National Steel (SID) Interest Coverage Ratio (2009 - 2026)
National Steel's (SID) quarterly Interest Coverage Ratio came in at 0.27 in Q2 2026, up 137.15% year-over-year from 0.11 in Q2 2025, and up 241.87% quarter-over-quarter from 0.19 in Q1 2026.
Analysis
National Steel (SID) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
National Steel has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 0.27 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 137.15% year-over-year to 0.27; the TTM figure through Jun 2026 stood at 0.44 (up 97.52% YoY), while the FY2025 annual figure was 2.02, up 13.67% from the prior year.
- Interest Coverage Ratio came in at 0.27 for Q2 2026 at National Steel, up from 0.19 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 3197.15 in Q3 2022 to a low of 3.26 in Q1 2022.
- Average Interest Coverage Ratio over 5 years is 177.07, with a median of 0.47 recorded in 2024.
- The largest YoY upside for Interest Coverage Ratio was 545.22% in 2024 against a maximum downside of 146.22% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 1.75 in 2022, then jumped by 80.57% to 0.34 in 2023, then surged by 545.22% to 1.51 in 2024, then decreased by 0.17% to 1.51 in 2025, then tumbled by 82.07% to 0.27 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 0.27 in Q2 2026, 0.19 in Q1 2026, and 1.51 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | 10.48 |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 45.25 |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 17.91 |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | 6.97 |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | -45.75 |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | - |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | 0.79 |
| 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 | 0.27 |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.27 |
| Mar 31, 2026 | -0.19 |
| Dec 31, 2025 | 1.51 |
| Sep 30, 2025 | -0.86 |
| Jun 30, 2025 | -0.73 |
| Mar 31, 2025 | -0.52 |
| Dec 31, 2024 | 1.51 |
| Sep 30, 2024 | -0.60 |
| Jun 30, 2024 | -0.69 |
| Mar 31, 2024 | -0.41 |
| Dec 31, 2023 | -0.34 |
| Sep 30, 2023 | -0.24 |
| Jun 30, 2023 | -0.58 |
| Mar 31, 2023 | -0.38 |
| Dec 31, 2022 | -1.75 |
| Sep 30, 2022 | 3,197.15 |
| Jun 30, 2022 | -2.69 |
| Mar 31, 2022 | -3.26 |
| Dec 31, 2021 | 5.98 |
| Sep 30, 2021 | -25,218.11 |