Companhia Siderúrgica Nacional Balance Sheet Health
Financial Health criteria checks 1/6
Companhia Siderúrgica Nacional has a total shareholder equity of R$15.2B and total debt of R$51.6B, which brings its debt-to-equity ratio to 338.9%. Its total assets and total liabilities are R$96.9B and R$81.6B respectively. Companhia Siderúrgica Nacional's EBIT is R$4.7B making its interest coverage ratio 1.5. It has cash and short-term investments of R$19.4B.
Key information
338.9%
Debt to equity ratio
R$51.63b
Debt
| Interest coverage ratio | 1.5x |
| Cash | R$19.44b |
| Equity | R$15.24b |
| Total liabilities | R$81.64b |
| Total assets | R$96.88b |
Recent financial health updates
Recent updates
Companhia Siderurgica Nacional: Leverage And Steel Market Shifts Redefine Outlook
Sep 17Companhia Siderúrgica Nacional Q1: Weak Result And Risks Materializing
May 29Companhia 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$34.9B) exceed its short term liabilities (R$26.1B).
Long Term Liabilities: SID's short term assets (R$34.9B) do not cover its long term liabilities (R$55.5B).
Debt to Equity History and Analysis
Debt Level: SID's net debt to equity ratio (211.3%) is considered high.
Reducing Debt: SID's debt to equity ratio has increased from 291.7% to 338.9% over the past 5 years.
Debt Coverage: SID's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: SID's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 22:43 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Companhia Siderúrgica Nacional is covered by 37 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rodrigo Ferraz | Banco Brascan S.A. |
| Leonardo Correa | Barclays |
| Mary Cleia da Silva | BB Banco de Investimento S.A. |