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SID · NYSE · United States · Steel Works, Blast Furnaces & Rolling & Finishing Mills
In shortNATIONAL STEEL CO is loss-making, generates cash and carries heavy debt, with revenue shrinking (−3.9% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 9.8% | 49/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -5.9% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -17.4% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 4.9% | 33/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | – | n/a |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 4.64× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 4.06× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 0.59× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 7.2% | 49/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 27.3% | 10/100 |
| Operating margin volatility | 13.3% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -3.0% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
BRL millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 30,064 | 47,912 | 44,362 | 45,438 | 43,687 |
| Cost of revenue | 19,125 | 25,837 | 31,054 | 33,475 | 31,991 |
| Gross profit | 10,939 | 22,075 | 13,308 | 11,963 | 11,697 |
| Operating income | 5,714 | 20,540 | 7,641 | 5,187 | 4,270 |
| Interest expense | 2,599 | 3,111 | 3,437 | 5,807 | 7,211 |
| Pre-tax income | 4,918 | 18,596 | 4,126 | 1,035 | (1,543) |
| Income tax | 626 | 5,000 | 1,959 | – | – |
| Net income | 3,794 | 12,259 | 1,554 | (318) | (2,592) |
| Diluted EPS | BRL2.75 | BRL8.91 | BRL1.17 | −BRL0.24 | −BRL1.95 |
| Diluted shares (millions) | 1,380,115 | 1,376,362 | 105 | 105 | 53 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Apr 30, 2025