Companhia Siderúrgica Nacional Balance Sheet Health
Financial Health criteria checks 2/6
Companhia Siderúrgica Nacional has a total shareholder equity of R$19.7B and total debt of R$44.9B, which brings its debt-to-equity ratio to 227.9%. Its total assets and total liabilities are R$91.5B and R$71.8B respectively. Companhia Siderúrgica Nacional's EBIT is R$4.9B making its interest coverage ratio 1.6. It has cash and short-term investments of R$17.5B.
Key information
227.9%
Debt to equity ratio
R$44.86b
Debt
| Interest coverage ratio | 1.6x |
| Cash | R$17.55b |
| Equity | R$19.68b |
| Total liabilities | R$71.84b |
| Total assets | R$91.53b |
Recent financial health updates
Recent updates
Companhia Siderúrgica Nacional: Competition, Low Margins And High Leverage
Apr 07Companhia Siderúrgica Nacional: A Positive Outlook Beyond Q3
Dec 08Companhia SiderúRgica Nacional: Possibly Undervalued, But Not That Attractive
Oct 07Companhia Siderúrgica Nacional Will Face Headwinds, But Opportunities May Emerge
Aug 05Companhia Siderurgica Nacional: Still A Compelling Steel Play
Jan 23Companhia Siderurgica Nacional: Brazil's Integrated Industrial Conglomerate Could Be A Steal
Nov 08Companhia Siderurgica Q3 2022 Earnings Preview
Oct 31Companhia Siderurgica Nacional: A High-Yield Bullish Case Made Of Steel
Jul 27Companhia Siderurgica Nacional: Investor Day Marks A Timely Return To Growth
Jan 13Companhia Siderúrgica Nacional: LafargeHolcim Acquisition Represents Another Positive Step
Sep 23CSN: Value Creation Journey Continues With Latest Cement Acquisitions
Jul 08Companhia Siderurgica Nacional: Favorable Commodities Cycle Drives Accelerated Deleveraging Path
Jan 13Brazil steelmaker CSN surges to seven-year high on IPO plans
Dec 10Financial Position Analysis
Short Term Liabilities: SID's short term assets (R$33.1B) exceed its short term liabilities (R$25.0B).
Long Term Liabilities: SID's short term assets (R$33.1B) do not cover its long term liabilities (R$46.8B).
Debt to Equity History and Analysis
Debt Level: SID's net debt to equity ratio (138.7%) is considered high.
Reducing Debt: SID's debt to equity ratio has reduced from 287.9% to 227.9% over the past 5 years.
Debt Coverage: SID's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: SID's interest payments on its debt are not well covered by EBIT (1.6x coverage).