National Steel (SID) Non Operating Interest Expenses (2009 - 2020)
National Steel (SID) posted Non Operating Interest Expenses of -$2.1 million for Q1 2020, up 44.28% sequentially from -$3.7 million in Q4 2019, and up 72.97% YoY from -$1.2 million in Q2 2019.
National Steel (SID) Non Operating Interest Expenses (2009 - 2020) Analysis & Trends
National Steel has reported Non Operating Interest Expenses for 10 years, with the latest figure at -$2.1 million in Q1 2020.
- Quarterly Non Operating Interest Expenses rose 72.97% year-over-year to -$2.1 million in Q1 2020, while the trailing twelve-month figure through Mar 2020 was -$15.2 million (down 104.98% YoY) and the FY2020 annual result came in at $353.7 million, down 22.55% from the prior year.
- Non Operating Interest Expenses improved to -$2.1 million in Q1 2020 per SID's latest filing, from -$3.7 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $224.8 million in Q3 2016 and troughed at -$8.7 million in Q3 2018.
- A 5-year average of $109.2 million and a median of $157.1 million in 2017 frame the typical range for Non Operating Interest Expenses.
- The sharpest annual moves came in 2016 and 2019: Non Operating Interest Expenses soared 126.3% in 2016, then sank 114.08% in 2019.
- Over 5 years, Non Operating Interest Expenses stood at $211.9 million in 2016, then slumped by 35.47% to $136.7 million in 2017, then plunged by 101.27% to -$1.7 million in 2018, then tumbled by 114.08% to -$3.7 million in 2019, then surged by 44.28% to -$2.1 million in 2020.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered -$2.1 million, -$3.7 million, and -$7.7 million for Q1 2020, Q4 2019, and Q1 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | -50.43 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 36.00 Mn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 39.12 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 18.20 Mn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -89.44 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | -1.09 Bn |
| 10 | National Steel | 47.57 Mn | -2.81 Bn | 479.33 Mn | -293.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2020 | -2.07 Mn |
| Dec 31, 2019 | -3.72 Mn |
| Mar 31, 2019 | -7.66 Mn |
| Dec 31, 2018 | -1.74 Mn |
| Sep 30, 2018 | -8.65 Mn |
| Jun 30, 2018 | -125,502.55 |
| Dec 31, 2017 | 136.74 Mn |
| Sep 30, 2017 | 177.50 Mn |
| Jun 30, 2017 | 192.25 Mn |
| Mar 31, 2017 | 213.53 Mn |
| Dec 31, 2016 | 211.89 Mn |
| Sep 30, 2016 | 224.83 Mn |
| Jun 30, 2016 | 206.63 Mn |
| Mar 31, 2016 | 188.80 Mn |
| Dec 31, 2015 | 93.64 Mn |
| Sep 30, 2015 | 254.34 Mn |
| Jun 30, 2012 | 602.18 Mn |
| Dec 31, 2011 | 1.48 Bn |
| Jun 30, 2011 | 705.84 Mn |
| Dec 31, 2010 | 881.50 Mn |