GGB
Price:
$3.39
Market Cap:
$40.15B
Gerdau S.A. provides steel products and services. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It offers semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; finished industrial products, including commercial rolled-steel bars, and light profiles and wires; agricultural products that include stakes and smooth wire products; and drawn products comprises barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire meshes, nails, an...[Read more]
Industry
Steel
IPO Date
1999-03-10
Stock Exchange
NYSE
Ticker
GGB
According to Gerdau S.A.’s latest financial reports and current stock price. The company's current Current Ratio is 2.98. This represents a change of 6.41% compared to the average of 2.80 of the last 4 quarters.
The mean historical Current Ratio of Gerdau S.A. over the last ten years is 2.37. The current 2.98 Current Ratio has changed 12.48% with respect to the historical average. Over the past ten years (40 quarters), GGB's Current Ratio was at its highest in in the September 2024 quarter at 2.98. The Current Ratio was at its lowest in in the March 2019 quarter at 1.89.
Average
2.37
Median
2.33
Minimum
2.04
Maximum
2.82
Discovering the peaks and valleys of Gerdau S.A. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 19.34%
Maximum Annual Current Ratio = 2.82
Minimum Annual Increase = -26.81%
Minimum Annual Current Ratio = 2.04
Year | Current Ratio | Change |
---|---|---|
2023 | 2.59 | 11.44% |
2022 | 2.32 | -0.15% |
2021 | 2.33 | 14.06% |
2020 | 2.04 | -16.99% |
2019 | 2.46 | 19.34% |
2018 | 2.06 | -11.71% |
2017 | 2.33 | 12.93% |
2016 | 2.06 | -26.81% |
2015 | 2.82 | 6.00% |
2014 | 2.66 | 5.94% |
The current Current Ratio of Gerdau S.A. (GGB) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.41
5-year avg
2.35
10-year avg
2.37
Gerdau S.A.’s Current Ratio is less than Usinas Siderúrgicas de Minas Gerais S.A. (3.72), greater than Schnitzer Steel Industries, Inc. (1.96), greater than TimkenSteel Corporation (2.64), greater than Ternium S.A. (2.92), greater than ArcelorMittal S.A. (1.46), greater than POSCO Holdings Inc. (1.95), greater than Steel Dynamics, Inc. (2.39), greater than Nucor Corporation (2.59), less than Reliance Steel & Aluminum Co. (3.31), less than Olympic Steel, Inc. (3.52), less than Universal Stainless & Alloy Products, Inc. (4.38), greater than Outokumpu Oyj (1.54),
Company | Current Ratio | Market cap |
---|---|---|
3.72 | $1.29B | |
1.96 | $906.73M | |
2.64 | $895.35M | |
2.92 | $6.56B | |
1.46 | $19.72B | |
1.95 | $15.93B | |
2.39 | $21.86B | |
2.59 | $35.67B | |
3.31 | $17.28B | |
3.52 | $472.13M | |
4.38 | $412.16M | |
1.54 | $1.52B |
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What is the Current Ratio?
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What is Gerdau S.A.'s Current Ratio?
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What is the 3-year average Current Ratio for Gerdau S.A. (GGB)?
What is the 5-year average Current Ratio for Gerdau S.A. (GGB)?
How does the current Current Ratio for Gerdau S.A. (GGB) compare to its historical average?