Debt to Equity
since 2005
Calculation
Steel Dynamics Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Long-term debt, including current maturities1 | ÷ | Total Steel Dynamics, Inc. equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2021 | 0.49 | = | 3,105,876) | ÷ | 6,304,641) |
| Dec 31, 2020 | 0.71 | = | 3,102,676) | ÷ | 4,345,164) |
| Dec 31, 2019 | 0.67 | = | 2,734,344) | ÷ | 4,075,834) |
| Dec 31, 2018 | 0.60 | = | 2,376,723) | ÷ | 3,935,071) |
| Dec 31, 2017 | 0.71 | = | 2,381,940) | ÷ | 3,351,574) |
| Dec 31, 2016 | 0.81 | = | 2,356,826) | ÷ | 2,927,020) |
| Dec 31, 2015 | 0.97 | = | 2,594,656) | ÷ | 2,679,727) |
| Dec 31, 2014 | 1.04 | = | 3,024,166) | ÷ | 2,913,015) |
| Dec 31, 2013 | 0.83 | = | 2,107,589) | ÷ | 2,547,323) |
| Dec 31, 2012 | 0.92 | = | 2,202,237) | ÷ | 2,405,465) |
| Dec 31, 2011 | 1.03 | = | 2,380,100) | ÷ | 2,315,941) |
| Dec 31, 2010 | 1.14 | = | 2,386,821) | ÷ | 2,092,870) |
| Dec 31, 2009 | 1.12 | = | 2,222,754) | ÷ | 1,988,268) |
| Dec 31, 2008 | 1.63 | = | 2,650,384) | ÷ | 1,623,886) |
| Dec 31, 2007 | 1.33 | = | 2,029,845) | ÷ | 1,529,196) |
| Dec 31, 2006 | 0.36 | = | 438,878) | ÷ | 1,231,108) |
| Dec 31, 2005 | 0.50 | = | 440,575) | ÷ | 879,868) |
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., debt to equity, long-term trends, comparison to competitors
| Steel Dynamics Inc. | Freeport-McMoRan Inc. | Newmont Corp. | |
|---|---|---|---|
| Dec 31, 2021 | 0.49 | 0.68 | 0.29 |
| Dec 31, 2020 | 0.71 | 0.95 | 0.29 |
| Dec 31, 2019 | 0.67 | 1.06 | 0.32 |
| Dec 31, 2018 | 0.60 | 1.14 | 0.41 |
| Dec 31, 2017 | 0.71 | 1.64 | 0.38 |
| Dec 31, 2016 | 0.81 | 2.65 | 0.43 |
| Dec 31, 2015 | 0.97 | 2.61 | 0.55 |
| Dec 31, 2014 | 1.04 | 1.04 | 0.65 |
| Dec 31, 2013 | 0.83 | 0.99 | 0.66 |
| Dec 31, 2012 | 0.92 | 0.20 | 0.46 |
| Dec 31, 2011 | 1.03 | 0.23 | 0.33 |
| Dec 31, 2010 | 1.14 | 0.38 | 0.33 |
| Dec 31, 2009 | 1.12 | 0.70 | 0.45 |
| Dec 31, 2008 | 1.63 | 1.27 | 0.50 |
| Dec 31, 2007 | 1.33 | 0.40 | 0.39 |
| Dec 31, 2006 | 0.36 | 0.28 | 0.20 |
| Dec 31, 2005 | 0.50 | 0.68 | 0.23 |
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., debt to equity, long-term trends, comparison to sector (metals & mining)
| Steel Dynamics Inc. | Metals & Mining | |
|---|---|---|
| Dec 31, 2021 | 0.49 | 0.44 |
| Dec 31, 2020 | 0.71 | 0.49 |
| Dec 31, 2019 | 0.67 | 0.54 |
| Dec 31, 2018 | 0.60 | 0.76 |
| Dec 31, 2017 | 0.71 | 0.92 |
| Dec 31, 2016 | 0.81 | 1.23 |
| Dec 31, 2015 | 0.97 | 1.39 |
| Dec 31, 2014 | 1.04 | 0.90 |
| Dec 31, 2013 | 0.83 | 0.88 |
| Dec 31, 2012 | 0.92 | 0.31 |
| Dec 31, 2011 | 1.03 | 0.28 |
| Dec 31, 2010 | 1.14 | 0.36 |
| Dec 31, 2009 | 1.12 | 0.56 |
| Dec 31, 2008 | 1.63 | 0.85 |
| Dec 31, 2007 | 1.33 | 0.39 |
| Dec 31, 2006 | 0.36 | 0.22 |
| Dec 31, 2005 | 0.50 | 0.31 |
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., debt to equity, long-term trends, comparison to industry (materials)
| Steel Dynamics Inc. | Materials | |
|---|---|---|
| Dec 31, 2021 | 0.49 | 0.37 |
| Dec 31, 2020 | 0.71 | 0.40 |
| Dec 31, 2019 | 0.67 | 0.38 |
| Dec 31, 2018 | 0.60 | 0.43 |
| Dec 31, 2017 | 0.71 | 1.06 |
| Dec 31, 2016 | 0.81 | 1.38 |
| Dec 31, 2015 | 0.97 | 1.52 |
| Dec 31, 2014 | 1.04 | 1.02 |
| Dec 31, 2013 | 0.83 | 0.96 |
| Dec 31, 2012 | 0.92 | 0.46 |
| Dec 31, 2011 | 1.03 | 0.42 |
| Dec 31, 2010 | 1.14 | 0.47 |
| Dec 31, 2009 | 1.12 | 0.64 |
| Dec 31, 2008 | 1.63 | 0.94 |
| Dec 31, 2007 | 1.33 | 0.46 |
| Dec 31, 2006 | 0.36 | 0.35 |
| Dec 31, 2005 | 0.50 | 0.47 |
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).