National Steel (SID) Interest Coverage Ratio (2009 - 2026)
National Steel's (SID) Interest Coverage Ratio was 1.80 for Q2 2026, down 41.4% from the prior quarter.
National Steel (SID) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, National Steel's Interest Coverage Ratio came in at 1.37; for FY2025, it was 0.59, down 13.4% from FY2024.
- Interest Coverage Ratio has declined for four consecutive years.
- By year, Interest Coverage Ratio came in at 0.68 in FY2024 (-23.5%), 0.89 in FY2023 (-59.8%), 2.22 in FY2022 (-66.4%) and 6.60 in FY2021 (+200.1%).
- Five-year quarterly Interest Coverage Ratio spans a low of -1.51 in Q4 2024 and a high of 18.23 in Q3 2021.
- The high point for year-over-year Interest Coverage Ratio in five years was Q1 2023 (growth of 91.4%); the low point was Q3 2023 (a decline of 95.6%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | - |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 143.79 |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 105.08 |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | 45.25 |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | - |
| 10 | National Steel | 1.53 Bn | -6.58 Bn | 579.08 Mn | 0.27 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.27 |
| Mar 31, 2026 | 0.19 |
| Sep 30, 2025 | 0.37 |
| Jun 30, 2025 | 0.64 |
| Mar 31, 2025 | 0.52 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.89 |
| Mar 31, 2024 | 0.41 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.58 |
| Mar 31, 2023 | 0.38 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 8.50 |
| Jun 30, 2022 | 2.69 |
| Mar 31, 2022 | 3.26 |
| Dec 31, 2021 | -2.89 |
| Sep 30, 2021 | 25.22 |
| Jun 30, 2021 | 7.45 |
| Mar 31, 2021 | 9.12 |
National Steel Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=SID&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "SID", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=SID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();