Companhia Siderúrgica Nacional Balance Sheet Health
Financial Health criteria checks 1/6
Companhia Siderúrgica Nacional has a total shareholder equity of R$15.2B and total debt of R$51.6B, which brings its debt-to-equity ratio to 338.9%. Its total assets and total liabilities are R$96.9B and R$81.6B respectively. Companhia Siderúrgica Nacional's EBIT is R$4.5B making its interest coverage ratio 0.8. It has cash and short-term investments of R$19.5B.
Key information
338.9%
Debt to equity ratio
R$51.63b
Debt
| Interest coverage ratio | 0.8x |
| Cash | R$19.48b |
| Equity | R$15.24b |
| Total liabilities | R$81.64b |
| Total assets | R$96.88b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SID N's short term assets (R$34.9B) exceed its short term liabilities (R$26.1B).
Long Term Liabilities: SID N's short term assets (R$34.9B) do not cover its long term liabilities (R$55.5B).
Debt to Equity History and Analysis
Debt Level: SID N's net debt to equity ratio (211%) is considered high.
Reducing Debt: SID N's debt to equity ratio has increased from 291.7% to 338.9% over the past 5 years.
Debt Coverage: SID N's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: SID N's interest payments on its debt are not well covered by EBIT (0.8x coverage).