National Steel (SID) Change in Working Capital (2023 - 2024)
National Steel's (SID) quarterly Change in Working Capital came in at $57.6 million in Q3 2024, down 79.0% year-over-year from $274.5 million in Q4 2023, and up 117.92% quarter-over-quarter from -$321.7 million in Q2 2024.
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National Steel (SID) Change in Working Capital (2023 - 2024) Analysis & Trends
National Steel has disclosed Change in Working Capital across 2 years of filings, most recently posting $57.6 million for Q3 2024.
- In Q3 2024, Change in Working Capital fell 79.0% year-over-year to $57.6 million; the TTM figure through Sep 2024 stood at -$184.8 million (changed N/A YoY), while the FY2023 annual figure was $4.1 billion, up 6.27% from the prior year.
- Change in Working Capital came in at $57.6 million for Q3 2024 at National Steel, up from -$321.7 million in the prior quarter.
- In the past five years, Change in Working Capital ranged from a high of $274.5 million in Q3 2023 to a low of -$321.7 million in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | - |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | - |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | - |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | - |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | - |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | - |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | - |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn | - |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 57.64 Mn |
| Jun 30, 2024 | -321.72 Mn |
| Sep 30, 2023 | 274.54 Mn |
| Jun 30, 2023 | -195.27 Mn |