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ArcelorMittalXMAD:MTS +1.92%67 Cash-to-Debt is 0.34 as of Jun. 2026, which is 17% below its 10-year median of 0.41. GuruFocus rates XMAD:MTS with a GF Score™ of 67/100 and a GF Value™ of €24.13 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 619 Steel companies, ArcelorMittal ranks worse than 55.41% on this metric.
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. ArcelorMittal's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.34.
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, ArcelorMittalcouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for ArcelorMittal's Cash-to-Debt or its related term are showing as below:
XMAD:MTS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.41 Max: 0.8
Current: 0.34
During the past 13 years, ArcelorMittal's highest Cash to Debt Ratio was 0.80. The lowest was 0.15. And the median was 0.41.
XMAD:MTS's Cash-to-Debt is ranked worse than 55.41% of 619
companies
in the Steel industry
Industry Median: 0.39
vs XMAD:MTS: 0.34
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.
ArcelorMittal Cash-to-Debt Related Terms
ArcelorMittal Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for ArcelorMittal'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.
XMAD:MTS vs NUE, STLD, RS: Cash-to-Debt Comparison
For the Steel subindustry, ArcelorMittal'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.
ArcelorMittal Cash-to-Debt vs Steel Industry
For the Steel industry and Basic Materials sector, ArcelorMittal's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where ArcelorMittal's Cash-to-Debt falls into.
* 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.
ArcelorMittal (XMAD:MTS) has a Cash-to-Debt of 0.34 as of Jun. 2026. This is 17% below median its historical median of 0.41. Over the past decade, ArcelorMittal's Cash-to-Debt has ranged from 0.15 to 0.80. According to the industry distribution chart, ArcelorMittal ranks #343 out of 619 companies in the Steel industry, placing it in the top 55.4%.
Is ArcelorMittal's Cash-to-Debt too high?
ArcelorMittal's current Cash-to-Debt of 0.34 is 17% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.80. The Steel industry median Cash-to-Debt is 0.39. ArcelorMittal's value of 0.34 is 12.8% below this industry median. Based on the distribution chart, ArcelorMittal ranks #343 out of 619 companies in the Steel industry, which is below the industry midpoint. Overall, ArcelorMittal has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ArcelorMittal's Cash-to-Debt compare to NUE and STLD?
According to the Steel industry distribution chart, ArcelorMittal ranks #343 out of 619 companies for Cash-to-Debt. This places ArcelorMittal in the lower half of its industry. The industry median Cash-to-Debt is 0.39. ArcelorMittal's value of 0.34 is 12.8% below this benchmark. Historically, ArcelorMittal's own Cash-to-Debt has ranged from 0.15 to 0.80 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.39, ArcelorMittal has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Steel company?
The median Cash-to-Debt among Steel companies is 0.39, based on 619 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ArcelorMittal's current Cash-to-Debt of 0.34 is 12.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median Cash-to-Debt is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ArcelorMittal's current Cash-to-Debt is 0.34, which is 17% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ArcelorMittal stock overvalued right now?
Based on GuruFocus' analysis, ArcelorMittal (XMAD:MTS) is currently considered Significantly Overvalued. The stock's GF Value™ is €24.13, compared to a current price of €60.64 — trading 151.3% above its estimated fair value. The current Cash-to-Debt is 0.34, which is 17% below median its 10-year median of 0.41 and 12.8% below the Steel industry median of 0.39. ArcelorMittal's overall GF Score™ is 67/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For ArcelorMittal (XMAD:MTS), the current Cash-to-Debt is 0.34 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ArcelorMittal (XMAD:MTS) Overvalued in 2026?
Based on GuruFocus' analysis, ArcelorMittal stock appears to be overvalued.
The current stock price of €60.64 is trading 151.3% above its estimated GF Value™ of €24.13.
GuruFocus considers ArcelorMittal to be Significantly Overvalued.
Key valuation signals for XMAD:MTS:
Cash-to-Debt: 0.34 (17% below median its 10-year median of 0.41)
GF Value™: €24.13 vs. price of €60.64 (151.3% above fair value)
Industry Position: 12.8% below the Steel median (#343 of 619)
No single metric tells the full story. See the XMAD:MTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ArcelorMittal SA is an integrated steel and mining company. The company's reportable operating segments include North America, Brazil, Europe, India and JVs, Sustainable Solutions, and Mining. It generates maximum revenue from the Europe segment. The Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold to customers in the automotive, general, and packaging sectors, as well as producing long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from the United States, followed by Brazil, Canada, Mexico, Argentina, and other markets.
67GF Score
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