIT (2x coverage).