National Steel (SID) Gains from Investment Securities (2022 - 2024)
National Steel (SID) posted Gains from Investment Securities of $8.1 million for Q3 2024, down 5.68% sequentially from $8.6 million in Q2 2024, and down 22.52% YoY from $10.5 million in Q4 2023.
National Steel (SID) Gains from Investment Securities (2022 - 2024) Analysis & Trends
National Steel has reported Gains from Investment Securities for 3 years, with the latest figure at $8.1 million in Q3 2024.
- Quarterly Gains from Investment Securities fell 22.52% year-over-year to $8.1 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $37.6 million (changed N/A YoY) and the FY2016 annual result came in at -$72.7 million, changed N/A from the prior year.
- Gains from Investment Securities retreated to $8.1 million in Q3 2024 per SID's latest filing, from $8.6 million in the prior quarter.
- Over five years, Gains from Investment Securities peaked at $21.2 million in Q2 2022 and troughed at $8.1 million in Q3 2024.
- A 3-year average of $11.7 million and a median of $10.3 million in 2023 frame the typical range for Gains from Investment Securities.
- The sharpest annual moves came in 2023 and 2024: Gains from Investment Securities plunged 51.2% in 2023, then decreased 16.57% in 2024.
- Over 3 years, Gains from Investment Securities stood at $21.2 million in 2022, then sank by 50.43% to $10.5 million in 2023, then fell by 22.52% to $8.1 million in 2024.
- According to Business Quant data, Gains from Investment Securities over the past three periods registered $8.1 million, $8.6 million, and $10.5 million for Q3 2024, Q2 2024, and Q3 2023 respectively.
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 | 8.13 Mn |
| Sep 30, 2024 | 8.13 Mn |
| Jun 30, 2024 | 8.62 Mn |
| Jun 30, 2024 | 8.62 Mn |
| Sep 30, 2023 | 10.49 Mn |
| Sep 30, 2023 | 10.49 Mn |
| Jun 30, 2023 | 10.33 Mn |
| Jun 30, 2023 | 10.33 Mn |
| Jun 30, 2022 | 21.16 Mn |
| Jun 30, 2022 | 21.16 Mn |