Gerdau SA (GGB)
3.39
-0.08
(-2.31%)
USD |
NYSE |
Nov 21, 16:00
3.37
-0.02
(-0.59%)
Pre-Market: 08:10
Gerdau Debt to Equity Ratio: 0.2267 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.2267 |
| June 30, 2024 | 0.2287 |
| March 31, 2024 | 0.2131 |
| December 31, 2023 | 0.2226 |
| September 30, 2023 | 0.2273 |
| June 30, 2023 | 0.2189 |
| March 31, 2023 | 0.2527 |
| December 31, 2022 | 0.2739 |
| September 30, 2022 | 0.262 |
| June 30, 2022 | 0.2635 |
| March 31, 2022 | 0.3021 |
| December 31, 2021 | 0.3301 |
| September 30, 2021 | 0.418 |
| June 30, 2021 | 0.441 |
| March 31, 2021 | 0.5158 |
| December 31, 2020 | 0.5683 |
| September 30, 2020 | 0.6249 |
| June 30, 2020 | 0.698 |
| March 31, 2020 | 0.6878 |
| December 31, 2019 | 0.5954 |
| September 30, 2019 | 0.568 |
| June 30, 2019 | 0.5568 |
| March 31, 2019 | 0.5717 |
| December 31, 2018 | 0.5794 |
| September 30, 2018 | 0.6853 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.7136 |
| March 31, 2018 | 0.7002 |
| December 31, 2017 | 0.6982 |
| September 30, 2017 | 0.7579 |
| June 30, 2017 | 0.7959 |
| March 31, 2017 | 0.7988 |
| December 31, 2016 | 0.8566 |
| September 30, 2016 | 0.7649 |
| June 30, 2016 | 0.7517 |
| March 31, 2016 | 0.7891 |
| December 31, 2015 | 0.8351 |
| September 30, 2015 | 0.7725 |
| June 30, 2015 | 0.6569 |
| March 31, 2015 | 0.6593 |
| December 31, 2014 | 0.6062 |
| September 30, 2014 | 0.5873 |
| June 30, 2014 | 0.5572 |
| March 31, 2014 | 0.5594 |
| December 31, 2013 | 0.5507 |
| September 30, 2013 | 0.5407 |
| June 30, 2013 | 0.5485 |
| March 31, 2013 | 0.5531 |
| December 31, 2012 | 0.5384 |
| September 30, 2012 | 0.5478 |
| June 30, 2012 | 0.5534 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2131
Minimum
Mar 2024
0.698
Maximum
Jun 2020
0.3785
Average
0.288
Median
Debt to Equity Ratio Benchmarks
| Braskem SA | -2435.80 |
| Vale SA | 0.4133 |
| Atlas Lithium Corp | 0.4307 |
| Suzano SA | 2.116 |
| Lavoro Ltd | 1.453 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 15.06B |
| Total Liabilities (Quarterly) | 4.844B |
| Shareholders Equity (Quarterly) | 10.17B |
| Current Ratio | 2.976 |
| Net Debt Paydown Yield | -0.27% |