National Steel (SID) Beginning Cash Balance (2023 - 2024)
National Steel (SID) posted Beginning Cash Balance of $2.9 billion for Q3 2024, down 6.23% sequentially from $3.1 billion in Q2 2024, and up 17.76% YoY from $2.5 billion in Q4 2023.
National Steel (SID) Beginning Cash Balance (2023 - 2024) Analysis & Trends
National Steel has reported Beginning Cash Balance for 2 years, with the latest figure at $2.9 billion in Q3 2024.
- Quarterly Beginning Cash Balance rose 17.76% year-over-year to $2.9 billion in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $10.9 billion (changed N/A YoY) and the FY2017 annual result came in at $1.5 billion, down 32.64% from the prior year.
- Beginning Cash Balance eased to $2.9 billion in Q3 2024 per SID's latest filing, from $3.1 billion in the prior quarter.
- Over five years, Beginning Cash Balance peaked at $3.1 billion in Q2 2024 and troughed at $2.4 billion in Q2 2023.
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 |
|---|---|
| Sep 30, 2024 | 2.89 Bn |
| Sep 30, 2024 | 2.89 Bn |
| Jun 30, 2024 | 3.09 Bn |
| Jun 30, 2024 | 3.09 Bn |
| Sep 30, 2023 | 2.46 Bn |
| Sep 30, 2023 | 2.46 Bn |
| Jun 30, 2023 | 2.42 Bn |
| Jun 30, 2023 | 2.42 Bn |