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Steel Dynamics (MEX:STLD) Debt-to-Revenue : 0.21 (As of Sep. 2024)


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What is Steel Dynamics Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Steel Dynamics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN17,367 Mil. Steel Dynamics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN55,170 Mil. Steel Dynamics's annualized Revenue for the quarter that ended in Sep. 2024 was MXN341,951 Mil. Steel Dynamics's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.21.


Steel Dynamics Debt-to-Revenue Historical Data

The historical data trend for Steel Dynamics's Debt-to-Revenue 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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Steel Dynamics Debt-to-Revenue Chart

Steel Dynamics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.32 0.17 0.14 0.16

Steel Dynamics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue 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 0.17 0.18 0.16 0.16 0.21

Competitive Comparison of Steel Dynamics's Debt-to-Revenue

For the Steel subindustry, Steel Dynamics's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Steel Dynamics's Debt-to-Revenue Distribution in the Steel Industry

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

* The bar in red indicates where Steel Dynamics's Debt-to-Revenue falls into.



Steel Dynamics Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Steel Dynamics's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7807.933 + 44320.933) / 319036.355
=0.16

Steel Dynamics's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(17367.101 + 55169.681) / 341950.808
=0.21

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Steel Dynamics Debt-to-Revenue Related Terms

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Steel Dynamics Business Description

Traded in Other Exchanges
Address
7575 West Jefferson Boulevard, Fort Wayne, IN, USA, 46804
Steel Dynamics Inc operates scrap-based steel minimills with roughly 16 million tons of annual steel production capacity. The company's segment includes steel operations, metals recycling operations, steel fabrication operations, Aluminum Operations Segment, and others. It generates maximum revenue from the steel operations segment.