Nucor Balance Sheet Health
Financial Health criteria checks 6/6
Nucor has a total shareholder equity of $21.6B and total debt of $7.1B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are $34.3B and $12.8B respectively. Nucor's EBIT is $3.6B making its interest coverage ratio -57.5. It has cash and short-term investments of $4.9B.
Key information
32.9%
Debt to equity ratio
US$7.09b
Debt
| Interest coverage ratio | -57.5x |
| Cash | US$4.86b |
| Equity | US$21.56b |
| Total liabilities | US$12.79b |
| Total assets | US$34.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NUO's short term assets ($13.5B) exceed its short term liabilities ($5.2B).
Long Term Liabilities: NUO's short term assets ($13.5B) exceed its long term liabilities ($7.6B).
Debt to Equity History and Analysis
Debt Level: NUO's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: NUO's debt to equity ratio has reduced from 39.4% to 32.9% over the past 5 years.
Debt Coverage: NUO's debt is well covered by operating cash flow (67.2%).
Interest Coverage: NUO earns more interest than it pays, so coverage of interest payments is not a concern.