ArcelorMittal South Africa Limited
JSE:ACL Stock Report
ArcelorMittal South Africa Balance Sheet Health
Financial Health criteria checks 3/6 ArcelorMittal South Africa has a total shareholder equity of ZAR6.6B and total debt of ZAR7.5B, which brings its debt-to-equity ratio to 113.9%. Its total assets and total liabilities are ZAR28.5B and ZAR21.9B respectively.
Key information
113.9%
Debt to equity ratio
Interest coverage ratio n/a Cash R2.76b Equity R6.59b Total liabilities R21.94b Total assets R28.53b
Recent financial health updates
Show all updates
ArcelorMittal South Africa Limited to Report First Half, 2024 Results on Aug 01, 2024 Jul 02
ArcelorMittal South Africa Limited, Annual General Meeting, May 24, 2024 Apr 20
Full year 2023 earnings released: R3.52 loss per share (vs R2.36 profit in FY 2022) Apr 02 ArcelorMittal South Africa Limited Announces Appointment of Gavin Griffiths as Executive Director, Effective from April 1, 2024 ArcelorMittal South Africa Limited to Report Fiscal Year 2023 Results on Feb 08, 2024 ArcelorMittal South Africa Limited Announces Wind Down of the Broader Long Steel Products Operations Nov 29
First half 2023 earnings released: R0.32 loss per share (vs R2.76 profit in 1H 2022) Jul 31
New major risk - Share price stability Jul 19
Does ArcelorMittal South Africa (JSE:ACL) Have A Healthy Balance Sheet? May 16
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Apr 09
Consensus revenue estimates increase by 18% Feb 19
Full year 2022 earnings: Revenues exceed analyst expectations Feb 12
Now 21% undervalued after recent price drop Feb 07 ArcelorMittal South Africa Ltd Provides Earnings Guidance for the Year Ended December 31, 2022
Now 20% undervalued Jan 10
Price target decreased to R6.00 Nov 16
Here's Why We Think ArcelorMittal South Africa (JSE:ACL) Might Deserve Your Attention Today Sep 01
Consensus forecasts updated Aug 04
ArcelorMittal South Africa Ltd Just Beat Revenue Estimates By 11% Jul 31
First half 2022 earnings released Jul 30
Consensus EPS estimates fall by 20% Jul 20
Is ArcelorMittal South Africa (JSE:ACL) A Risky Investment? Jun 14
Price target increased to R10.50 Apr 27
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Apr 14
ArcelorMittal South Africa Ltd Provides Earnings Guidance for the Year Ended 31 December 2021 Jan 26
Price target increased to R9.60 Jan 17
Investor sentiment improved over the past week Jan 06
Investor sentiment improved over the past week Dec 09
Price target decreased to R8.00 Sep 30
One ArcelorMittal South Africa Ltd (JSE:ACL) Analyst Just Slashed Their 2021 Revenue Estimates Aug 11
We Think ArcelorMittal South Africa's (JSE:ACL) Healthy Earnings Might Be Conservative Aug 05
First half 2021 earnings released: EPS R2.02 (vs R2.11 loss in 1H 2020) Aug 02
New Forecasts: Here's What Analysts Think The Future Holds For ArcelorMittal South Africa Ltd (JSE:ACL) Jul 28
CFO & Executive Director recently bought R722k worth of stock May 28
ArcelorMittal South Africa (JSE:ACL) Has Debt But No Earnings; Should You Worry? Apr 14
Non-Executive Director has left the company Apr 03
ArcelorMittal South Africa Limited Announces Changes to the Board Mar 19
Introducing ArcelorMittal South Africa (JSE:ACL), The Stock That Zoomed 145% In The Last Year Feb 21
Analysts update estimates Feb 17
Price target raised to R2.83 Feb 15
Price target raised to R4.25 Feb 12
ArcelorMittal South Africa Ltd Announces Directorate Appointments Jan 31
ArcelorMittal South Africa Ltd to Report Fiscal Year 2020 Results on Feb 11, 2021 Jan 30
New 90-day high: R1.61 Jan 29
ArcelorMittal South Africa Ltd Announces Resignation of Jacob Modise as Independent Non-Executive Director Jan 29
Independent Non-Executive Director has left the company Jan 28
Price target lowered to R0.50 Jan 18
New 90-day high: R1.36 Jan 11
ArcelorMittal South Africa (JSE:ACL) Has Debt But No Earnings; Should You Worry? Dec 20
Price target raised to R1.02 Dec 16
New 90-day high: R0.66 Dec 04
New 90-day high: R0.49 Nov 18
Price target lowered to R0.87 Oct 08
New 90-day low - R0.34 Jul 30
Financial Position Analysis
Short Term Liabilities: ACL's short term assets (ZAR18.9B) exceed its short term liabilities (ZAR15.8B).
Long Term Liabilities: ACL's short term assets (ZAR18.9B) exceed its long term liabilities (ZAR6.1B).
Debt to Equity History and Analysis
Debt Level: ACL's net debt to equity ratio (72%) is considered high .
Reducing Debt: ACL's debt to equity ratio has increased from 55.4% to 113.9% over the past 5 years.
Cash Runway Analysis For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ACL has sufficient cash runway for more than 3 years based on its current free cash flow .
Forecast Cash Runway: Insufficient data to determine if ACL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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