Gerdau S.A. (GGB)

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	8,074	3,006	2,476	4,161	4,617	2,642
Short-Term Investments	757.58	2,338	2,959	2,626	-	-
Trading Asset Securities	-	-	-	-	3,041	3,656
Cash & Short-Term Investments	8,832	5,344	5,435	6,787	7,658	6,297
Cash Growth	47.13%	-1.68%	-19.92%	-11.38%	21.61%	86.32%
Accounts Receivable	5,674	4,875	4,999	5,414	3,737	2,672
Other Receivables	1,633	1,997	2,213	2,896	2,253	987.39
Receivables	7,307	6,872	7,212	8,310	5,990	3,660
Inventory	15,914	15,228	17,818	16,861	9,169	7,660
Other Current Assets	764.98	1,754	793.17	682.44	591.52	618.77
Total Current Assets	32,818	29,198	31,257	32,640	23,409	18,236
Property, Plant & Equipment	27,423	24,063	21,384	19,604	18,068	16,679
Long-Term Investments	4,197	3,858	3,897	3,432	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	2,638	4,347	3,047	2,269	3,120	2,967
Total Assets	81,851	74,885	73,799	73,815	63,123	54,003
Accounts Payable	5,202	5,317	5,966	7,209	4,712	3,387
Accrued Expenses	1,636	1,498	1,714	1,979	1,318	974.09
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	208.73	502.77	497.24	863.14	810.13	205.09
Other Current Liabilities	1,744	1,796	1,888	1,944	2,979	1,094
Total Current Liabilities	11,026	11,285	13,463	14,037	11,482	7,425
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	3,170	3,426	2,782	2,507	1,901	2,329
Total Liabilities	26,335	25,646	27,500	30,999	32,038	26,830
Common Stock	24,273	20,215	19,249	19,249	19,249	19,249
Retained Earnings	25,090	25,915	22,173	17,838	7,292	5,645
Treasury Stock	-438	-150.18	-180	-152.41	-229.31	-242.54
Comprehensive Income & Other	6,370	3,079	4,874	5,669	4,548	2,304
Total Common Equity	55,295	49,059	46,116	42,604	30,860	26,956
Minority Interest	220.94	179.9	182	211.37	224.94	217.43
Shareholders' Equity	55,516	49,239	46,298	42,816	31,085	27,173
Total Liabilities & Equity	81,851	74,885	73,799	73,815	63,123	54,003
Total Debt	13,828	12,196	13,663	14,983	18,395	16,854
Net Cash (Debt)	-4,997	-6,852	-8,228	-8,196	-10,736	-10,557
Net Cash Per Share	-2.37	-3.24	-3.90	-3.80	-4.98	-4.90
Filing Date Shares Outstanding	2,085	2,099	2,096	2,149	2,143	2,141
Total Common Shares Outstanding	2,085	2,099	2,096	2,149	2,143	2,141
Working Capital	21,792	17,913	17,795	18,604	11,927	10,811
Book Value Per Share	26.52	23.37	22.00	19.82	14.40	12.59
Tangible Book Value	42,773	37,860	34,067	29,667	18,134	16,813
Tangible Book Value Per Share	20.51	18.03	16.25	13.80	8.46	7.85
Land	-	10,873	10,430	10,221	9,940	8,913
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.