Nucor Balance Sheet Health
Financial Health criteria checks 6/6
Nucor has a total shareholder equity of $22.1B and total debt of $6.7B, which brings its debt-to-equity ratio to 30.1%. 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
30.1%
Debt to equity ratio
US$6.65b
Debt
| Interest coverage ratio | -210.3x |
| Cash | US$7.13b |
| Equity | US$22.12b |
| Total liabilities | US$13.22b |
| Total assets | US$35.34b |
Recent financial health updates
Here's Why Nucor (NYSE:NUE) Can Manage Its Debt Responsibly
Feb 13
Does Nucor (NYSE:NUE) Have A Healthy Balance Sheet?
Oct 24Is Nucor (NYSE:NUE) A Risky Investment?
Jul 12We Think Nucor (NYSE:NUE) Can Stay On Top Of Its Debt
Mar 15These 4 Measures Indicate That Nucor (NYSE:NUE) Is Using Debt Safely
Nov 20Recent updates
Nucor: A Solid Start To 2024
Apr 05It's Time To Book Huge Profits On Nucor Corporation Investments
Mar 25Estimating The Intrinsic Value Of Nucor Corporation (NYSE:NUE)
Feb 27Here's Why Nucor (NYSE:NUE) Can Manage Its Debt Responsibly
Feb 13Nucor Has Major Macro Headwinds To Overcome In 2024
Feb 05Nucor (NYSE:NUE) Is Achieving High Returns On Its Capital
Jan 17Nucor: Bet On Growing Steel Demand In The U.S.
Jan 15Nucor Corporation's (NYSE:NUE) Low P/E No Reason For Excitement
Jan 02Nucor: Investors Should Look Past Weak Q4 Guidance
Dec 18Nucor's (NYSE:NUE) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 18Does Nucor (NYSE:NUE) Have A Healthy Balance Sheet?
Oct 24Nucor: Muddling Through
Oct 17Nucor Corporation: Delivering Shareholder Value Through Fundamental Market Demand
Sep 29Nucor Is A Secular, Not Cyclical, Growth Story
Sep 07Why The 26% Return On Capital At Nucor (NYSE:NUE) Should Have Your Attention
Sep 05Nucor Corp Is Simply Impressive
Aug 28Nucor Earnings: 4 Mega-Trends Shaping The Energy Transition
Jul 25Is Nucor (NYSE:NUE) A Risky Investment?
Jul 12Nucor: A Fantastic Steel Play Right Now
Jul 05Nucor (NYSE:NUE) Knows How To Allocate Capital Effectively
Jun 07Nucor: Between Cyclical Headwinds And Secular Tailwinds
May 28We Think Nucor (NYSE:NUE) Can Stay On Top Of Its Debt
Mar 15Returns on Capital Paint A Bright Future For Nucor (NYSE:NUE)
Mar 01Nucor: Doing Fine In A Volatile Environment
Feb 16Here's Why We Think Nucor (NYSE:NUE) Might Deserve Your Attention Today
Feb 16Nucor Q4 2022 Earnings Preview
Jan 25Nucor: Steel Is Sizzling Hot, Top 3 Reasons
Jan 11Nucor CEO sells $404K in company shares
Dec 21Nucor (NYSE:NUE) Is Increasing Its Dividend To $0.51
Dec 18Nucor declares $0.51 dividend
Dec 14Nucor: Steel Is Beating The S&P 500 This Quarter, And You Don't Know It
Dec 07Nucor Corporation (NYSE:NUE) Shares Could Be 31% Below Their Intrinsic Value Estimate
Dec 02These 4 Measures Indicate That Nucor (NYSE:NUE) Is Using Debt Safely
Nov 20Nucor Q3 2022 Earnings Preview
Oct 19Nucor Is A Long-Term Winner With Great Management
Oct 12Top Large-Cap Magic Formula Stock For September: Nucor
Sep 30Nucor: Let's Discuss These Uncertainties
Sep 13Financial 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 30.1% over the past 5 years.
Debt Coverage: NUE's debt is well covered by operating cash flow (106.9%).
Interest Coverage: NUE earns more interest than it pays, so coverage of interest payments is not a concern.