National Steel (SID) Asset Writedowns and Impairment (2009 - 2026)
National Steel (SID) posted Asset Writedowns and Impairment of -$30.8 million for Q1 2026, up 67.37% sequentially from -$94.5 million in Q4 2025, and down 3968.42% YoY from $796970.8 in Q1 2025.
National Steel (SID) Asset Writedowns and Impairment (2009 - 2026) Analysis & Trends
National Steel has reported Asset Writedowns and Impairment for 9 years, with the latest figure at -$30.8 million in Q1 2026.
- Quarterly Asset Writedowns and Impairment fell 3968.42% year-over-year to -$30.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$146.6 million (down 132.23% YoY) and the FY2025 annual result came in at -$94.5 million, down 115.53% from the prior year.
- Asset Writedowns and Impairment rose to -$30.8 million in Q1 2026 per SID's latest filing, from -$94.5 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $3.6 million in Q3 2023 and troughed at -$94.5 million in Q4 2025.
- A 4-year average of -$27.6 million and a median of -$16.5 million in 2024 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2025 and 2026: Asset Writedowns and Impairment soared 108.28% in 2025, then slumped 3968.42% in 2026.
- Over 4 years, Asset Writedowns and Impairment stood at -$89.9 million in 2023, then jumped by 51.27% to -$43.8 million in 2024, then plunged by 115.53% to -$94.5 million in 2025, then soared by 67.37% to -$30.8 million in 2026.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$30.8 million, -$94.5 million, and -$22.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn |
| 10 | National Steel | 51.95 Mn | -2.81 Bn | 479.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -30.83 Mn |
| Mar 31, 2026 | -30.83 Mn |
| Dec 31, 2025 | -94.47 Mn |
| Dec 31, 2025 | -94.47 Mn |
| Sep 30, 2025 | -22.12 Mn |
| Sep 30, 2025 | -22.12 Mn |
| Mar 31, 2025 | 796,970.79 |
| Mar 31, 2025 | 796,970.79 |
| Dec 31, 2024 | -43.83 Mn |
| Dec 31, 2024 | -43.83 Mn |
| Sep 30, 2024 | -16.53 Mn |
| Sep 30, 2024 | -16.53 Mn |
| Jun 30, 2024 | -3.58 Mn |
| Jun 30, 2024 | -3.58 Mn |
| Mar 31, 2024 | -9.62 Mn |
| Mar 31, 2024 | -9.62 Mn |
| Dec 31, 2023 | -89.95 Mn |
| Dec 31, 2023 | -89.95 Mn |
| Sep 30, 2023 | 3.62 Mn |
| Sep 30, 2023 | 3.62 Mn |