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Companhia Siderurgica Nacional (BSP:CSNA3) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Companhia Siderurgica Nacional Equity-to-Asset Related Terms
Companhia Siderurgica Nacional Equity-to-Asset Historical Data
* 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.
Companhia Siderurgica Nacional Equity-to-Asset Chart
BSP:CSNA3 vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Companhia Siderurgica Nacional's Equity-to-Asset, along with its competitors' market caps and Equity-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.
Companhia Siderurgica Nacional Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Companhia Siderurgica Nacional's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Companhia Siderurgica Nacional's Equity-to-Asset falls into.
Companhia Siderurgica Nacional Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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.
Companhia Siderurgica Nacional (BSP:CSNA3) has a Equity-to-Asset of 0.14 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Companhia Siderurgica Nacional and its competitors. This is 13% below median its historical median of 0.16. Over the past decade, Companhia Siderurgica Nacional's Equity-to-Asset has ranged from 0.08 to 0.29. According to the industry distribution chart, Companhia Siderurgica Nacional ranks #594 out of 635 companies in the Steel industry, placing it in the top 93.5%.
Is Companhia Siderurgica Nacional's Equity-to-Asset too high?
Companhia Siderurgica Nacional's current Equity-to-Asset of 0.14 is 13% below median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.29. The Steel industry median Equity-to-Asset is 0.54. Companhia Siderurgica Nacional's value of 0.14 is 74.1% below this industry median. Based on the distribution chart, Companhia Siderurgica Nacional ranks #594 out of 635 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Companhia Siderurgica Nacional has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Companhia Siderurgica Nacional's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Companhia Siderurgica Nacional ranks #594 out of 635 companies for Equity-to-Asset. This places Companhia Siderurgica Nacional in the lower half of its industry. The industry median Equity-to-Asset is 0.54. Companhia Siderurgica Nacional's value of 0.14 is 74.1% below this benchmark. Historically, Companhia Siderurgica Nacional's own Equity-to-Asset has ranged from 0.08 to 0.29 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.54, Companhia Siderurgica Nacional 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 Equity-to-Asset for a Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 635 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Companhia Siderurgica Nacional's current Equity-to-Asset of 0.14 is 74.1% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Companhia Siderurgica Nacional and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia Siderurgica Nacional's current Equity-to-Asset is 0.14, which is 13% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Siderurgica Nacional stock overvalued right now?
Based on GuruFocus' analysis, Companhia Siderurgica Nacional (BSP:CSNA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$9.63, compared to a current price of R$4.49 — trading 53.4% below its estimated fair value. The current Equity-to-Asset is 0.14, which is 13% below median its 10-year median of 0.16 and 74.1% below the Steel industry median of 0.54. Companhia Siderurgica Nacional's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Companhia Siderurgica Nacional (BSP:CSNA3), the current Equity-to-Asset is 0.14 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 Companhia Siderurgica Nacional (BSP:CSNA3) Overvalued in 2026?
Based on GuruFocus' analysis, Companhia Siderurgica Nacional stock appears to be undervalued.
The current stock price of R$4.49 is trading 53.4% below its estimated GF Value™ of R$9.63.
GuruFocus considers Companhia Siderurgica Nacional to be Possible Value Trap.
Key valuation signals for BSP:CSNA3:
Equity-to-Asset: 0.14 (13% below median its 10-year median of 0.16)
GF Value™: R$9.63 vs. price of R$4.49 (53.4% below fair value)
Industry Position: 74.1% below the Steel median (#594 of 635)
No single metric tells the full story. See the BSP:CSNA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Companhia Siderurgica Nacional is an integrated steel producer. together with its subsidiaries operates in five main business segments: Steel industry: production and marketing of flat and long steels; Mining: extraction, processing and marketing of iron ore, tin, limestone and dolomite; Cement: production and commercialization of bagged and bulk cement, in addition to aggregates, concrete, and other related products; Energy: generation and sale of energy from almost all renewable sources; and Logistics: participations port concessions and fleets of road transport vehicles. The group generates the majority of its revenue from the Steel industry segment. Geographically, it derives a majority of revenue from Asia.
54GF Score
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