ArcelorMittal S.A. - MT

MT Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
MT	3.1	-2.2	6.1	14.2	-2.6	7.7	-17.2	51.0	-31.6	-70.5
S&P 500	-1.4	-1.9	0.8	5.8	10.5	30.2	25.2	87.9	187.3	33108.4

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	MT
name	ArcelorMittal S.A.
price	25.24
changes percentage	3.0625
change	0.75
day low	25.155
day high	25.385
year high	29.01
year low	20.52
market cap	19823193574
price avg 50	24.4002
price avg 200	24.82485
exchange	NYSE
volume	1453693
avg volume	1569851
open	25.28
previous close	24.49
eps	-1.32
pe	-19.12
earnings announcement	2025-02-06T12:00:00.000+0000
shares outstanding	785388018
timestamp	2024-11-15 17:31:35

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 44.0%

Overall Quarterly Financial Health: 44.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001243429
revenue	68275000000	79844000000	-14.49
gross profit	4737000000	12535000000	-62.21
gross profit ratio	0.07	0.16	-55.81
research and development expenses	299000000	286000000	4.55
operating expenses	2397000000	2263000000	5.92
interest income	570000000	188000000	203.19
interest expense	715000000	213000000	235.68
ebitda	3466000000	12919000000	-73.17
ebitdaratio	0.05	0.19	-73.11
operating income	2340000000	10272000000	-77.22
operating income ratio	0.03	0.13	-73.36
net income	919000000	9302000000	-90.12
net income ratio	0.01	0.12	-88.45
eps	1.09	10.21	-89.32

Overall Score of Annual Income Statement

0.38 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 68,275 million in 2023 from 79,844 million in 2022 representing a change of -14.49%. This indicates a sales shrinking, which is a negative sign for the company.

  Gross Profit: Gross Profit decreased to 4,737 million in 2023 from 12,535 million in 2022 representing a change of -62.21%. This indicates a sales profitability decline, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 2,397 million in 2023 from 2,263 million in 2022 representing a change of 5.92%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  Net Income: Net income decreased to 919 million in 2023 from 9,302 million in 2022 representing a change of -90.12%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 1.09 in 2023 from 1.09 in 2022 representing a change of -89.32%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  Research and Development (R&D) Expenses: R&D Expenses increased to 299 million in 2023 from 286 million in 2022 representing a change of 4.55%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 3,466 million in 2023 from 12,919 million in 2022 representing a change of -73.17%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 2,340 million in 2023 from 10,272 million in 2022 representing a change of -77.22%. The increase in operating income indicates better operational performance and increased profitability.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0001243429
revenue	15196000000	16249000000	-6.48
gross profit	15196000000	3374000000	350.39
gross profit ratio	1	0.21	381.59
research and development expenses	0	149000000	-100.00
operating expenses	14533000000	1256000000	1057.09
interest income	0	0	NaN
interest expense	8000000	520000000	-98.46
ebitda	1304000000	1569000000	-16.89
ebitdaratio	0.09	0.21	-58.93
operating income	663000000	1046000000	-36.62
operating income ratio	0.04	0.06	-32.22
net income	287000000	504000000	-43.06
net income ratio	0.02	0.03	-39.11
eps	0.37	0.63	-41.27

Overall Score of Quarterly Income Statement

0.25 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 15,196 million in 2024Q3 from 16,249 million in 2024Q2 representing a change of -6.48%. This indicates a sales shrinking, which is a negative sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses decreased to 0 million in 2024Q3 from 149 million in 2024Q2 representing a change of -100.0%. This shows that the company decreased investment in innovation and product development, which is not a good sign for long-term growth.

  Operating Expenses: Operating Expenses increased to 14,533 million in 2024Q3 from 1,256 million in 2024Q2 representing a change of 1057.09%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 1,304 million in 2024Q3 from 1,569 million in 2024Q2 representing a change of -16.89%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Net Income: Net income decreased to 287 million in 2024Q3 from 504 million in 2024Q2 representing a change of -43.06%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.37 in 2024Q3 from 0.37 in 2024Q2 representing a change of -41.27%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 15,196 million in 2024Q3 from 3,374 million in 2024Q2 representing a change of 350.39%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Income: Operating income increased to 663 million in 2024Q3 from 1,046 million in 2024Q2 representing a change of -36.62%. The increase in operating income indicates better operational performance and increased profitability.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001243429
total assets	93917000000	94547000000	-0.67
total liabilities	37849000000	38957000000	-2.84
total equity	56068000000	55590000000	0.86
cash and cash equivalents	7783000000	9414000000	-17.33
short term investments	0	0	NaN
long term investments	11781000000	10765000000	9.44
total current assets	33240000000	37118000000	-10.45
total non current assets	60677000000	57429000000	5.66
total current liabilities	21769000000	22398000000	-2.81
total non current liabilities	16080000000	16559000000	-2.89
common stock	303000000	312000000	-2.88
retained earnings	46264000000	45442000000	1.81
total debt	10681000000	11650000000	-8.32

Overall Score of Annual Balance Sheet

0.56 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 93,917 million in 2023 from 94,547 million in 2022 representing a change of -0.67%. Suggesting a decrease in asset holdings.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 7,783 million in 2023 from 9,414 million in 2022 representing a change of -17.33%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 33,240 million in 2023 from 37,118 million in 2022 representing a change of -10.45%. This indicates a worsen liquidity position.

