ArcelorMittal Balance Sheet Health
Financial Health criteria checks 6/6
ArcelorMittal has a total shareholder equity of $53.3B and total debt of $12.0B, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are $91.5B and $38.2B respectively. ArcelorMittal's EBIT is $3.2B making its interest coverage ratio 33.6. It has cash and short-term investments of $5.3B.
Key information
22.6%
Debt to equity ratio
US$12.05b
Debt
| Interest coverage ratio | 33.6x |
| Cash | US$5.32b |
| Equity | US$53.30b |
| Total liabilities | US$38.15b |
| Total assets | US$91.45b |
Recent financial health updates
Is ArcelorMittal (AMS:MT) Using Too Much Debt?
Dec 03
ArcelorMittal (AMS:MT) Has A Somewhat Strained Balance Sheet
Jul 12Recent updates
Brazil, Mexico And India Projects Will Secure Sustainable Steel Leadership
Apr 24 Completion of strategic projects and acquisitions is expected to enhance revenue, earnings, and cash flow through increased EBITDA and structural earnings.ArcelorMittal S.A. (AMS:MT) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Apr 06We Like ArcelorMittal's (AMS:MT) Earnings For More Than Just Statutory Profit
Feb 14There's Reason For Concern Over ArcelorMittal S.A.'s (AMS:MT) Massive 29% Price Jump
Feb 07Is ArcelorMittal (AMS:MT) Using Too Much Debt?
Dec 03ArcelorMittal S.A.'s (AMS:MT) P/S Still Appears To Be Reasonable
Nov 09Calculating The Fair Value Of ArcelorMittal S.A. (AMS:MT)
Oct 18Earnings Miss: ArcelorMittal S.A. Missed EPS By 14% And Analysts Are Revising Their Forecasts
Aug 04ArcelorMittal (AMS:MT) Has A Somewhat Strained Balance Sheet
Jul 12Some Shareholders Feeling Restless Over ArcelorMittal S.A.'s (AMS:MT) P/S Ratio
May 27Financial Position Analysis
Short Term Liabilities: MT's short term assets ($29.7B) exceed its short term liabilities ($22.0B).
Long Term Liabilities: MT's short term assets ($29.7B) exceed its long term liabilities ($16.2B).
Debt to Equity History and Analysis
Debt Level: MT's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: MT's debt to equity ratio has reduced from 38.3% to 22.6% over the past 5 years.
Debt Coverage: MT's debt is well covered by operating cash flow (38.2%).
Interest Coverage: MT's interest payments on its debt are well covered by EBIT (33.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/11 10:06 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ArcelorMittal S.A. is covered by 60 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Jan Vos | ABN AMRO Bank N.V. |
| Pierre-Yves Gauthier | AlphaValue |
| null null | Banco de Sabadell. S.A. |