ArcelorMittal South Africa Limited

JSE:ACL Stock Report

Market Cap: R1.1b

ArcelorMittal South Africa Balance Sheet Health

Financial Health criteria checks 2/6

ArcelorMittal South Africa has a total shareholder equity of ZAR7.8B and total debt of ZAR6.7B, which brings its debt-to-equity ratio to 85.9%. Its total assets and total liabilities are ZAR29.1B and ZAR21.3B respectively.

Key information

85.9%

Debt to equity ratio

R6.70b

Debt

Interest coverage ration/a
CashR3.49b
EquityR7.80b
Total liabilitiesR21.31b
Total assetsR29.11b

Recent financial health updates

Recent updates

Does ArcelorMittal South Africa (JSE:ACL) Have A Healthy Balance Sheet?

May 16
Does ArcelorMittal South Africa (JSE:ACL) Have A Healthy Balance Sheet?

Here's Why We Think ArcelorMittal South Africa (JSE:ACL) Might Deserve Your Attention Today

Sep 01
Here's Why We Think ArcelorMittal South Africa (JSE:ACL) Might Deserve Your Attention Today

ArcelorMittal South Africa Ltd Just Beat Revenue Estimates By 11%

Jul 31
ArcelorMittal South Africa Ltd Just Beat Revenue Estimates By 11%

Is ArcelorMittal South Africa (JSE:ACL) A Risky Investment?

Jun 14
Is ArcelorMittal South Africa (JSE:ACL) A Risky Investment?

One ArcelorMittal South Africa Ltd (JSE:ACL) Analyst Just Slashed Their 2021 Revenue Estimates

Aug 11
One ArcelorMittal South Africa Ltd (JSE:ACL) Analyst Just Slashed Their 2021 Revenue Estimates

We Think ArcelorMittal South Africa's (JSE:ACL) Healthy Earnings Might Be Conservative

Aug 05
We Think ArcelorMittal South Africa's (JSE:ACL) Healthy Earnings Might Be Conservative

New Forecasts: Here's What Analysts Think The Future Holds For ArcelorMittal South Africa Ltd (JSE:ACL)

Jul 28
New Forecasts: Here's What Analysts Think The Future Holds For ArcelorMittal South Africa Ltd (JSE:ACL)

ArcelorMittal South Africa (JSE:ACL) Has Debt But No Earnings; Should You Worry?

Apr 14
ArcelorMittal South Africa (JSE:ACL) Has Debt But No Earnings; Should You Worry?

Introducing ArcelorMittal South Africa (JSE:ACL), The Stock That Zoomed 145% In The Last Year

Feb 21
Introducing ArcelorMittal South Africa (JSE:ACL), The Stock That Zoomed 145% In The Last Year

ArcelorMittal South Africa (JSE:ACL) Has Debt But No Earnings; Should You Worry?

Dec 20
ArcelorMittal South Africa (JSE:ACL) Has Debt But No Earnings; Should You Worry?

Financial Position Analysis

Short Term Liabilities: ACL's short term assets (ZAR19.7B) exceed its short term liabilities (ZAR16.3B).

Long Term Liabilities: ACL's short term assets (ZAR19.7B) exceed its long term liabilities (ZAR5.1B).


Debt to Equity History and Analysis

Debt Level: ACL's net debt to equity ratio (41.2%) is considered high.

Reducing Debt: ACL's debt to equity ratio has increased from 37.7% to 85.9% over the past 5 years.


Balance Sheet


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: Insufficient data to determine if ACL has enough cash runway 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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