  Common Stock: Common Stock decreased to 303 in 2023 from 312 in 2022 representing a change of -2.88%. This indicates a decrease in ownership interest.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 37,849 million in 2023 from 38,957 million in 2022 representing a change of -2.84%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 56,068 million in 2023 from 55,590 million in 2022 representing a change of 0.86%. This indicates an increase in shareholders' equity.

  Total Current Liabilities: Total Current Liabilities decreased to 21,769 million in 2023 from 22,398 million in 2022 representing a change of -2.81%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 46,264 million in 2023 from 45,442 million in 2022 representing a change of 1.81%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 10,681 million in 2023 from 11,650 million in 2022 representing a change of -8.32%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0001243429
total assets	93168000000	90847000000	2.55
total liabilities	37804000000	36548000000	3.44
total equity	55364000000	54299000000	1.96
cash and cash equivalents	5094000000	5903000000	-13.70
short term investments	0	-65000000	100.00
long term investments	11304000000	10451000000	8.16
total current assets	31061000000	31008000000	0.17
total non current assets	62107000000	59839000000	3.79
total current liabilities	21281000000	20306000000	4.80
total non current liabilities	16523000000	16242000000	1.73
common stock	0	303000000	-100.00
retained earnings	0	47350000000	-100.00
total debt	11259000000	11127000000	1.19

Overall Score of Quarterly Balance Sheet

0.4 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 93,168 million in 2024Q3 from 90,847 million in 2024Q2 representing a change of 2.55%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 55,364 million in 2024Q3 from 54,299 million in 2024Q2 representing a change of 1.96%. This indicates an increase in shareholders' equity.

  Short Term Investments: Short Term Investments increased to 0 million in 2024Q3 from -65 million in 2024Q2 representing a change of 100.0%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 31,061 million in 2024Q3 from 31,008 million in 2024Q2 representing a change of 0.17%. This indicates a better liquidity position.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 37,804 million in 2024Q3 from 36,548 million in 2024Q2 representing a change of 3.44%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 5,094 million in 2024Q3 from 5,903 million in 2024Q2 representing a change of -13.7%. This indicates a decrease in available liquid assets.

  Total Current Liabilities: Total Current Liabilities increased to 21,281 million in 2024Q3 from 20,306 million in 2024Q2 representing a change of 4.8%. This indicates a higher short-term debt burden.

  Common Stock: Common Stock decreased to 0 in 2024Q3 from 303 in 2024Q2 representing a change of -100.0%. This indicates a decrease in ownership interest.

  Retained Earnings: Retained Earnings decreased to 0 million in 2024Q3 from 47,350 million in 2024Q2 representing a change of -100.0%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 11,259 million in 2024Q3 from 11,127 million in 2024Q2 representing a change of 1.19%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001243429
net change in cash	-1614000000	5085000000	-131.74
operating cash flow	7645000000	10203000000	-25.07
free cash flow	3032000000	6735000000	-54.98
capital expenditure	-4613000000	-3468000000	-33.02
depreciation and amortization	2675000000	3606000000	-25.82
deferred income tax	-770000000	-363000000	-112.12
stock based compensation	39000000	38000000	2.63
accounts payables	0	-294000000	100.00
inventory	1568000000	-2062000000	176.04
acquisitions net	-2343000000	-939000000	-149.52
investments in property plant and equipment	-4613000000	-3468000000	-33.02
net cash used for investing activites	-5848000000	-4483000000	-30.45
debt repayment	-1674000000	3123000000	-153.60
common stock issued	0	0	NaN
common stock repurchased	-1208000000	-2937000000	58.87
dividends paid	-369000000	-332000000	-11.14
net cash used provided by financing activities	-3666000000	-477000000	-668.55
cash at end of period	7686000000	9300000000	-17.35
accounts receivables	307000000	1133000000	-72.90
cash at beginning of period	9300000000	4215000000	120.64

