Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Total Tax Payable: R$200 Mil (As of Mar. 2026)

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BSP:USIM3 Usinas Siderurgicas de Minas Gerais SA BSP:USIM3
63 GF Score
Price R$7.54
GF Value R$5.95
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Usinas Siderurgicas de Minas Gerais Total Tax Payable?

Usinas Siderurgicas de Minas Gerais BSP:USIM3 +2.86% 63 Total Tax Payable is R$200 Mil as of Mar. 2026. GuruFocus rates BSP:USIM3 with a GF Score™ of 63/100 and a GF Value™ of R$5.95 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Usinas Siderurgicas de Minas Gerais's Total Tax Payable for the quarter that ended in Mar. 2026 was R$200 Mil.

Usinas Siderurgicas de Minas Gerais's quarterly Total Tax Payable declined from Sep. 2025 (R$190 Mil) to Dec. 2025 (R$169 Mil) but then increased from Dec. 2025 (R$169 Mil) to Mar. 2026 (R$200 Mil).

Usinas Siderurgicas de Minas Gerais's annual Total Tax Payable declined from Dec. 2023 (R$188 Mil) to Dec. 2024 (R$157 Mil) but then increased from Dec. 2024 (R$157 Mil) to Dec. 2025 (R$169 Mil).

Usinas Siderurgicas de Minas Gerais Total Tax Payable Related Terms

Usinas Siderurgicas de Minas Gerais Total Tax Payable Historical Data

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The historical data trend for Usinas Siderurgicas de Minas Gerais's Total Tax Payable 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 Total Tax Payable Chart

Usinas Siderurgicas de Minas Gerais Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Tax Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 781.57 191.86 188.16 156.85 168.65

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
Total Tax Payable 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 230.07 182.41 189.59 168.65 200.50
BSP:USIM3
63GF Score
Usinas Siderurgicas de Minas Gerais SA BSP:USIM3
Total Tax Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Usinas Siderurgicas de Minas Gerais Total Tax Payable Calculation

Total Tax Payable is the taxes liability owed to federal, state, and local tax authorities. It is the carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.

Frequently Asked Questions Learn more about Total Tax Payable →
What does a Total Tax Payable of R$200 Mil mean?
Usinas Siderurgicas de Minas Gerais (BSP:USIM3) has a Total Tax Payable of R$200 Mil as of Mar. 2026. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors.
Is Usinas Siderurgicas de Minas Gerais' Total Tax Payable too high?
Usinas Siderurgicas de Minas Gerais' current Total Tax Payable is R$200 Mil. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' Total Tax Payable compare to NUE and STLD?
Usinas Siderurgicas de Minas Gerais' Total Tax Payable of R$200 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Tax Payable for a Steel company?
A good Total Tax Payable depends on the Steel industry context. However, Total Tax Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Tax Payable mean?
A high Total Tax Payable can signal that a stock is expensive relative to its fundamentals. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. Usinas Siderurgicas de Minas Gerais's current Total Tax Payable is R$200 Mil. 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 (BSP:USIM3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$5.95, compared to a current price of R$7.54 — trading 26.7% above its estimated fair value. The current Total Tax Payable is R$200 Mil. Usinas Siderurgicas de Minas Gerais' overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Tax Payable calculated?
Total Tax Payable is calculated from a company's financial statements. For Usinas Siderurgicas de Minas Gerais (BSP:USIM3), the current Total Tax Payable is R$200 Mil 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 (BSP:USIM3) Overvalued in 2026?

Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais stock appears to be overvalued. The current stock price of R$7.54 is trading 26.7% above its estimated GF Value™ of R$5.95. GuruFocus considers Usinas Siderurgicas de Minas Gerais to be Modestly Overvalued.

Key valuation signals for BSP:USIM3:

  • Total Tax Payable: R$200 Mil
  • GF Value™: R$5.95 vs. price of R$7.54 (26.7% above fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the BSP:USIM3 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.
63GF Score

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Total Tax Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$7.54
Price
R$5.95
GF Value