Gerdau S.A. (GGB)

Gerdau Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3,006	3,006	2,476	4,161	4,617	2,642
Short-Term Investments	2,338	2,338	2,959	2,626	3,041	3,653
Cash & Cash Equivalents	5,344	5,344	5,435	6,787	7,658	6,295
Cash Growth	-1.68%	-1.68%	-19.92%	-11.38%	21.67%	87.92%
Receivables	4,876	4,876	5,004	5,422	3,737	2,672
Inventory	15,228	15,228	17,818	16,861	9,169	7,660
Other Current Assets	3,750	3,750	3,001	3,570	2,844	1,609
Total Current Assets	29,198	29,198	31,257	32,640	23,409	18,236
Property, Plant & Equipment	24,063	24,063	21,384	19,604	18,068	16,679
Long-Term Investments	5,923	5,923	5,722	5,000	4,097	3,804
Goodwill and Intangibles	11,199	11,199	12,050	12,937	12,726	10,143
Other Long-Term Assets	4,503	4,503	3,386	3,633	4,822	5,142
Total Long-Term Assets	45,687	45,687	42,541	41,174	39,714	35,767
Total Assets	74,885	74,885	73,799	73,815	63,123	54,003
Accounts Payable	5,901	5,901	6,619	8,017	5,438	3,763
Current Debt	2,171	2,171	3,397	2,042	1,663	1,765
Other Current Liabilities	3,213	3,213	3,447	3,978	4,381	1,897
Total Current Liabilities	11,285	11,285	13,463	14,037	11,482	7,425
Long-Term Debt	10,000	10,000	10,241	12,916	16,709	15,089
Other Long-Term Liabilities	4,362	4,362	3,797	4,046	3,847	4,316
Total Long-Term Liabilities	14,362	14,362	14,038	16,962	20,556	19,405
Total Liabilities	25,646	25,646	27,500	30,999	32,038	26,830
Total Debt	12,171	12,171	13,638	14,958	18,372	16,854
Debt Growth	-10.76%	-10.76%	-8.82%	-18.58%	9.00%	13.06%
Retained Earnings	25,915	25,915	22,173	17,838	7,292	5,645
Shareholders' Equity	49,059	49,059	46,116	42,604	30,860	26,956
Net Cash / Debt	-6,827.17	-6,827.17	-8,203.04	-8,171.19	-10,713.48	-10,559.54
Working Capital	17,913	17,913	17,795	18,604	11,927	10,811
Book Value Per Share	24.43	24.43	21.28	19.66	14.24	12.44

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).