Metalurgica Gerdau Balance Sheet Health
Financial Health criteria checks 6/6
Metalurgica Gerdau has a total shareholder equity of R$49.6B and total debt of R$10.9B, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are R$75.2B and R$25.7B respectively. Metalurgica Gerdau's EBIT is R$9.8B making its interest coverage ratio -52.8. It has cash and short-term investments of R$5.6B.
Key information
22.0%
Debt to equity ratio
R$10.92b
Debt
Interest coverage ratio | -52.8x |
Cash | R$5.64b |
Equity | R$49.57b |
Total liabilities | R$25.66b |
Total assets | R$75.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GOAU4's short term assets (R$29.5B) exceed its short term liabilities (R$11.3B).
Long Term Liabilities: GOAU4's short term assets (R$29.5B) exceed its long term liabilities (R$14.4B).
Debt to Equity History and Analysis
Debt Level: GOAU4's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: GOAU4's debt to equity ratio has reduced from 61.3% to 22% over the past 5 years.
Debt Coverage: GOAU4's debt is well covered by operating cash flow (108.6%).
Interest Coverage: GOAU4 earns more interest than it pays, so coverage of interest payments is not a concern.