Metalurgica Gerdau S.A. (BVMF: GOAU4)

Metalurgica Gerdau Balance Sheet

Financials in millions BRL. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	8,287	3,006	2,476	4,163	4,617	2,642
Trading Asset Securities	-	2,635	3,870	3,392	4,496	3,656
Cash & Short-Term Investments	9,045	5,641	6,346	7,555	9,113	6,298
Cash Growth	29.58%	-11.11%	-16.00%	-17.09%	44.71%	87.95%
Accounts Receivable	5,674	4,875	4,999	5,414	3,737	2,672
Other Receivables	1,664	2,030	2,255	2,911	2,333	1,030
Receivables	7,338	6,906	7,254	8,325	6,070	3,702
Inventory	15,914	15,228	17,818	16,861	9,169	7,660
Other Current Assets	772.76	1,766	802.62	686.77	686.46	618.77
Total Current Assets	33,070	29,540	32,220	33,428	25,039	18,278
Property, Plant & Equipment	27,423	24,063	21,384	19,604	18,068	16,679
Long-Term Investments	4,197	3,858	3,897	3,341	2,272	1,812
Goodwill	12,132	10,825	11,634	12,428	12,104	9,469
Other Intangible Assets	389.77	373.71	415.16	509.76	622.58	673.26
Long-Term Deferred Tax Assets	2,253	2,219	2,164	2,929	3,393	4,071
Other Long-Term Assets	2,639	4,352	3,055	2,373	3,149	2,970
Total Assets	82,104	75,232	74,770	74,613	64,764	54,049
Accounts Payable	5,656	5,901	6,619	8,017	5,438	3,763
Accrued Expenses	1,637	1,500	1,716	1,982	1,328	974.84
Current Portion of Long-Term Debt	1,813	1,798	3,121	1,766	1,432	1,562
Current Portion of Leases	422.02	373.15	275.93	275.09	231.7	202.54
Current Income Taxes Payable	209.78	507.72	523.91	863.14	877.8	205.1
Other Current Liabilities	1,293	1,225	1,238	1,138	2,283	720.85
Total Current Liabilities	11,032	11,304	13,494	14,041	11,590	7,428
Long-Term Debt	10,719	9,121	9,511	12,298	16,107	14,488
Long-Term Leases	873.34	904.45	754.71	643.28	624.77	601.73
Long-Term Deferred Tax Liabilities	30.45	204.15	96.34	98.98	61.56	517.41
Other Long-Term Liabilities	3,156	3,419	2,731	2,493	1,896	2,316
Total Liabilities	26,328	25,659	27,480	30,990	32,140	26,821
Common Stock	8,209	8,209	8,209	8,209	8,209	8,209
Retained Earnings	8,157	7,052	6,149	4,283	1,641	1,028
Treasury Stock	-94.31	-	-15.09	-69.86	-69.86	-69.86
Comprehensive Income & Other	2,631	1,500	2,114	2,320	1,918	847.29
Total Common Equity	18,902	16,761	16,457	14,742	11,699	10,014
Minority Interest	36,874	32,812	30,832	28,881	20,926	17,213
Shareholders' Equity	55,776	49,573	47,289	43,623	32,624	27,227
Total Liabilities & Equity	82,104	75,232	74,770	74,613	64,764	54,049
Total Debt	13,828	12,196	13,663	14,983	18,395	16,854
Net Cash (Debt)	-4,783	-6,555	-7,317	-7,428	-9,282	-10,557
Net Cash Per Share	-4.56	-6.35	-6.88	-6.87	-8.59	-10.30
Filing Date Shares Outstanding	1,033	1,033	1,033	1,081	1,081	1,081
Total Common Shares Outstanding	1,033	1,033	1,033	1,081	1,081	1,081
Working Capital	22,038	18,236	18,726	19,387	13,449	10,850
Book Value Per Share	18.30	16.23	15.94	13.64	10.82	9.26
Tangible Book Value	6,380	5,562	4,407	1,805	-1,027	-128.44
Tangible Book Value Per Share	6.18	5.39	4.27	1.67	-0.95	-0.12
Land	-	10,874	10,430	10,221	9,940	8,918
Machinery	-	40,167	39,661	37,883	35,823	31,834
Construction In Progress	-	5,517	3,715	3,621	2,254	1,516

Source: S&P Capital IQ. Standard template. Financial Sources.