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Usinas Siderurgicas de Minas Gerais (XMAD:XUSI) Net Cash per Share : €-1.28 (As of Sep. 2024)


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What is Usinas Siderurgicas de Minas Gerais Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Usinas Siderurgicas de Minas Gerais's Net Cash per Share for the quarter that ended in Sep. 2024 was €-1.28.

The historical rank and industry rank for Usinas Siderurgicas de Minas Gerais's Net Cash per Share or its related term are showing as below:

XMAD:XUSI's Price-to-Net-Cash is not ranked *
in the Steel industry.
Industry Median: 5.91
* Ranked among companies with meaningful Price-to-Net-Cash only.

Usinas Siderurgicas de Minas Gerais Net Cash per Share Historical Data

The historical data trend for Usinas Siderurgicas de Minas Gerais's Net Cash per Share 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.

Usinas Siderurgicas de Minas Gerais Net Cash per Share Chart

Usinas Siderurgicas de Minas Gerais Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.85 -1.33 -1.36 -1.72 -1.57

Usinas Siderurgicas de Minas Gerais Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Cash per Share 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 -1.70 -1.57 -1.48 -1.44 -1.28

Competitive Comparison of Usinas Siderurgicas de Minas Gerais's Net Cash per Share

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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's Price-to-Net-Cash Distribution in the Steel Industry

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

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Price-to-Net-Cash falls into.



Usinas Siderurgicas de Minas Gerais Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Usinas Siderurgicas de Minas Gerais's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1124.743-2547.551-504.144)/1230.94
=-1.57

Usinas Siderurgicas de Minas Gerais's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(959.691-2083.982-451.516)/1231.01
=-1.28

* 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  (XMAD:XUSI) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Usinas Siderurgicas de Minas Gerais Net Cash per Share Related Terms

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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.

Usinas Siderurgicas de Minas Gerais Headlines

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