Overall Score of Annual Cashflow Statement

0.38 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -1,614 million in 2023 from 5,085 million in 2022 representing a change of -131.74%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to 7,645 million in 2023 from 10,203 million in 2022 representing a change of -25.07%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 3,032 million in 2023 from 6,735 million in 2022 representing a change of -54.98%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation increased to 39 million in 2023 from 38 million in 2022 representing a change of 2.63%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Dividends Paid: Dividends Paid decreased to -369 million in 2023 from -332 million in 2022 representing a change of -11.14%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• 📈 Positive Indicators

  Capital Expenditure: Capital Expenditure decreased to -4,613 million in 2023 from -3,468 million in 2022 representing a change of -33.02%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2023 from 294 million in 2022 representing a change of 100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to 307 million in 2023 from 1,133 million in 2022 representing a change of -72.9%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0001243429
operating cash flow	1411000000	973000000	45.02
free cash flow	360000000	-1248000000	128.85
capital expenditure	-1051000000	-2221000000	52.68
depreciation and amortization	682000000	635000000	7.40
deferred income tax	151000000	-28000000	639.29
stock based compensation	0	0	NaN
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-1051000000	-985000000	-6.70
net cash used for investing activites	-1865000000	-1042000000	-78.98
debt repayment	-171000000	946000000	-118.08
common stock issued	0	0	NaN
common stock repurchased	-277000000	-293000000	5.46
dividends paid	0	-200000000	100.00
net cash used provided by financing activities	-533000000	-614000000	13.19
net change in cash	0	-1880000000	100.00
cash at end of period	0	5903000000	-100.00
cash at beginning of period	0	7783000000	-100.00

Overall Score of Quarterly Cashflow Statement

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 0 million in 2024Q3 from -1,880 million in 2024Q2 representing a change of 100.0%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 1,411 million in 2024Q3 from 973 million in 2024Q2 representing a change of 45.02%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 360 million in 2024Q3 from -1,248 million in 2024Q2 representing a change of 128.85%. This indicates an increase in cash generated after accounting for capital expenditures.

  Dividends Paid: Dividends Paid increased to 0 million in 2024Q3 from -200 million in 2024Q2 representing a change of 100.0%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to -1,051 million in 2024Q3 from -2,221 million in 2024Q2 representing a change of 52.68%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Deferred Income Tax: Deferred Income Tax increased to 151 million in 2024Q3 from -28 million in 2024Q2 representing a change of 639.29%. This indicates that the company's tax liability for future periods has increased.

Earnings Transcripts ⓘ

We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.

Note: The years mentioned below are fiscal years in accounting.

Q3 2024 Earnings call transcript
Q2 2024 Earnings call transcript
Q4 2023 Earnings call transcript
Q4 2022 Earnings call transcript
Q3 2022 Earnings call transcript
Q2 2022 Earnings call transcript
Q1 2022 Earnings call transcript
Q4 2021 Earnings call transcript

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	81.09	87.64	-7.48
net income per share	1.09	10.21	-89.31
operating cash flow per share	9.08	11.2	-18.93
free cash flow per share	3.6	7.39	-51.29
cash per share	9.24	10.33	-10.55
book value per share	66.59	61.02	9.13
tangible book value per share	60.53	55.64	8.79
shareholders equity per share	64.09	58.34	9.84
interest debt per share	12.17	12.11	0.50
market cap	23761240000	23886420000	-0.52
enterprise value	26659240000	26122420000	2.06
pe ratio	25.86	2.57	906.88
price to sales ratio	0.35	0.3	16.33
pocfratio	3.11	2.34	32.76
pfcf ratio	7.84	3.55	120.97
pb ratio	0.44	0.45	-2.02
ptb ratio	0.44	0.45	-2.02
ev to sales	0.39	0.33	19.35
enterprise value over ebitda	7.69	2.02	280.39
ev to operating cash flow	3.49	2.56	36.20
ev to free cash flow	8.79	3.88	126.70
earnings yield	0.04	0.39	-90.07
free cash flow yield	0.13	0.28	-54.74
debt to equity	0.18	0.2	-13.21
debt to assets	0.1	0.11	-11.30
net debt to ebitda	0.84	0.17	383.09
current ratio	1.53	1.66	-7.86
interest coverage	3.27	48.23	-93.21
income quality	8.32	1.1	658.42
dividend yield	0.02	0.01	11.73
payout ratio	0.4	0.04	1024.99
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0.0	0.0	22.26
intangibles to total assets	0.05	0.05	4.76
capex to operating cash flow	0.6	0.34	77.52
capex to revenue	0.07	0.04	55.56
capex to depreciation	1.72	0.96	79.31
stock based compensation to revenue	0.0	0.0	20.02
graham number	39.67	115.78	-65.73
roic	0.03	0.14	-78.03
return on tangible assets	0.01	0.1	-90.03
graham net net	-21.31	-18.24	-16.79
working capital	11471000000	14720000000	-22.07
tangible asset value	50966000000	50687000000	0.55
net current asset value	-4609000000	-1839000000	-150.63
invested capital	50229000000	49790000000	0.88
average receivables	3750000000	4491000000	-16.50
average payables	13568500000	14312500000	-5.20
average inventory	19423000000	19972500000	-2.75
days sales outstanding	19.57	17.55	11.52
days payables outstanding	78.16	73.38	6.51
days of inventory on hand	107.76	108.93	-1.07
receivables turnover	18.65	20.8	-10.33
payables turnover	4.67	4.97	-6.11
inventory turnover	3.39	3.35	1.08
roe	0.02	0.18	-90.27
capex per share	5.48	3.81	43.92

