ArcelorMittal Balance Sheet Health

Financial Health criteria checks 6/6

ArcelorMittal has a total shareholder equity of $54.3B and total debt of $10.1B, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are $90.8B and $36.5B respectively. ArcelorMittal's EBIT is $2.1B making its interest coverage ratio 20.6. It has cash and short-term investments of $5.8B.

Key information

18.6%

Debt to equity ratio

US$10.09b

Debt

Interest coverage ratio20.6x
CashUS$5.84b
EquityUS$54.30b
Total liabilitiesUS$36.55b
Total assetsUS$90.85b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MT's short term assets ($31.0B) exceed its short term liabilities ($20.3B).

Long Term Liabilities: MT's short term assets ($31.0B) exceed its long term liabilities ($16.2B).


Debt to Equity History and Analysis

Debt Level: MT's net debt to equity ratio (7.8%) is considered satisfactory.

Reducing Debt: MT's debt to equity ratio has reduced from 28% to 18.6% over the past 5 years.

Debt Coverage: MT's debt is well covered by operating cash flow (55.3%).

Interest Coverage: MT's interest payments on its debt are well covered by EBIT (20.6x coverage).


Balance Sheet


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