Nucor Balance Sheet Health
Financial Health criteria checks 6/6
Nucor has a total shareholder equity of $21.6B and total debt of $7.1B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are $34.3B and $12.8B respectively. Nucor's EBIT is $3.6B making its interest coverage ratio -57.5. It has cash and short-term investments of $4.9B.
Key information
32.9%
Debt to equity ratio
US$7.09b
Debt
| Interest coverage ratio | -57.5x |
| Cash | US$4.86b |
| Equity | US$21.56b |
| Total liabilities | US$12.79b |
| Total assets | US$34.35b |
Recent financial health updates
Does Nucor (NYSE:NUE) Have A Healthy Balance Sheet?
Jul 12
Here's Why Nucor (NYSE:NUE) Can Manage Its Debt Responsibly
Feb 13Does 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 15Recent updates
Nucor's Near-Term Growth May Depend On Public Policy
Oct 23Nucor Will Navigate The Steel Industry's Short Term Price Crisis And Long Term Energy Transition
Sep 12Why Investors Shouldn't Be Surprised By Nucor Corporation's (NYSE:NUE) Low P/E
Aug 26Results: Nucor Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Jul 26Nucor Is Diversifying To Hedge In A Soft Steel Market
Jul 16Does Nucor (NYSE:NUE) Have A Healthy Balance Sheet?
Jul 12Nucor: Attractive Amidst M&A And A Favorable Long-Term Outlook
Jun 04Slowing Rates Of Return At Nucor (NYSE:NUE) Leave Little Room For Excitement
May 27Nucor Corporation's (NYSE:NUE) CEO Compensation Is Looking A Bit Stretched At The Moment
May 03Nucor Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Apr 26Nucor: 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 16Financial Position Analysis
Short Term Liabilities: NUE's short term assets ($13.5B) exceed its short term liabilities ($5.2B).
Long Term Liabilities: NUE's short term assets ($13.5B) exceed its long term liabilities ($7.6B).
Debt to Equity History and Analysis
Debt Level: NUE's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: NUE's debt to equity ratio has reduced from 39.4% to 32.9% over the past 5 years.
Debt Coverage: NUE's debt is well covered by operating cash flow (67.2%).
Interest Coverage: NUE earns more interest than it pays, so coverage of interest payments is not a concern.