Nucor Balance Sheet Health

Financial Health criteria checks 6/6

Nucor has a total shareholder equity of $22.1B and total debt of $6.8B, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are $35.3B and $13.2B respectively. Nucor's EBIT is $6.2B making its interest coverage ratio -210.3. It has cash and short-term investments of $7.1B.

Key information

30.9%

Debt to equity ratio

US$6.84b

Debt

Interest coverage ratio-210.3x
CashUS$7.13b
EquityUS$22.12b
Total liabilitiesUS$13.22b
Total assetsUS$35.34b

Recent financial health updates

Recent updates

Here's Why Nucor (NYSE:NUE) Can Manage Its Debt Responsibly

Feb 13
Here's Why Nucor (NYSE:NUE) Can Manage Its Debt Responsibly

Nucor Has Major Macro Headwinds To Overcome In 2024

Feb 05

Nucor (NYSE:NUE) Is Achieving High Returns On Its Capital

Jan 17
Nucor (NYSE:NUE) Is Achieving High Returns On Its Capital

Nucor: Bet On Growing Steel Demand In The U.S.

Jan 15

Nucor Corporation's (NYSE:NUE) Low P/E No Reason For Excitement

Jan 02
Nucor Corporation's (NYSE:NUE) Low P/E No Reason For Excitement

Nucor: Investors Should Look Past Weak Q4 Guidance

Dec 18

Nucor's (NYSE:NUE) Shareholders Will Receive A Bigger Dividend Than Last Year

Dec 18
Nucor's (NYSE:NUE) Shareholders Will Receive A Bigger Dividend Than Last Year

Does Nucor (NYSE:NUE) Have A Healthy Balance Sheet?

Oct 24
Does Nucor (NYSE:NUE) Have A Healthy Balance Sheet?

Nucor: Muddling Through

Oct 17

Nucor Corporation: Delivering Shareholder Value Through Fundamental Market Demand

Sep 29

Nucor Is A Secular, Not Cyclical, Growth Story

Sep 07

Why The 26% Return On Capital At Nucor (NYSE:NUE) Should Have Your Attention

Sep 05
Why The 26% Return On Capital At Nucor (NYSE:NUE) Should Have Your Attention

Nucor Corp Is Simply Impressive

Aug 28

Nucor Earnings: 4 Mega-Trends Shaping The Energy Transition

Jul 25

Is Nucor (NYSE:NUE) A Risky Investment?

Jul 12
Is Nucor (NYSE:NUE) A Risky Investment?

Nucor: A Fantastic Steel Play Right Now

Jul 05

Nucor (NYSE:NUE) Knows How To Allocate Capital Effectively

Jun 07
Nucor (NYSE:NUE) Knows How To Allocate Capital Effectively

Nucor: Between Cyclical Headwinds And Secular Tailwinds

May 28

We Think Nucor (NYSE:NUE) Can Stay On Top Of Its Debt

Mar 15
We Think Nucor (NYSE:NUE) Can Stay On Top Of Its Debt

Returns on Capital Paint A Bright Future For Nucor (NYSE:NUE)

Mar 01
Returns on Capital Paint A Bright Future For Nucor (NYSE:NUE)

Nucor: Doing Fine In A Volatile Environment

Feb 16

Here's Why We Think Nucor (NYSE:NUE) Might Deserve Your Attention Today

Feb 16
Here's Why We Think Nucor (NYSE:NUE) Might Deserve Your Attention Today

Nucor Q4 2022 Earnings Preview

Jan 25

Nucor: Steel Is Sizzling Hot, Top 3 Reasons

Jan 11

Nucor CEO sells $404K in company shares

Dec 21

Nucor (NYSE:NUE) Is Increasing Its Dividend To $0.51

Dec 18
Nucor (NYSE:NUE) Is Increasing Its Dividend To $0.51

Nucor declares $0.51 dividend

Dec 14

Nucor: Steel Is Beating The S&P 500 This Quarter, And You Don't Know It

Dec 07

Nucor Corporation (NYSE:NUE) Shares Could Be 31% Below Their Intrinsic Value Estimate

Dec 02
Nucor Corporation (NYSE:NUE) Shares Could Be 31% Below Their Intrinsic Value Estimate

These 4 Measures Indicate That Nucor (NYSE:NUE) Is Using Debt Safely

Nov 20
These 4 Measures Indicate That Nucor (NYSE:NUE) Is Using Debt Safely

Nucor Q3 2022 Earnings Preview

Oct 19

Nucor Is A Long-Term Winner With Great Management

Oct 12

Top Large-Cap Magic Formula Stock For September: Nucor

Sep 30

Nucor: Let's Discuss These Uncertainties

Sep 13

Do Nucor's (NYSE:NUE) Earnings Warrant Your Attention?

Aug 26
Do Nucor's (NYSE:NUE) Earnings Warrant Your Attention?

Nucor Is Set For Its Best Year

Aug 19

Nucor (NYSE:NUE) Seems To Use Debt Rather Sparingly

Aug 11
Nucor (NYSE:NUE) Seems To Use Debt Rather Sparingly

Little Conviction And Lots Of Uncertainty On Nucor

Jul 28

Nucor Q2 2022 Earnings Preview

Jul 20

Financial Position Analysis

Short Term Liabilities: NUE's short term assets ($16.4B) exceed its short term liabilities ($4.6B).

Long Term Liabilities: NUE's short term assets ($16.4B) exceed its long term liabilities ($8.6B).


Debt to Equity History and Analysis

Debt Level: NUE has more cash than its total debt.

Reducing Debt: NUE's debt to equity ratio has reduced from 42.9% to 30.9% over the past 5 years.

Debt Coverage: NUE's debt is well covered by operating cash flow (103.9%).

Interest Coverage: NUE earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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