Companhia Siderúrgica Nacional Balance Sheet Health
Financial Health criteria checks 2/6
Companhia Siderúrgica Nacional has a total shareholder equity of R$19.7B and total debt of R$44.9B, which brings its debt-to-equity ratio to 227.9%. Its total assets and total liabilities are R$91.5B and R$71.8B respectively. Companhia Siderúrgica Nacional's EBIT is R$4.9B making its interest coverage ratio 1.6. It has cash and short-term investments of R$17.5B.
Key information
227.9%
Debt to equity ratio
R$44.86b
Debt
Interest coverage ratio | 1.6x |
Cash | R$17.55b |
Equity | R$19.68b |
Total liabilities | R$71.84b |
Total assets | R$91.53b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CQWA's short term assets (R$33.1B) exceed its short term liabilities (R$25.0B).
Long Term Liabilities: CQWA's short term assets (R$33.1B) do not cover its long term liabilities (R$46.8B).
Debt to Equity History and Analysis
Debt Level: CQWA's net debt to equity ratio (138.7%) is considered high.
Reducing Debt: CQWA's debt to equity ratio has reduced from 287.9% to 227.9% over the past 5 years.
Debt Coverage: CQWA's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: CQWA's interest payments on its debt are not well covered by EBIT (1.6x coverage).