Gerdau (Gerdau) Debt-to-Asset

: 0.16 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

Gerdau's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $443 Mil. Gerdau's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,046 Mil. Gerdau's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $15,283 Mil. Gerdau's debt to asset for the quarter that ended in Dec. 2023 was 0.16.

Gerdau Debt-to-Asset Historical Data

The historical data trend for Gerdau's Debt-to-Asset 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.

* Premium members only.

Gerdau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.31

0.29

0.20

0.19

0.16

Gerdau Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset																0.19	0.18	0.16	0.17	0.16

Competitive Comparison

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

Gerdau Debt-to-Asset Distribution

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

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

Gerdau Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Gerdau's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(443.033	+	2046.028)	/	15283.306
	=	0.16

Gerdau's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(443.033	+	2046.028)	/	15283.306
	=	0.16

Gerdau (NYSE:GGB) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Gerdau Debt-to-Asset Related Terms

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

Gerdau (Gerdau) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Gerdau SA (NYSE:GGB) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

GGBN:Mexico XGGB:Spain GDUB:Germany GDUA:Germany GDUB:Germany GDUA:Germany GGBR4:Brazil GGBR3:Brazil GGB:Argentina

Address

Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, BRA, 05425-070

Website

https://www.gerdau.com

Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutor, mechanical construction bars, reinforced steel locks. The company's geographical segment includes Brazil Operations; North America Operations; South America Operations as well as Special Steel Operations. It derives most of the revenue from the Brazil Operations segment.