Metalurgica Gerdau (BSP:GOAU3) Cash-to-Debt : 0.35 (As of Jun. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Metalurgica Gerdau Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Metalurgica Gerdau's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.35.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Metalurgica Gerdau couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Metalurgica Gerdau's Cash-to-Debt or its related term are showing as below:

BSP:GOAU3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.33 Max: 0.5
Current: 0.46

During the past 13 years, Metalurgica Gerdau's highest Cash to Debt Ratio was 0.50. The lowest was 0.20. And the median was 0.33.

BSP:GOAU3's Cash-to-Debt is ranked better than
52.2% of 615 companies
in the Steel industry
Industry Median: 0.43 vs BSP:GOAU3: 0.46

Metalurgica Gerdau Cash-to-Debt Historical Data

The historical data trend for Metalurgica Gerdau's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Metalurgica Gerdau Cash-to-Debt Chart

Metalurgica Gerdau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.37

0.47

0.50

0.46

Metalurgica Gerdau Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.65	0.46	0.44	0.35	0.46

Competitive Comparison of Metalurgica Gerdau's Cash-to-Debt

For the Steel subindustry, Metalurgica Gerdau's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Metalurgica Gerdau's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Metalurgica Gerdau's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Metalurgica Gerdau's Cash-to-Debt falls into.

Metalurgica Gerdau Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Metalurgica Gerdau's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	5640.724	/	(2170.773	+	10025.129)
	=	0.46

Metalurgica Gerdau's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	4184.642	/	(1323.454	+	10607.522)
	=	0.35

Metalurgica Gerdau (BSP:GOAU3) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Metalurgica Gerdau Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Metalurgica Gerdau's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Metalurgica Gerdau (BSP:GOAU3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Metalurgica Gerdau SA (BSP:GOAU3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GOAU4:Brazil

Address

Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005

Website

https://www2.gerdau.com.br

Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.

Metalurgica Gerdau (BSP:GOAU3) Headlines

No Headlines