Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) Debt-to-Equity: 0.33 (As of Mar. 2026) — 11% Below Median

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XMAD:XUSIO Usinas Siderurgicas de Minas Gerais SA XMAD:XUSIO
48 GF Score
Price €1.28
GF Value €0.98
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Usinas Siderurgicas de Minas Gerais Debt-to-Equity?

Usinas Siderurgicas de Minas Gerais XMAD:XUSIO 48 Debt-to-Equity is 0.33 as of Mar. 2026, which is 11% below its 10-year median of 0.37. GuruFocus rates XMAD:XUSIO with a GF Score™ of 48/100 and a GF Value™ of €0.98 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 546 Steel companies, Usinas Siderurgicas de Minas Gerais ranks better than 58.79% on this metric.

Usinas Siderurgicas de Minas Gerais's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €108 Mil. Usinas Siderurgicas de Minas Gerais's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €1,016 Mil. Usinas Siderurgicas de Minas Gerais's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €3,397 Mil. Usinas Siderurgicas de Minas Gerais's debt to equity for the quarter that ended in Mar. 2026 was 0.33.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Usinas Siderurgicas de Minas Gerais's Debt-to-Equity or its related term are showing as below:

XMAD:XUSIO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25   Med: 0.37   Max: 0.55
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Usinas Siderurgicas de Minas Gerais was 0.55. The lowest was 0.25. And the median was 0.37.

XMAD:XUSIO's Debt-to-Equity is ranked better than
58.79% of 546 companies
in the Steel industry
Industry Median: 0.4 vs XMAD:XUSIO: 0.33

Usinas Siderurgicas de Minas Gerais  (XMAD:XUSIO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Usinas Siderurgicas de Minas Gerais Debt-to-Equity Related Terms


Usinas Siderurgicas de Minas Gerais Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Usinas Siderurgicas de Minas Gerais's Debt-to-Equity 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.

Usinas Siderurgicas de Minas Gerais Debt-to-Equity Chart

Usinas Siderurgicas de Minas Gerais Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.31 0.32 0.33 0.34

Usinas Siderurgicas de Minas Gerais Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.35 0.35 0.34 0.34 0.33

XMAD:XUSIO vs NUE, STLD, RS: Debt-to-Equity Comparison

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Usinas Siderurgicas de Minas Gerais Debt-to-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Debt-to-Equity falls into.


XMAD:XUSIO
48GF Score
Usinas Siderurgicas de Minas Gerais SA XMAD:XUSIO
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Usinas Siderurgicas de Minas Gerais Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Usinas Siderurgicas de Minas Gerais's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Usinas Siderurgicas de Minas Gerais's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.33 mean?
Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) has a Debt-to-Equity of 0.33 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. This is 11% below median its historical median of 0.37. Over the past decade, Usinas Siderurgicas de Minas Gerais' Debt-to-Equity has ranged from 0.25 to 0.55. According to the industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #225 out of 546 companies in the Steel industry, placing it in the top 41.2%.
Is Usinas Siderurgicas de Minas Gerais' Debt-to-Equity too high?
Usinas Siderurgicas de Minas Gerais' current Debt-to-Equity of 0.33 is 11% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.55. The Steel industry median Debt-to-Equity is 0.40. Usinas Siderurgicas de Minas Gerais' value of 0.33 is 17.5% below this industry median. Based on the distribution chart, Usinas Siderurgicas de Minas Gerais ranks #225 out of 546 companies in the Steel industry, which is above the industry midpoint. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #225 out of 546 companies for Debt-to-Equity. This puts Usinas Siderurgicas de Minas Gerais in the upper half of its industry. The industry median Debt-to-Equity is 0.40. Usinas Siderurgicas de Minas Gerais' value of 0.33 is 17.5% below this benchmark. Historically, Usinas Siderurgicas de Minas Gerais' own Debt-to-Equity has ranged from 0.25 to 0.55 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.40, Usinas Siderurgicas de Minas Gerais 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 Debt-to-Equity for a Steel company?
The median Debt-to-Equity among Steel companies is 0.40, based on 546 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Usinas Siderurgicas de Minas Gerais's current Debt-to-Equity of 0.33 is 17.5% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. For the Steel industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usinas Siderurgicas de Minas Gerais's current Debt-to-Equity is 0.33, which is 11% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usinas Siderurgicas de Minas Gerais stock overvalued right now?
Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.98, compared to a current price of €1.28 — trading 30.6% above its estimated fair value. The current Debt-to-Equity is 0.33, which is 11% below median its 10-year median of 0.37 and 17.5% below the Steel industry median of 0.40. Usinas Siderurgicas de Minas Gerais' overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO), the current Debt-to-Equity is 0.33 as of Mar. 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 Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) Overvalued in 2026?

Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais stock appears to be overvalued. The current stock price of €1.28 is trading 30.6% above its estimated GF Value™ of €0.98. GuruFocus considers Usinas Siderurgicas de Minas Gerais to be Significantly Overvalued.

Key valuation signals for XMAD:XUSIO:

  • Debt-to-Equity: 0.33 (11% below median its 10-year median of 0.37)
  • GF Value™: €0.98 vs. price of €1.28 (30.6% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 17.5% below the Steel median (#225 of 546)

No single metric tells the full story. See the XMAD:XUSIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Usinas Siderurgicas de Minas Gerais Business Description

Address Av. do Contorno, 6594, 11th Floor Funcionarios, Belo Horizonte, MG, BRA, 30110-044
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company engaged in producing and distributing flat steel products. The company's product portfolio comprises ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the export destination markets for the company.
48GF Score

Get the complete analysis for XMAD:XUSIO

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.28
Price
€0.98
GF Value