Usinas Siderúrgicas de Minas Gerais Balance Sheet Health
Financial Health criteria checks 6/6
Usinas Siderúrgicas de Minas Gerais has a total shareholder equity of R$26.6B and total debt of R$7.4B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are R$39.4B and R$12.8B respectively. Usinas Siderúrgicas de Minas Gerais's EBIT is R$361.5M making its interest coverage ratio -2.4. It has cash and short-term investments of R$5.9B.
Key information
27.7%
Debt to equity ratio
R$7.37b
Debt
| Interest coverage ratio | -2.4x |
| Cash | R$5.90b |
| Equity | R$26.62b |
| Total liabilities | R$12.81b |
| Total assets | R$39.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: USIM5's short term assets (R$17.0B) exceed its short term liabilities (R$4.6B).
Long Term Liabilities: USIM5's short term assets (R$17.0B) exceed its long term liabilities (R$8.2B).
Debt to Equity History and Analysis
Debt Level: USIM5's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: USIM5's debt to equity ratio has reduced from 42.5% to 27.7% over the past 5 years.
Debt Coverage: USIM5's debt is well covered by operating cash flow (23.7%).
Interest Coverage: USIM5 earns more interest than it pays, so coverage of interest payments is not a concern.