Companhia Siderúrgica Nacional Balance Sheet Health
Financial Health criteria checks 2/6
Companhia Siderúrgica Nacional has a total shareholder equity of R$19.8B and total debt of R$46.4B, which brings its debt-to-equity ratio to 234.8%. Its total assets and total liabilities are R$91.8B and R$72.1B respectively. Companhia Siderúrgica Nacional's EBIT is R$4.8B making its interest coverage ratio 1.6. It has cash and short-term investments of R$16.4B.
Key information
234.8%
Debt to equity ratio
R$46.39b
Debt
Interest coverage ratio | 1.6x |
Cash | R$16.42b |
Equity | R$19.76b |
Total liabilities | R$72.08b |
Total assets | R$91.84b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SID N's short term assets (R$32.5B) exceed its short term liabilities (R$25.2B).
Long Term Liabilities: SID N's short term assets (R$32.5B) do not cover its long term liabilities (R$46.9B).
Debt to Equity History and Analysis
Debt Level: SID N's net debt to equity ratio (151.7%) is considered high.
Reducing Debt: SID N's debt to equity ratio has reduced from 276.1% to 234.8% over the past 5 years.
Debt Coverage: SID N's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: SID N's interest payments on its debt are not well covered by EBIT (1.6x coverage).