ST

Steel Dynamics IncNASDAQ STLD Stock Report

Last reporting period 30 Jun, 2024

Updated 19 Sep, 2024

Last price

Market cap $B

17.763

Large

Exchange

XNAS - Nasdaq

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Steel Financial Leverage

1.666

Last period Financial Leverage ,USD

-14%

Financial Leverage has decreased in 5 years


What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage of Steel ?

Steel`s Financial Leverage for the last twelve months ended 2024-06-30 is 1.666

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