Acerinox, S.A.

MCE ACX.MC

Acerinox, S.A. Interest Coverage Ratio for the year ending December 31, 2023: 4.35

Acerinox, S.A. Interest Coverage Ratio is 4.35 for the year ending December 31, 2023, a -69.65% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Acerinox, S.A. Interest Coverage Ratio for the year ending December 31, 2022 was 14.32, a -20.45% change year over year.
Acerinox, S.A. Interest Coverage Ratio for the year ending December 31, 2021 was 18.01, a 350.10% change year over year.
Acerinox, S.A. Interest Coverage Ratio for the year ending December 31, 2020 was 4.00, a 122.88% change year over year.
Acerinox, S.A. Interest Coverage Ratio for the year ending December 31, 2019 was 1.79, a -82.64% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover 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