National Steel (SID) Exchange Rate Effect (2009 - 2024)
National Steel's (SID) quarterly Exchange Rate Effect came in at -$19.6 million in Q3 2024, down 372.09% year-over-year from $7.2 million in Q4 2023, and down 9.49% quarter-over-quarter from -$17.9 million in Q2 2024.
Analysis
National Steel (SID) Exchange Rate Effect (2009 - 2024) Analysis & Trends
National Steel has disclosed Exchange Rate Effect across 13 years of filings, most recently posting -$19.6 million for Q3 2024.
- In Q3 2024, Exchange Rate Effect fell 372.09% year-over-year to -$19.6 million; the TTM figure through Sep 2024 stood at -$22.0 million (down 101.19% YoY), while the FY2025 annual figure was -$2.9 million, up 90.35% from the prior year.
- Exchange Rate Effect came in at -$19.6 million for Q3 2024 at National Steel, down from -$17.9 million in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $1.8 billion in Q4 2020 to a low of -$1.1 billion in Q1 2020.
- Average Exchange Rate Effect over 4 years is -$25.5 million, with a median of -$2.3 million recorded in 2020.
- The largest YoY upside for Exchange Rate Effect was 7024.18% in 2020 against a maximum downside of 108029.54% in 2020.
- Over 4 years, Exchange Rate Effect stood at $1.8 billion in 2020, then tumbled by 100.09% to -$1.7 million in 2021, then jumped by 525.22% to $7.2 million in 2023, then slumped by 372.09% to -$19.6 million in 2024.
- Per Business Quant data, the three most recent Exchange Rate Effect figures were -$19.6 million in Q3 2024, -$17.9 million in Q2 2024, and $7.2 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.09 Bn | 102.20 Bn | 941.02 Mn | -726,000.00 |
| 2 | Nucor | 57.90 Bn | 55.20 Bn | 2.03 Bn | -6.00 Mn |
| 3 | Steel Dynamics | 34.12 Bn | 33.53 Bn | 958.97 Mn | - |
| 4 | Gerdau | 10.05 Bn | 8.98 Bn | 558.98 Mn | -3.82 Mn |
| 5 | Commercial Metals | 7.41 Bn | 6.85 Bn | 455.14 Mn | -202,000.00 |
| 6 | Cleveland-Cliffs | 6.69 Bn | 6.62 Bn | 132.00 Mn | -1.00 Mn |
| 7 | Posco Holdings | 4.66 Bn | -5.01 Bn | 1.11 Bn | 104.49 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.74 Bn | -1.08 Bn | 579.08 Mn | - |
| 10 | SunCoke Energy | 862.57 Mn | 819.87 Mn | 100.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | -19.58 Mn |
| Jun 30, 2024 | -17.88 Mn |
| Sep 30, 2023 | 7.20 Mn |
| Jun 30, 2023 | 8.27 Mn |
| Dec 31, 2021 | -1.69 Mn |
| Dec 31, 2020 | 1.83 Bn |
| Sep 30, 2020 | -977.69 Mn |
| Jun 30, 2020 | -2.29 Mn |
| Mar 31, 2020 | -1.05 Bn |
| Dec 31, 2019 | 25.65 Mn |
| Mar 31, 2019 | 975,632.89 |
| Dec 31, 2018 | 2.62 Mn |
| Sep 30, 2018 | -22.34 Mn |
| Jun 30, 2018 | -152.83 Mn |
| Mar 31, 2018 | -34.83 Mn |
| Dec 31, 2017 | -69.37 Mn |
| Sep 30, 2017 | 88.54 Mn |
| Jun 30, 2017 | 35,875.54 |
| Mar 31, 2017 | 59.22 Mn |
| Dec 31, 2016 | 1.87 Mn |