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$6.9B, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are R$39.4B and R$12.9B respectively. Usinas Siderúrgicas de Minas Gerais's EBIT is R$177.3M making its interest coverage ratio -1.3. It has cash and short-term investments of R$5.7B.
Key information
26.1%
Debt to equity ratio
R$6.92b
Debt
Interest coverage ratio | -1.3x |
Cash | R$5.74b |
Equity | R$26.56b |
Total liabilities | R$12.89b |
Total assets | R$39.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XUSIO's short term assets (R$17.1B) exceed its short term liabilities (R$4.8B).
Long Term Liabilities: XUSIO's short term assets (R$17.1B) exceed its long term liabilities (R$8.1B).
Debt to Equity History and Analysis
Debt Level: XUSIO's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: XUSIO's debt to equity ratio has reduced from 41.1% to 26.1% over the past 5 years.
Debt Coverage: XUSIO's debt is well covered by operating cash flow (45.9%).
Interest Coverage: XUSIO earns more interest than it pays, so coverage of interest payments is not a concern.