Gerdau Balance Sheet Health
Financial Health criteria checks 6/6
Gerdau has a total shareholder equity of R$52.1B and total debt of R$11.0B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are R$77.0B and R$24.9B respectively. Gerdau's EBIT is R$6.7B making its interest coverage ratio -154. It has cash and short-term investments of R$5.9B.
Key information
21.2%
Debt to equity ratio
R$11.04b
Debt
Interest coverage ratio | -154x |
Cash | R$5.94b |
Equity | R$52.11b |
Total liabilities | R$24.85b |
Total assets | R$76.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XGGB's short term assets (R$29.7B) exceed its short term liabilities (R$10.6B).
Long Term Liabilities: XGGB's short term assets (R$29.7B) exceed its long term liabilities (R$14.2B).
Debt to Equity History and Analysis
Debt Level: XGGB's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: XGGB's debt to equity ratio has reduced from 56.7% to 21.2% over the past 5 years.
Debt Coverage: XGGB's debt is well covered by operating cash flow (90.6%).
Interest Coverage: XGGB earns more interest than it pays, so coverage of interest payments is not a concern.