National Steel (SID) Divestments (2011 - 2024)
National Steel (SID) posted Divestments of -$3.0 million for Q3 2024, down 1111.76% sequentially from $298680.9 in Q2 2024, and down 192.64% YoY from $3.3 million in Q4 2023.
National Steel (SID) Divestments (2011 - 2024) Analysis & Trends
National Steel has reported Divestments for 7 years, with the latest figure at -$3.0 million in Q3 2024.
- Quarterly Divestments fell 192.64% year-over-year to -$3.0 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $3.6 million (up 101.18% YoY) and the FY2019 annual result came in at -$223.6 million, down 29.99% from the prior year.
- Divestments declined to -$3.0 million in Q3 2024 per SID's latest filing, from $298680.9 in the prior quarter.
- Over five years, Divestments peaked at $3.3 million in Q3 2023 and troughed at -$91.8 million in Q1 2020.
- A 3-year average of -$17.6 million and a median of $298680.9 in 2024 frame the typical range for Divestments.
- The sharpest annual moves came in 2020 and 2024: Divestments tumbled 56.44% in 2020, then plunged 192.64% in 2024.
- Over 3 years, Divestments stood at -$91.8 million in 2020, then surged by 103.55% to $3.3 million in 2023, then tumbled by 192.64% to -$3.0 million in 2024.
- According to Business Quant data, Divestments over the past three periods registered -$3.0 million, $298680.9, and $3.3 million for Q3 2024, Q2 2024, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | 288.00 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | - |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | - |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | - |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | - |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | - |
| 10 | National Steel | 47.57 Mn | -2.81 Bn | 479.33 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -3.02 Mn |
| Jun 30, 2024 | 298,680.86 |
| Sep 30, 2023 | 3.26 Mn |
| Jun 30, 2023 | 3.10 Mn |
| Mar 31, 2020 | -91.80 Mn |
| Dec 31, 2019 | -223.56 Mn |
| Mar 31, 2019 | -58.68 Mn |
| Dec 31, 2018 | -163.80 Mn |
| Sep 30, 2018 | -117.45 Mn |
| Jun 30, 2012 | 8.05 Mn |
| Jun 30, 2011 | 3.41 Mn |