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Metalurgica Gerdau (BSP:GOAU4) Liabilities-to-Assets : 0.32 (As of Mar. 2024)


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What is Metalurgica Gerdau Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Metalurgica Gerdau's Total Liabilities for the quarter that ended in Mar. 2024 was R$24,843 Mil. Metalurgica Gerdau's Total Assets for the quarter that ended in Mar. 2024 was R$77,298 Mil. Therefore, Metalurgica Gerdau's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.32.


Metalurgica Gerdau Liabilities-to-Assets Historical Data

The historical data trend for Metalurgica Gerdau's Liabilities-to-Assets 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.

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Metalurgica Gerdau Liabilities-to-Assets Chart

Metalurgica Gerdau Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.50 0.42 0.37 0.34

Metalurgica Gerdau Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.36 0.33 0.34 0.32

Competitive Comparison of Metalurgica Gerdau's Liabilities-to-Assets

For the Steel subindustry, Metalurgica Gerdau's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Steel Industry

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

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



Metalurgica Gerdau Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

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

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=25659.023/75232.462
=0.34

Metalurgica Gerdau's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=24842.542/77297.571
=0.32

* 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.


Metalurgica Gerdau  (BSP:GOAU4) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Metalurgica Gerdau Liabilities-to-Assets Related Terms

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Metalurgica Gerdau (BSP:GOAU4) Business Description

Traded in Other Exchanges
Address
Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005
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:GOAU4) Headlines

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