National Steel (SID) Interest Coverage Ratio (2014 - 2026)

National Steel's (SID) quarterly Interest Coverage Ratio came in at 3.08 in Q1 2026, down 489.84% year-on-year from 0.79 in Q1 2025, and down 76.68% quarter-over-quarter from 1.74 in Q4 2025.

National Steel (SID) Interest Coverage Ratio (2014 - 2026) Analysis & Trends

National Steel has disclosed Interest Coverage Ratio across 13 years of filings, most recently posting 3.08 for Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 3.08, down 489.84% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.04 (down 143.08% YoY), and the FY2025 annual result was 0.6, up 1.52% from the prior year.
  • Interest Coverage Ratio came in at 3.08 for Q1 2026 at National Steel, down from 1.74 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 0.39 in Q2 2024 to a low of 4.88 in Q2 2022.
  • The 5-year median for Interest Coverage Ratio is 0.93 (2025), against an average of 1.48.
  • Across the five-year window, Interest Coverage Ratio surged 747.81% in 2024 and plunged 1017.92% in 2025, its largest moves.
  • National Steel's Interest Coverage Ratio stood at 0.28 in 2022, then decreased by 19.28% to 0.34 in 2023, then tumbled by 373.93% to 1.61 in 2024, then retreated by 8.27% to 1.74 in 2025, then plunged by 76.68% to 3.08 in 2026.
  • The last three Interest Coverage Ratio figures came in at 3.08 (Q1 2026), 1.74 (Q4 2025), and 3.54 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -5.78
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 28.79
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 16.18
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 23.89
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -3.08
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 1.48
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 36.37

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.08
Dec 31, 2025 -1.74
Sep 30, 2025 -3.54
Jun 30, 2025 -0.93
Mar 31, 2025 -0.52
Dec 31, 2024 -1.61
Sep 30, 2024 0.39
Jun 30, 2024 0.39
Mar 31, 2024 -2.70
Dec 31, 2023 -0.34
Sep 30, 2023 -0.06
Jun 30, 2023 -0.25
Mar 31, 2023 -2.32
Dec 31, 2022 -0.28
Sep 30, 2022 -0.53
Jun 30, 2022 -4.88
Mar 31, 2022 -3.15
Dec 31, 2021 -0.23
Sep 30, 2021 -7.39
Mar 31, 2021 -9.12