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| Date | Value |
|---|---|
| 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 |