Nucor Balance Sheet Health
Financial Health criteria checks 6/6
Nucor has a total shareholder equity of $21.7B and total debt of $6.9B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are $33.9B and $12.2B respectively. Nucor's EBIT is $5.8B making its interest coverage ratio -74.7. It has cash and short-term investments of $5.5B.
Key information
31.5%
Debt to equity ratio
US$6.85b
Debt
Interest coverage ratio | -74.7x |
Cash | US$5.54b |
Equity | US$21.73b |
Total liabilities | US$12.21b |
Total assets | US$33.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K9L's short term assets ($14.6B) exceed its short term liabilities ($3.6B).
Long Term Liabilities: 0K9L's short term assets ($14.6B) exceed its long term liabilities ($8.6B).
Debt to Equity History and Analysis
Debt Level: 0K9L's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 0K9L's debt to equity ratio has reduced from 41% to 31.5% over the past 5 years.
Debt Coverage: 0K9L's debt is well covered by operating cash flow (92.9%).
Interest Coverage: 0K9L earns more interest than it pays, so coverage of interest payments is not a concern.