CSN Mineração Balance Sheet Health
Financial Health criteria checks 5/6
CSN Mineração has a total shareholder equity of R$8.9B and total debt of R$8.7B, which brings its debt-to-equity ratio to 97.7%. Its total assets and total liabilities are R$34.5B and R$25.5B respectively. CSN Mineração's EBIT is R$5.3B making its interest coverage ratio 9.9. It has cash and short-term investments of R$14.5B.
Key information
97.7%
Debt to equity ratio
R$8.74b
Debt
| Interest coverage ratio | 9.9x |
| Cash | R$14.49b |
| Equity | R$8.95b |
| Total liabilities | R$25.51b |
| Total assets | R$34.46b |
Recent financial health updates
Recent updates
CSN Mineração (BVMF:CMIN3) Has A Rock Solid Balance Sheet
Oct 31
CSN Mineração (BVMF:CMIN3) Might Become A Compounding Machine
Oct 04There's No Escaping CSN Mineração S.A.'s (BVMF:CMIN3) Muted Earnings Despite A 28% Share Price Rise
Sep 07CSN Mineração (BVMF:CMIN3) Might Become A Compounding Machine
Jul 04Improved Earnings Required Before CSN Mineração S.A. (BVMF:CMIN3) Shares Find Their Feet
Jun 08Broker Revenue Forecasts For CSN Mineração S.A. (BVMF:CMIN3) Are Surging Higher
Mar 29We Like CSN Mineração's (BVMF:CMIN3) Earnings For More Than Just Statutory Profit
Mar 14CSN Mineração (BVMF:CMIN3) Is Investing Its Capital With Increasing Efficiency
Feb 05CSN Mineração S.A.'s (BVMF:CMIN3) Business Is Trailing The Market But Its Shares Aren't
Jan 09CSN Mineração (BVMF:CMIN3) Might Have The Makings Of A Multi-Bagger
Oct 13CSN Mineração (BVMF:CMIN3) Might Have The Makings Of A Multi-Bagger
Jun 20Returns On Capital Are Showing Encouraging Signs At CSN Mineração (BVMF:CMIN3)
Feb 20CSN Mineração (BVMF:CMIN3) Is Doing The Right Things To Multiply Its Share Price
Nov 21These Analysts Think CSN Mineração S.A.'s (BVMF:CMIN3) Sales Are Under Threat
Sep 05CSN Mineração (BVMF:CMIN3) Is Very Good At Capital Allocation
Jul 10Time To Worry? Analysts Just Downgraded Their CSN Mineração S.A. (BVMF:CMIN3) Outlook
May 28Investors Shouldn't Overlook CSN Mineração's (BVMF:CMIN3) Impressive Returns On Capital
Apr 05Broker Revenue Forecasts For CSN Mineração S.A. (BVMF:CMIN3) Are Surging Higher
Mar 15Investors Don't See Light At End Of CSN Mineração S.A.'s (BVMF:CMIN3) Tunnel
Jul 30Financial Position Analysis
Short Term Liabilities: CMIN3's short term assets (R$16.6B) exceed its short term liabilities (R$9.3B).
Long Term Liabilities: CMIN3's short term assets (R$16.6B) exceed its long term liabilities (R$16.2B).
Debt to Equity History and Analysis
Debt Level: CMIN3 has more cash than its total debt.
Reducing Debt: CMIN3's debt to equity ratio has increased from 19.5% to 97.7% over the past 5 years.
Debt Coverage: CMIN3's debt is well covered by operating cash flow (101.6%).
Interest Coverage: CMIN3's interest payments on its debt are well covered by EBIT (9.9x coverage).