ArcelorMittal Balance Sheet Health
Financial Health criteria checks 6/6
ArcelorMittal has a total shareholder equity of $56.1B and total debt of $9.5B, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are $93.9B and $37.8B respectively. ArcelorMittal's EBIT is $3.1B making its interest coverage ratio 21.6. It has cash and short-term investments of $7.7B.
Key information
17.0%
Debt to equity ratio
US$9.54b
Debt
Interest coverage ratio | 21.6x |
Cash | US$7.69b |
Equity | US$56.07b |
Total liabilities | US$37.85b |
Total assets | US$93.92b |
Recent financial health updates
These 4 Measures Indicate That ArcelorMittal (AMS:MT) Is Using Debt Extensively
Mar 25Is ArcelorMittal (AMS:MT) A Risky Investment?
Dec 11These 4 Measures Indicate That ArcelorMittal (AMS:MT) Is Using Debt Extensively
Aug 21Here's Why ArcelorMittal (AMS:MT) Has A Meaningful Debt Burden
May 23Recent updates
These 4 Measures Indicate That ArcelorMittal (AMS:MT) Is Using Debt Extensively
Mar 25Some Investors May Be Willing To Look Past ArcelorMittal's (AMS:MT) Soft Earnings
Feb 15Are Investors Undervaluing ArcelorMittal S.A. (AMS:MT) By 46%?
Jan 01Is ArcelorMittal (AMS:MT) A Risky Investment?
Dec 11Estimating The Intrinsic Value Of ArcelorMittal S.A. (AMS:MT)
Oct 02These 4 Measures Indicate That ArcelorMittal (AMS:MT) Is Using Debt Extensively
Aug 21ArcelorMittal S.A.'s (AMS:MT) Intrinsic Value Is Potentially 49% Above Its Share Price
Jul 04Here's Why ArcelorMittal (AMS:MT) Has A Meaningful Debt Burden
May 23A Look At The Intrinsic Value Of ArcelorMittal S.A. (AMS:MT)
Apr 05We Think You Can Look Beyond ArcelorMittal's (AMS:MT) Lackluster Earnings
Feb 17Calculating The Fair Value Of ArcelorMittal S.A. (AMS:MT)
Jan 05Should You Be Adding ArcelorMittal (AMS:MT) To Your Watchlist Today?
Dec 11Financial Position Analysis
Short Term Liabilities: MT's short term assets ($33.2B) exceed its short term liabilities ($21.8B).
Long Term Liabilities: MT's short term assets ($33.2B) exceed its long term liabilities ($16.1B).
Debt to Equity History and Analysis
Debt Level: MT's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: MT's debt to equity ratio has reduced from 27.3% to 17% over the past 5 years.
Debt Coverage: MT's debt is well covered by operating cash flow (80.2%).
Interest Coverage: MT's interest payments on its debt are well covered by EBIT (21.6x coverage).