Gerdau Balance Sheet Health
Financial Health criteria checks 6/6
Gerdau has a total shareholder equity of R$55.5B and total debt of R$12.5B, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are R$81.9B and R$26.3B respectively. Gerdau's EBIT is R$6.2B making its interest coverage ratio 111.7. It has cash and short-term investments of R$8.8B.
Key information
22.6%
Debt to equity ratio
R$12.53b
Debt
| Interest coverage ratio | 111.7x |
| Cash | R$8.83b |
| Equity | R$55.52b |
| Total liabilities | R$26.34b |
| Total assets | R$81.85b |
Recent financial health updates
No updates
Recent updates
Gerdau Q2: No Prospect Of Robust Improvement In The Short Term
Sep 29Gerdau: Demand From The Automotive Industry And Undervalued
Sep 03Gerdau: Underperforming Since My 'Hold' Rating
Jul 22Gerdau: Cheap Stock Void Of Direction
May 08Gerdau: Infrastructure Spending Could Fuel Growth In Face Of Cheap Chinese Steel
Feb 10Gerdau S.A.: Assessing If Storm Clouds Are Beginning To Form (Technical Analysis)
Jan 31Gerdau: Q3 Earnings, Limited Short-Term Catalysts, Raises Concerns
Nov 16Gerdau: Valuation Matters In The Downturn
Sep 19Gerdau: Still Performing, But I'm Still Careful And May Rotate Here
Aug 15Gerdau Is Positioned For Long-Term Success
May 26Gerdau: Remains A Solid Income Play
Feb 07Gerdau: A Solid Play At The Right Price, Just Not Now
Dec 07Gerdau reports Q3 results
Nov 09Gerdau Could Thrive Amidst Weakening Demand For Steel
Sep 27Gerdau: Still Some Questions, But Now A 'Buy'
Aug 09Gerdau Q2 2022 Earnings Preview
Aug 02Macro And Conflicts Set Upside Potential For Gerdau S.A.
May 17Gerdau Worth Another Look As Healthy Demand Leads To A More Gradual Down-Cycle
Mar 04Gerdau - Not My Current Steel Choice
Dec 26Gerdau Set For Record Cash Flows, But Investors Seem To Have Moved On
Sep 08Gerdau: Further Gains On The Cards
Jun 22Gerdau reports Q1 results
May 05Gerdau goes ex-dividend tomorrow
Dec 21Gerdau S.A.: Assessing Its Long-Term Potential
Dec 10Gerdau goes ex-dividend on Monday
Nov 06Gerdau S.A. 2020 Q3 - Results - Earnings Call Presentation
Oct 30Gerdau reports Q3 results
Oct 28Financial Position Analysis
Short Term Liabilities: GGB's short term assets (R$32.8B) exceed its short term liabilities (R$11.0B).
Long Term Liabilities: GGB's short term assets (R$32.8B) exceed its long term liabilities (R$15.3B).
Debt to Equity History and Analysis
Debt Level: GGB's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: GGB's debt to equity ratio has reduced from 56.4% to 22.6% over the past 5 years.
Debt Coverage: GGB's debt is well covered by operating cash flow (97.4%).
Interest Coverage: GGB's interest payments on its debt are well covered by EBIT (111.7x coverage).