Usinas Siderúrgicas de Minas Gerais S.A (USIM3) — Cash Flow Quality Index

Latest as of June 2026: 0.84x

Usinas Siderúrgicas de Minas Gerais S.A (USIM3) has a Cash Flow Quality Index of 0.84x as of June 2026. Operating cash flow of R$357.90 Million is below net income of R$428.18 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Usinas Siderúrgicas de Minas Gerais S.A (USIM3) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.84x
Operating CF / Net Income

Operating Cash Flow

R$357.90 Million
BRL

Net Income

R$428.18 Million
BRL

Data as of

Jun 2026
Most recent filing

Usinas Siderúrgicas de Minas Gerais S.A Cash Flow Quality Index (2003–2024)

Historical Cash Flow Quality Index for Usinas Siderúrgicas de Minas Gerais S.A across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Usinas Siderúrgicas de Minas Gerais S.A.

Annual Cash Flow Quality Index for Usinas Siderúrgicas de Minas Gerais S.A (2003–2024)

Year-by-year earnings quality comparison for Usinas Siderúrgicas de Minas Gerais S.A.

Year Quality Index Operating CF (BRL) Net Income YoY Change
2024 294.22x R$989.16 Million R$3.36 Million ▲ +10465.2%
2023 2.78x R$4.57 Billion R$1.64 Billion ▲ +484.5%
2022 0.48x R$997.12 Million R$2.09 Billion ▼ -9.5%
2021 0.53x R$5.30 Billion R$10.06 Billion ▼ -81.9%
2020 2.91x R$3.76 Billion R$1.29 Billion ▼ -44.4%
2019 5.23x R$1.97 Billion R$376.69 Million ▲ +751.2%
2018 0.61x R$509.62 Million R$828.70 Million ▼ -77.9%
2017 2.78x R$877.03 Million R$315.08 Million ▼ -58.9%
2014 6.77x R$1.41 Billion R$208.48 Million ▼ -89.7%
2013 65.89x R$1.11 Billion R$16.79 Million ▲ +5757.7%
2011 -1.16x R$-470.63 Million R$404.13 Million ▼ -220.4%
2010 0.97x R$1.35 Billion R$1.39 Billion ▼ -47.3%
2009 1.84x R$2.34 Billion R$1.27 Billion ▲ +228.7%
2008 0.56x R$1.80 Billion R$3.22 Billion ▼ -56.5%
2007 1.28x R$4.07 Billion R$3.17 Billion ▼ -9.1%
2006 1.41x R$3.55 Billion R$2.52 Billion ▲ +45.0%
2005 0.97x R$3.81 Billion R$3.92 Billion ▼ -35.3%
2004 1.50x R$4.54 Billion R$3.02 Billion ▼ -20.1%
2003 1.88x R$2.46 Billion R$1.31 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.