National Steel (SID) Current Leases (2019 - 2024)
National Steel (SID) posted Current Leases of $7.2 million for Q3 2024, up 563.6% sequentially from $1.1 million in Q2 2024.
National Steel (SID) Current Leases (2019 - 2024) Analysis & Trends
National Steel has reported Current Leases for 6 years, with the latest figure at $7.2 million in Q3 2024.
- Quarterly Current Leases changed N/A year-over-year to $7.2 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $7.2 million (changed N/A YoY) and the FY2024 annual result came in at $1.1 million, changed N/A from the prior year.
- Current Leases climbed to $7.2 million in Q3 2024 per SID's latest filing, from $1.1 million in the prior quarter.
- Over five years, Current Leases peaked at $105.5 million in Q1 2020 and troughed at $1.1 million in Q2 2024.
- A 5-year average of $12.5 million and a median of $2.7 million in 2021 frame the typical range for Current Leases.
- The sharpest annual moves came in 2020 and 2021: Current Leases gained 11.56% in 2020, then plunged 76.05% in 2021.
- Over 5 years, Current Leases stood at $12.0 million in 2020, then slumped by 76.05% to $2.9 million in 2021, then dropped by 24.22% to $2.2 million in 2022, then tumbled by 43.61% to $1.2 million in 2023, then soared by 490.27% to $7.2 million in 2024.
- According to Business Quant data, Current Leases over the past three periods registered $7.2 million, $1.1 million, and $1.2 million for Q3 2024, Q2 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 109.15 Bn | 99.25 Bn | 941.02 Mn | - |
| 2 | Nucor | 56.08 Bn | 53.39 Bn | 2.03 Bn | - |
| 3 | ArcelorMittal | 55.59 Bn | 50.74 Bn | - | - |
| 4 | Steel Dynamics | 32.92 Bn | 32.34 Bn | 958.97 Mn | - |
| 5 | Reliance | 19.71 Bn | 19.47 Bn | 1.30 Bn | 67.30 Mn |
| 6 | Cleveland-Cliffs | 6.63 Bn | 6.56 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.47 Bn | 4.33 Bn | 558.98 Mn | - |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.85 Bn | 1.04 Bn | - |
| 10 | National Steel | 51.00 Mn | -2.81 Bn | 479.33 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 7.23 Mn |
| Jun 30, 2024 | 1.09 Mn |
| Dec 31, 2023 | 1.23 Mn |
| Jun 30, 2023 | 2.22 Mn |
| Mar 31, 2023 | 2.61 Mn |
| Dec 31, 2022 | 2.17 Mn |
| Sep 30, 2022 | 2.53 Mn |
| Dec 31, 2021 | 2.87 Mn |
| Jun 30, 2021 | 3.43 Mn |
| Dec 31, 2020 | 11.98 Mn |
| Sep 30, 2020 | 6.61 Mn |
| Mar 31, 2020 | 105.50 Mn |
| Dec 31, 2019 | 10.74 Mn |