Current Ratio
since 2005
Calculation
Steel Dynamics Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2021 | 3.10 | = | 6,901,023) | ÷ | 2,227,369) |
| Dec 31, 2020 | 3.38 | = | 4,258,447) | ÷ | 1,258,787) |
| Dec 31, 2019 | 4.22 | = | 4,253,025) | ÷ | 1,006,698) |
| Dec 31, 2018 | 3.96 | = | 4,032,657) | ÷ | 1,019,137) |
| Dec 31, 2017 | 4.04 | = | 3,508,342) | ÷ | 868,519) |
| Dec 31, 2016 | 4.11 | = | 2,929,675) | ÷ | 712,815) |
| Dec 31, 2015 | 4.74 | = | 2,537,941) | ÷ | 535,290) |
| Dec 31, 2014 | 3.50 | = | 2,973,765) | ÷ | 850,582) |
| Dec 31, 2013 | 2.54 | = | 2,473,634) | ÷ | 975,178) |
| Dec 31, 2012 | 3.77 | = | 2,296,225) | ÷ | 609,677) |
| Dec 31, 2011 | 2.23 | = | 2,455,258) | ÷ | 1,100,417) |
| Dec 31, 2010 | 3.56 | = | 2,000,003) | ÷ | 561,317) |
| Dec 31, 2009 | 2.45 | = | 1,456,803) | ÷ | 595,561) |
| Dec 31, 2008 | 1.76 | = | 1,709,915) | ÷ | 970,981) |
| Dec 31, 2007 | 1.88 | = | 1,696,229) | ÷ | 904,526) |
| Dec 31, 2006 | 2.59 | = | 1,036,197) | ÷ | 399,490) |
| Dec 31, 2005 | 3.50 | = | 725,733) | ÷ | 207,177) |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Steel Dynamics Inc., current ratio, long-term trends, comparison to competitors
| Steel Dynamics Inc. | Freeport-McMoRan Inc. | Newmont Corp. | |
|---|---|---|---|
| Dec 31, 2021 | 3.10 | 2.52 | 2.90 |
| Dec 31, 2020 | 3.38 | 2.72 | 2.52 |
| Dec 31, 2019 | 4.22 | 2.47 | 2.63 |
| Dec 31, 2018 | 3.96 | 3.22 | 2.95 |
| Dec 31, 2017 | 4.04 | 2.14 | 3.63 |
| Dec 31, 2016 | 4.11 | 2.45 | 2.67 |
| Dec 31, 2015 | 4.74 | 1.73 | 3.52 |
| Dec 31, 2014 | 3.50 | 1.75 | 2.47 |
| Dec 31, 2013 | 2.54 | 2.09 | 1.78 |
| Dec 31, 2012 | 3.77 | 3.08 | 1.89 |
| Dec 31, 2011 | 2.23 | 3.42 | 1.37 |
| Dec 31, 2010 | 3.56 | 2.62 | 2.64 |
| Dec 31, 2009 | 2.45 | 2.48 | 2.51 |
| Dec 31, 2008 | 1.76 | 1.66 | 1.48 |
| Dec 31, 2007 | 1.88 | 1.53 | 1.78 |
| Dec 31, 2006 | 2.59 | 2.21 | 1.52 |
| Dec 31, 2005 | 3.50 | 1.48 | 2.25 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Metals & Mining)
Steel Dynamics Inc., current ratio, long-term trends, comparison to sector (metals & mining)
| Steel Dynamics Inc. | Metals & Mining | |
|---|---|---|
| Dec 31, 2021 | 3.10 | 2.64 |
| Dec 31, 2020 | 3.38 | 2.62 |
| Dec 31, 2019 | 4.22 | 2.54 |
| Dec 31, 2018 | 3.96 | 3.13 |
| Dec 31, 2017 | 4.04 | 2.46 |
| Dec 31, 2016 | 4.11 | 2.51 |
| Dec 31, 2015 | 4.74 | 2.17 |
| Dec 31, 2014 | 3.50 | 1.97 |
| Dec 31, 2013 | 2.54 | 1.98 |
| Dec 31, 2012 | 3.77 | 2.50 |
| Dec 31, 2011 | 2.23 | 2.24 |
| Dec 31, 2010 | 3.56 | 2.63 |
| Dec 31, 2009 | 2.45 | 2.49 |
| Dec 31, 2008 | 1.76 | 1.60 |
| Dec 31, 2007 | 1.88 | 1.60 |
| Dec 31, 2006 | 2.59 | 1.77 |
| Dec 31, 2005 | 3.50 | 1.86 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Materials)
Steel Dynamics Inc., current ratio, long-term trends, comparison to industry (materials)
| Steel Dynamics Inc. | Materials | |
|---|---|---|
| Dec 31, 2021 | 3.10 | 1.47 |
| Dec 31, 2020 | 3.38 | 1.40 |
| Dec 31, 2019 | 4.22 | 1.38 |
| Dec 31, 2018 | 3.96 | 1.84 |
| Dec 31, 2017 | 4.04 | 1.96 |
| Dec 31, 2016 | 4.11 | 2.12 |
| Dec 31, 2015 | 4.74 | 1.98 |
| Dec 31, 2014 | 3.50 | 1.76 |
| Dec 31, 2013 | 2.54 | 1.75 |
| Dec 31, 2012 | 3.77 | 2.12 |
| Dec 31, 2011 | 2.23 | 1.92 |
| Dec 31, 2010 | 3.56 | 2.26 |
| Dec 31, 2009 | 2.45 | 2.17 |
| Dec 31, 2008 | 1.76 | 1.28 |
| Dec 31, 2007 | 1.88 | 1.37 |
| Dec 31, 2006 | 2.59 | 1.53 |
| Dec 31, 2005 | 3.50 | 1.52 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).