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Steel Dynamics Inc   (STLD)
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    Sector  Basic Materials    Industry Iron & Steel
   Industry Iron & Steel
   Sector  Basic Materials

Steel Dynamics Inc 's Total Debt to Equity

STLD's quarterly Total Debt to Equity and Total Debt, Equity growth


Despite a net increase in borrowings by 0.89%, Steel Dynamics Inc managed to enhance Total Debt to Equity in the third quarter 2023 to 0.36, reaching a new company low.

Within Iron & Steel industry in the third quarter 2023, 6 other companies have achieved lower Total Debt to Equity than Steel Dynamics Inc in the III Quarter 2023. While Total Debt to Equity total ranking has improved so far in the third quarter 2023 to 727, from total ranking in the second quarter 2023 at 766 .

Explain Debt to Equity Ratio?
What is the structure of STLDīs Total Debt?
How valuable is the STLDīs Equity?


STLD Total Debt to Equity (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity Change 11.91 % 15.08 % 20.29 % 29.56 % 42.8 %
Y / Y Total Debt Change 1.98 % 0.64 % -0.57 % -1.14 % -1.27 %
Total Debt to Equity MRQ 0.36 0.36 0.38 0.39 0.39
STLD's Total Ranking # 727 # 766 # 1108 # 658 # 1235
Seq. Equity Change 2.28 % 4.6 % 2.6 % 1.95 % 5.18 %
Seq. Total Debt Change 0.89 % 0.23 % -0.32 % 1.17 % -0.43 %



Total Debt to Equity third quarter 2023 Company Ranking
Within: No.
Iron & Steel Industry # 7
Basic Materials Sector # 56
Overall Market # 727


Total Debt to Equity Statistics
High Average Low
1.18 0.8 0.36
(March 31, 2010)   (Sep 30 2023)




Financial Statements
Steel Dynamics Inc 's Equity $ 8,687 Millions Visit STLD's Balance sheet
Steel Dynamics Inc 's Total Debt $ 3,095 Millions Visit STLD's Balance sheet
Source of STLD's Sales Visit STLD's Sales by Geography


Cumulative Steel Dynamics Inc 's Total Debt to Equity

STLD's Total Debt to Equity for the trailling 12 Months

STLD Total Debt to Equity

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity TTM Growth 11.91 % 15.08 % 20.29 % 29.56 % 42.8 %
Y / Y Total Debt TTM Growth 1.98 % 0.64 % -0.57 % -1.14 % -1.27 %
Total Debt to Equity TTM 0.37 0.38 0.39 0.41 0.44
Total Ranking TTM # 41 # 88 # 439 # 227 # 67
Seq. Equity TTM Growth 2.28 % 4.6 % 2.6 % 1.95 % 5.18 %
Seq. Total Debt TTM Growth 0.89 % 0.23 % -0.32 % 1.17 % -0.43 %


On the trailing twelve months basis Despite of the net new borrowings of 0.89% during the twelve months period ending in III Quarter 2023 Steel Dynamics Inc has managed to decrease Total Debt to Equity in the III Quarter 2023 to 0.37, below Steel Dynamics Inc 's average Total Debt to Equity.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Iron & Steel industry STLD recorded the lowest Total Debt to Equity. While Total Debt to Equity total ranking has improved so far to 41, from total ranking in previous 12 month period at 88.

Explain Debt to Equity Ratio?
What is the structure of STLDīs Total Debt?
How valuable is the STLDīs Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Iron & Steel Industry # 0
Basic Materials Sector # 6
Within the Market # 41


trailing twelve months Total Debt to Equity Statistics
High Average Low
1.16 0.65 0
(Dec. 31, 2010)   (Mar 31 2017)




Companies with similar Total Debt to Equity in the quarter ending Sep 30 2023, within Iron & Steel Industry Total Debt to EquitySep 30 2023 MRQ Total DebtSep 30 2023 MRQ Equity
Suncoke Energy Inc   0.77 $ 496.100  Millions$ 641.800  Millions
Ascent Industries Co   0.56 $ 53.637  Millions$ 96.302  Millions
L b Foster Company  0.50 $ 71.689  Millions$ 142.128  Millions
Carpenter Technology Corporation  0.49 $ 693.300  Millions$ 1,429.300  Millions
Friedman Industries Inc  0.43 $ 54.361  Millions$ 126.809  Millions
Universal Stainless and Alloy Products Inc  0.40 $ 89.529  Millions$ 222.995  Millions
United States Steel Corp  0.38 $ 4,227.000  Millions$ 11,004.000  Millions
Olympic Steel Inc  0.36 $ 196.527  Millions$ 549.321  Millions
Steel Dynamics Inc   0.36 $ 3,095.071  Millions$ 8,687.079  Millions
Nucor Corporation  0.31 $ 6,681.458  Millions$ 21,509.082  Millions
Commercial Metals Company  0.28 $ 1,154.797  Millions$ 4,121.114  Millions
Haynes International inc   0.26 $ 114.843  Millions$ 434.324  Millions
Worthington Industries Inc  0.24 $ 448.351  Millions$ 1,901.916  Millions
Northwest Pipe Co   0.21 $ 68.832  Millions$ 335.138  Millions
Arcelormittal  0.17 $ 9,430.000  Millions$ 56,068.000  Millions
Reliance Inc   0.15 $ 1,141.600  Millions$ 7,735.200  Millions
Mag Mile Capital Inc   0.14 $ 0.126  Millions$ 0.873  Millions

Date modified: 2023-11-12T06:25:32+00:00



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