Gerdau S.A. (GGB)

Gerdau Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7,768	3,006	2,476	4,161	4,617
Short-Term Investments	509.03	2,338	2,959	2,626	-
Trading Asset Securities	-	-	-	-	3,041
Cash & Short-Term Investments	8,277	5,344	5,435	6,787	7,658
Cash Growth	54.89%	-1.68%	-19.92%	-11.38%	21.61%
Accounts Receivable	5,177	4,875	4,999	5,414	3,737
Other Receivables	2,068	1,997	2,213	2,896	2,253
Receivables	7,245	6,872	7,212	8,310	5,990
Inventory	15,505	15,228	17,818	16,861	9,169
Other Current Assets	1,643	1,754	793.17	682.44	591.52
Total Current Assets	32,669	29,198	31,257	32,640	23,409
Property, Plant & Equipment	30,760	24,063	21,384	19,604	18,068
Long-Term Investments	4,222	3,858	3,897	3,432	2,272
Goodwill	13,853	10,825	11,634	12,428	12,104
Other Intangible Assets	400.57	373.71	415.16	509.76	622.58
Long-Term Deferred Tax Assets	2,428	2,219	2,164	2,929	3,393
Other Long-Term Assets	2,481	4,347	3,047	2,269	3,120
Total Assets	86,814	74,885	73,799	73,815	63,123
Accounts Payable	5,258	5,317	5,966	7,209	4,712
Accrued Expenses	1,576	1,498	1,714	1,979	1,318
Current Portion of Long-Term Debt	735.04	1,798	3,121	1,766	1,432
Current Portion of Leases	430.73	373.15	275.93	275.09	231.7
Current Income Taxes Payable	346.21	502.77	497.24	863.14	810.13
Other Current Liabilities	2,506	1,796	1,888	1,944	2,979
Total Current Liabilities	10,851	11,285	13,463	14,037	11,482
Long-Term Debt	12,901	9,121	9,511	12,298	16,107
Long-Term Leases	849.94	904.45	754.71	643.28	624.77
Long-Term Deferred Tax Liabilities	163.14	204.15	96.34	98.98	61.56
Other Long-Term Liabilities	3,330	3,426	2,782	2,507	1,901
Total Liabilities	28,641	25,646	27,500	30,999	32,038
Common Stock	24,273	20,215	19,249	19,249	19,249
Retained Earnings	24,238	25,915	22,173	17,838	7,292
Treasury Stock	-734.28	-150.18	-180	-152.41	-229.31
Comprehensive Income & Other	10,172	3,079	4,874	5,669	4,548
Total Common Equity	57,949	49,059	46,116	42,604	30,860
Minority Interest	225.03	179.9	182	211.37	224.94
Shareholders' Equity	58,174	49,239	46,298	42,816	31,085
Total Liabilities & Equity	86,814	74,885	73,799	73,815	63,123
Total Debt	14,917	12,196	13,663	14,983	18,395
Net Cash (Debt)	-6,640	-6,852	-8,228	-8,196	-10,736
Net Cash Per Share	-3.25	-3.24	-3.90	-3.80	-4.98
Filing Date Shares Outstanding	2,041	2,099	2,096	2,149	2,143
Total Common Shares Outstanding	2,041	2,099	2,096	2,149	2,143
Working Capital	21,818	17,913	17,795	18,604	11,927
Book Value Per Share	28.39	23.37	22.00	19.82	14.40
Tangible Book Value	43,695	37,860	34,067	29,667	18,134
Tangible Book Value Per Share	21.41	18.03	16.25	13.80	8.46
Land	-	10,873	10,430	10,221	9,940
Machinery	-	40,167	39,661	37,883	35,823
Construction In Progress	-	5,517	3,715	3,621	2,254

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