Metalurgica Gerdau Balance Sheet Health
Financial Health criteria checks 6/6
Metalurgica Gerdau has a total shareholder equity of R$55.8B and total debt of R$12.5B, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are R$82.1B and R$26.3B respectively. Metalurgica Gerdau's EBIT is R$6.3B making its interest coverage ratio -39.6. It has cash and short-term investments of R$9.0B.
Key information
22.5%
Debt to equity ratio
R$12.53b
Debt
| Interest coverage ratio | -39.6x |
| Cash | R$9.04b |
| Equity | R$55.78b |
| Total liabilities | R$26.33b |
| Total assets | R$82.10b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: GOAU3's short term assets (R$33.1B) exceed its short term liabilities (R$11.0B).
Long Term Liabilities: GOAU3's short term assets (R$33.1B) exceed its long term liabilities (R$15.3B).
Debt to Equity History and Analysis
Debt Level: GOAU3's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: GOAU3's debt to equity ratio has reduced from 56.2% to 22.5% over the past 5 years.
Debt Coverage: GOAU3's debt is well covered by operating cash flow (105.2%).
Interest Coverage: GOAU3 earns more interest than it pays, so coverage of interest payments is not a concern.