Gerdau Balance Sheet Health
Financial Health criteria checks 6/6
Gerdau has a total shareholder equity of R$55.3B and total debt of R$12.6B, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are R$82.4B and R$27.1B respectively. Gerdau's EBIT is R$5.9B making its interest coverage ratio -299.1. It has cash and short-term investments of R$6.6B.
Key information
22.8%
Debt to equity ratio
R$12.61b
Debt
| Interest coverage ratio | -299.1x |
| Cash | R$6.64b |
| Equity | R$55.34b |
| Total liabilities | R$27.06b |
| Total assets | R$82.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGB N's short term assets (R$31.8B) exceed its short term liabilities (R$11.2B).
Long Term Liabilities: GGB N's short term assets (R$31.8B) exceed its long term liabilities (R$15.8B).
Debt to Equity History and Analysis
Debt Level: GGB N's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: GGB N's debt to equity ratio has reduced from 55.3% to 22.8% over the past 5 years.
Debt Coverage: GGB N's debt is well covered by operating cash flow (69.2%).
Interest Coverage: GGB N earns more interest than it pays, so coverage of interest payments is not a concern.