Acerinox, S.A.

MCE ACX.MC

Acerinox, S.A. Debt to Equity Ratio for the year ending December 31, 2023: 0.89

Acerinox, S.A. Debt to Equity Ratio is 0.89 for the year ending December 31, 2023, a 11.26% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Acerinox, S.A. Debt to Equity Ratio for the year ending December 31, 2022 was 0.80, a -6.53% change year over year.
Acerinox, S.A. Debt to Equity Ratio for the year ending December 31, 2021 was 0.86, a -19.98% change year over year.
Acerinox, S.A. Debt to Equity Ratio for the year ending December 31, 2020 was 1.07, a 46.72% change year over year.
Acerinox, S.A. Debt to Equity Ratio for the year ending December 31, 2019 was 0.73, a 7.74% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

MCE: ACX.MC

Acerinox, S.A.

CEO	Mr. Bernardo Velazquez Herreros
IPO Date	Jan. 3, 2000
Location	Spain
Headquarters	C/ Santiago de Compostela
Employees	8,002
Sector	Materials
Industries Steel Consumer Packaged Goods Metals

Description

Acerinox, S.A., through its subsidiaries, manufactures, transforms, and markets stainless steel products in Spain, the Americas, Africa, Asia, Oceania, and Europe. The company offers flat products, including coil cold rollings, hot rolled and black coils, teardrop steel or coils, and hot and cold rolled sheets, as well as roughing materials, discs, billets, and plates. It also provides long products, which include steel and color coated wires, corrugated wires, hexagonal wire rods, bars, hot and cold rebars, decorticated bars, black bars, steel profiles, and corrugated hot rolls. The company was incorporated in 1970 and is headquartered in Madrid, Spain.

Key trends

Past 5 years