• Negative

  ROE: Return on Equity (ROE) decreased to 0.02 on 2023-12-31 from 0.18 on 2022-12-31, representing a change of -90.27%. Suggesting that the company has not been generating high returns for its shareholders.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 25.86 on 2023-12-31 from 2.57 on 2022-12-31, representing a change of 906.88%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.18 on 2023-12-31 from 0.20 on 2022-12-31, representing a change of -13.21%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Neutral

  Current Ratio: Current Ratio decreased to 1.53 on 2023-12-31 from 1.66 on 2022-12-31, representing a change of -7.86%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

• Quarterly Financial Ratios

	2024-09-30 Q3	2024-06-30 Q2	Q/Q change %
MT
calendar year	2024	2024	NaN
revenue per share	19.53	20.16	-3.12
net income per share	0.37	0.63	-41.01
operating cash flow per share	1.81	1.21	50.23
free cash flow per share	0.46	-1.55	129.88
cash per share	6.55	7.24	-9.61
book value per share	71.16	67.37	5.63
tangible book value per share	65.04	61.23	6.22
shareholders equity per share	68.52	64.77	5.78
interest debt per share	14.48	13.17	9.99
market cap	20430280000	18399955206.96	11.03
enterprise value	26595280000	23623955206.96	12.58
pe ratio	17.8	9.13	94.99
price to sales ratio	1.34	1.13	18.73
pocfratio	14.48	18.91	-23.43
pfcf ratio	56.75	-14.74	484.92
pb ratio	0.38	0.35	8.73
ptb ratio	0.38	0.35	8.73
ev to sales	1.75	1.45	20.38
enterprise value over ebitda	20.4	15.06	35.46
ev to operating cash flow	18.85	24.28	-22.37
ev to free cash flow	73.88	-18.93	490.27
earnings yield	0.01	0.03	-48.71
free cash flow yield	0.02	-0.07	125.98
debt to equity	0.21	0.19	9.25
debt to assets	0.12	0.11	8.78
net debt to ebitda	4.73	3.33	42.00
current ratio	1.46	1.53	-4.42
interest coverage	82.88	2.01	4019.98
income quality	4.92	1.93	154.66
dividend yield	0	0.01	-100.00
payout ratio	0	0.4	-100.00
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0.01	-100.00
intangibles to total assets	0.05	0.05	-6.14
capex to operating cash flow	0.74	2.28	-67.37
capex to revenue	0.07	0.14	-49.40
capex to depreciation	1.54	3.5	-55.94
stock based compensation to revenue	0	0	NaN
graham number	23.85	30.19	-21.00
roic	0.01	0.01	-54.22
return on tangible assets	0.0	0.01	-44.67
graham net net	-26.09	-23.23	-12.27
working capital	9780000000	10702000000	-8.62
tangible asset value	50602000000	49352000000	2.53
net current asset value	-6743000000	-5540000000	-21.71
invested capital	49077000000	48791000000	0.59
average receivables	4212000000	4294500000	-1.92
average payables	12828500000	12583500000	1.95
average inventory	18082000000	18031000000	0.28
days sales outstanding	25.1	23.19	8.26
days payables outstanding	0	87.33	-100.00
days of inventory on hand	0	123.66	-100.00
receivables turnover	3.59	3.88	-7.63
payables turnover	0	1.03	-100.00
inventory turnover	0	0.73	-100.00
roe	0.01	0.01	-44.23
capex per share	1.35	2.76	-50.98

• Negative

  ROE: Return on Equity (ROE) decreased to 0.01 on 2024-09-30 Q3 from 0.01 on 2024-06-30 Q2, representing a change of -44.23%. Suggesting that the company has not been generating high returns for its shareholders.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 17.80 on 2024-09-30 Q3 from 9.13 on 2024-06-30 Q2, representing a change of 94.99%. Indicating an increase in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 1.46 on 2024-09-30 Q3 from 1.53 on 2024-06-30 Q2, representing a change of -4.42%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.21 on 2024-09-30 Q3 from 0.19 on 2024-06-30 Q2, representing a change of 9.25%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 56.57 which is higher than current price 25.24, indicates the company may be undervalued.