Gerdau equity, debt and subsidaries

Accuracy score :
97%

Gerdau SA

Summary (from latest annual report – 2014)

  • Total equity  : 12.1 billion USD
  • Market Cap is 1.7 billion USD ( last price of the stock is 1 USD)
  • Gerdau SA is engaged in the production and commercialization of steel products in general, through its mills located in Argentina, Brazil, Canada, Chile, Colombia, Spain, the United States, Guatemala, India, Mexico, Peru, among others
  • Equity of total company increased from 11.3 billion USD in 2013 to 12.1 billion in 2014
  • Company has 1.14 billion USD in cash on account (from latest annual report  2014 year)
  • Total equity – cash on account = 12.1 billion usd – 1.14 billion usd = 10.96 billion usd
  • In 2014 company has 6.57 billion usd long-term debt, short – term debt was 760 million usd (In 2013 company had 5.58 billion usd long-term debt , short-term debt was 680 million usd)
  • Gerdau balance sheet has become stronger  in 2014 (In latest annual report - total equity increased to 12.1 billion  USD from 11.3 in 2013, total debt increased in 2014 to 7.33 billion usd)
  • Company's revenue increased in 2014 to 15.98 billion usd from 14.98 billion in 2013
  • Net income decreased in 2014 to 526 million USD from 594 million usd in 2013
  • In 2014 company paid 171 million usd dividend to its shareholders
  • Gerdau  stock currently has a dividend yield of 7.8%

 

Opinion about the company

Fundamentally it is a not bad company and in the future we can expect its growth (Total debt is very big  (7.33 billion usd), company has 1.14 billion USD in cash on account,  ROE is negative : around  -3%)

Gerdau SA subsidiaries

Gerdau SA is engaged in the production and commercialization of steel products in general, through its mills located in Argentina, Brazil, Canada, Chile, Colombia, Spain, the United States, Guatemala, India, Mexico, Peru, among others.

The Company operates in five segments: Brazil (Brazil Business Operation), which includes the steel operations in Brazil (except special steel) and the metallurgical and coking coal operation in Colombia; North America (North America Business Operation), which includes all North American operations, except Mexico and special steel; Latin America (Latin America Business Operation), which includes all Latin American operations, except the operations in Brazil and the metallurgical and coking coal operations in Colombia; Special Steel (Special Steel Business Operation), which includes the special steel operations in Brazil, Spain, the United States and India, and Iron Ore (Iron Ore Business Operation), which includes the iron ore operations in Brazil.

  • In 1995 Gerdau  completed the acquisition of MRM Steel worth 150 million usd
  • In 1997 Gerdau  completed the acquisition of equity stake in Acominas, today Gerdau Açominas worth 500 million usd
  • In 1997 was acquisition by Gerdau of Ameristeel, in 2010 Gerdau paid  1.7 billion usd  to take full ownership of  Ameristeel – today worth about 2.5 billion usd
  • In 2004 Gerdau  completed the acquisition of Diaco & Siderurgia del Pacifico for 130 million usd
  • At the end of 2005, the Gerdau Group gained a footing on European soil when it announced its acquisition of 40% of the equity of Corporación Sidenor S.A for  219.2 million usd
  • Gerdau consolidated control of Argentine steelmaker Sipar Aceros, in which it holds a 83.77% stake. Gerdaupaid 40.5 million usd to raise its share of Sipar from a previous 43.28% stake today worth about 80 million usd
  • In 2006 Gerdau  completed the acquisition of  Sheffield Steel Corporation for 187 million usd
  • In 2007 Gerdau paid 162.6 million USD in cash and debt for a 51.7% stake in Peruvian steelmaker Siderperu
  • In 2007 Gerdau  completed the acquisition of Sizuca for 92 million usd
  • In 2007 Gerdau  completed the acquisition of Quanex for 1.45 billion usd
  • In 2007 Gerdau  completed the acquisition of Chaparral Steel for 4.2 billion usd
  • In 2010 Gerdau  completed the acquisition of Tamco for 165 million usd
  • In 2013 Gerdau  completed the acquisition of Cycle Systems Inc. for an undisclosed amount

 

Total = 9.83 billion USD