National Steel (SID) Interest Coverage Ratio (2009 - 2026)
National Steel (SID) posted Interest Coverage Ratio of 6.17 for Q1 2026, up 3.76% sequentially from 5.95 in Q4 2025, and up 5.63% YoY from 5.85 in Q1 2025.
National Steel (SID) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
National Steel has reported Interest Coverage Ratio for 18 years, with the latest figure at 6.17 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 5.63% year-over-year to 6.17 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.42 (up 251.11% YoY) and the FY2025 annual result came in at 0.6, up 1.52% from the prior year.
- Interest Coverage Ratio grew to 6.17 in Q1 2026 per SID's latest filing, from 5.95 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 6.31 in Q1 2024 and troughed at 3.26 in Q1 2022.
- A 5-year average of 1.3 and a median of 0.14 in 2024 frame the typical range for Interest Coverage Ratio.
- The widest YoY moves for Interest Coverage Ratio: up 4116.41% in 2025, down 839.78% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 1.84 in 2022, then sank by 177.42% to 1.43 in 2023, then jumped by 205.86% to 1.51 in 2024, then surged by 293.74% to 5.95 in 2025, then increased by 3.76% to 6.17 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 6.17, 5.95, and 5.93 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | -27.14 |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 45.25 |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 17.91 |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 24.26 |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -6.97 |
| 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 | -0.13 |
| 10 | National Steel | 51.95 Mn | -2.81 Bn | 479.33 Mn | 0.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.17 |
| Dec 31, 2025 | 5.95 |
| Sep 30, 2025 | 5.93 |
| Jun 30, 2025 | -1.65 |
| Mar 31, 2025 | 5.85 |
| Dec 31, 2024 | 1.51 |
| Sep 30, 2024 | 0.14 |
| Jun 30, 2024 | 0.22 |
| Mar 31, 2024 | 6.31 |
| Dec 31, 2023 | -1.43 |
| Sep 30, 2023 | -0.06 |
| Jun 30, 2023 | -0.24 |
| Mar 31, 2023 | -0.38 |
| Dec 31, 2022 | 1.84 |
| Sep 30, 2022 | -2.11 |
| Jun 30, 2022 | -2.69 |
| Mar 31, 2022 | -3.26 |
| Dec 31, 2021 | -1.33 |
| Sep 30, 2021 | -7.01 |
| Mar 31, 2021 | -5.45 |