Gerdau (GGB) Change in Intangibles (2009 - 2021)
Gerdau (GGB) reported Change in Intangibles of -$10.4 million for Q4 2021, up 20.74% on a YoY basis from -$8.7 million in Q4 2020, and down 113.55% quarter-over-quarter from -$4.9 million in Q3 2021.
Gerdau (GGB) Change in Intangibles (2009 - 2021) Analysis & Trends
Gerdau has reported Change in Intangibles for 7 years, with the latest figure at -$10.4 million in Q4 2021.
- For the quarter ending Q4 2021, Change in Intangibles rose 20.74% year-over-year to -$10.4 million; the trailing twelve-month figure through Dec 2021 stood at -$37.1 million (down 22.8% YoY), and the FY2021 full-year result was -$29.8 million, up 1.53% from the prior year.
- Change in Intangibles for Q4 2021 stood at -$10.4 million, down from -$4.9 million in the prior quarter.
- The five-year high for Change in Intangibles was $7.2 million in Q3 2018, with the low at -$13.2 million in Q4 2020.
- Historically, Change in Intangibles has averaged -$4.4 million across 5 years, with a median of -$5.8 million in 2018.
- Annual changes were most pronounced in 2017 — Change in Intangibles soared 71.63% — and 2019, when it plunged 350.75%.
- Gerdau's Change in Intangibles stood at $3.8 million in 2017, then tumbled by 273.65% to -$6.6 million in 2018, then tumbled by 31.5% to -$8.7 million in 2019, then plunged by 51.24% to -$13.2 million in 2020, then climbed by 20.74% to -$10.4 million in 2021.
- The last three Change in Intangibles figures came in at -$10.4 million (Q4 2021), -$4.9 million (Q3 2021), and -$8.6 million (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 447.21 Bn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | - |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | - |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | - |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | - |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | - |
| 10 | Gerdau | 21.17 Mn | -1.11 Bn | 435.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | -10.45 Mn |
| Dec 31, 2021 | -10.45 Mn |
| Sep 30, 2021 | -4.89 Mn |
| Sep 30, 2021 | -4.89 Mn |
| Jun 30, 2021 | -8.55 Mn |
| Jun 30, 2021 | -8.55 Mn |
| Dec 31, 2020 | -13.19 Mn |
| Dec 31, 2020 | -13.19 Mn |
| Sep 30, 2020 | -3.91 Mn |
| Sep 30, 2020 | -3.91 Mn |
| Jun 30, 2020 | -4.57 Mn |
| Jun 30, 2020 | -4.57 Mn |
| Mar 31, 2020 | -8.53 Mn |
| Mar 31, 2020 | -8.53 Mn |
| Dec 31, 2019 | -8.72 Mn |
| Dec 31, 2019 | -8.72 Mn |
| Sep 30, 2019 | -7.41 Mn |
| Sep 30, 2019 | -7.41 Mn |
| Jun 30, 2019 | -6.64 Mn |
| Jun 30, 2019 | -6.64 Mn |