National Steel Debt-to-Assets Ratio Growth & History (SID)
National Steel's debt-to-assets ratio was 0.54 for fiscal 2025.
View full National Steel company overviewNational Steel annual debt-to-assets ratio history
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.54 | −0.02 | −4.44% |
| 2024 | 2024-12-31 | 0.56 | 0.06 | +11.33% |
| 2023 | 2023-12-31 | 0.50 | 0.01 | +2.27% |
| 2022 | 2022-12-31 | 0.49 | 0.07 | +17.44% |
| 2021 | 2021-12-31 | 0.42 | −0.15 | −26.23% |
| 2020 | 2020-12-31 | 0.57 | 0.33 | +136.64% |
| 2019 | 2019-12-31 | 0.24 | 0.12 | +101.32% |
| 2018 | 2018-12-31 | 0.12 | 0.09 | +253.90% |
| 2017 | 2017-12-31 | 0.03 | −0.66 | −95.10% |
| 2016 | 2016-12-31 | 0.69 | — | — |
National Steel quarterly debt-to-assets ratio
Q4.16
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.54 | 0.02 | +3.84% |
| Q1 2026 | 2026-03-31 | 0.52 | −0.01 | −2.73% |
| Q4 2025 | 2025-12-31 | 0.54 | −0.02 | −4.44% |
| Q3 2025 | 2025-09-30 | 0.53 | — | — |
| Q2 2025 | 2025-06-30 | 0.52 | — | — |
| Q1 2025 | 2025-03-31 | 0.53 | — | — |
| Q4 2024 | 2024-12-31 | 0.56 | 0.06 | +11.33% |
| Q4 2023 | 2023-12-31 | 0.50 | 0.01 | +2.27% |
| Q4 2022 | 2022-12-31 | 0.49 | 0.07 | +17.44% |
| Q4 2021 | 2021-12-31 | 0.42 | −0.15 | −26.23% |
| Q4 2020 | 2020-12-31 | 0.57 | 0.33 | +136.64% |
| Q4 2019 | 2019-12-31 | 0.24 | 0.12 | +101.32% |
| Q4 2018 | 2018-12-31 | 0.12 | 0.09 | +253.90% |
| Q4 2017 | 2017-12-31 | 0.03 | −0.66 | −95.10% |
| Q4 2016 | 2016-12-31 | 0.69 | — | — |
National Steel debt-to-assets ratio trends
Over the last five fiscal years, National Steel's debt-to-assets ratio decreased from 0.57 to 0.54, a change of −0.03. The latest reported quarter, Q2 2026, shows 0.54.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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