ArcelorMittal SA (0RP9) - Net Assets
Based on the latest financial reports, ArcelorMittal SA (0RP9) has net assets worth €47.12 Billion EUR (≈ $55.08 Billion USD) as of September 2021. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€88.09 Billion ≈ $102.99 Billion USD) and total liabilities (€40.98 Billion ≈ $47.90 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ArcelorMittal SA tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €47.12 Billion |
| % of Total Assets | 53.49% |
| Annual Growth Rate | 6.16% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.89 |
ArcelorMittal SA - Net Assets Trend (2016–2020)
This chart illustrates how ArcelorMittal SA's net assets have evolved over time, based on quarterly financial data. See ArcelorMittal SA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ArcelorMittal SA (2016–2020)
The table below shows the annual net assets of ArcelorMittal SA from 2016 to 2020. For live valuation and market cap data, see ArcelorMittal SA market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | €38.28 Billion ≈ $44.75 Billion |
-0.63% |
| 2019-12-31 | €38.52 Billion ≈ $45.04 Billion |
-8.47% |
| 2018-12-31 | €42.09 Billion ≈ $49.20 Billion |
+8.50% |
| 2017-12-31 | €38.79 Billion ≈ $45.35 Billion |
+28.72% |
| 2016-12-31 | €30.14 Billion ≈ $35.23 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to ArcelorMittal SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 37.7% over the analyzed period, indicating profitable operations and earnings retention.
- The company has 1.4% of equity in treasury stock, representing shares repurchased from the open market.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €22.10 Billion | 57.72% |
| Common Stock | €393.00 Million | 1.03% |
| Treasury Stock | €538.00 Million | 1.41% |
| Other Components | €16.33 Billion | 42.65% |
| Total Equity | €38.28 Billion | 100.00% |
ArcelorMittal SA Competitors by Market Cap
The table below lists competitors of ArcelorMittal SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hitech & Development Wireless Sweden Holding AB (publ)
ST:HDW-B
|
$588.92K |
|
Bentley Capital Ltd
AU:BEL
|
$592.52K |
|
Gulf Resources Inc
F:R29B
|
$597.98K |
|
Setubandhan Infrastructure Limited
NSE:SETUINFRA
|
$598.03K |
|
African Dawn Capital Ltd
JSE:ADW
|
$586.01K |
|
Naked Wines plc
LSE:WINE
|
$584.93K |
|
Actelis Networks Inc.
NASDAQ:ASNS
|
$584.23K |
|
Discovery Harbour Resources Corp
V:DHR
|
$584.17K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ArcelorMittal SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 38,521,000,000 to 38,280,000,000, a change of -241,000,000 (-0.6%).
- Net loss of 733,000,000 reduced equity.
- Dividend payments of 312,000,000 reduced retained earnings.
- Share repurchases of 105,000,000 reduced equity.
- Other factors increased equity by 909,000,000.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-733.00 Million | -1.91% |
| Dividends Paid | €312.00 Million | -0.82% |
| Share Repurchases | €105.00 Million | -0.27% |
| Other Changes | €909.00 Million | +2.37% |
| Total Change | €- | -0.63% |
Book Value vs Market Value Analysis
This analysis compares ArcelorMittal SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently ArcelorMittal SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.38%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.14x
- Recent ROE (-1.91%) is below the historical average (4.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.90% | 3.13% | 0.76x | 2.49x | €-1.23 Billion |
| 2017 | 11.78% | 6.65% | 0.81x | 2.20x | €689.10 Million |
| 2018 | 12.23% | 6.77% | 0.83x | 2.17x | €940.40 Million |
| 2019 | -6.37% | -3.48% | 0.80x | 2.28x | €-6.31 Billion |
| 2020 | -1.91% | -1.38% | 0.65x | 2.14x | €-4.56 Billion |
Industry Comparison
This section compares ArcelorMittal SA's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ArcelorMittal SA (0RP9) | €47.12 Billion | 5.90% | 0.87x | $586.22K |
| Kambi Group PLC Series B (0EAW) | $247.74 Million | 3.70% | 0.52x | $518.97 Million |
| Embracer Group AB Series B (0GFE) | $345.09 Million | 20.85% | 0.35x | $561.80 Million |
| STMicroelectronics NV (0INB) | $8.25 Billion | 8.41% | 0.86x | $787.10K |
| Uniti Group Inc. (0LJB) | $-2.07 Billion | 0.00% | 0.00x | $2.02 Billion |
| RTL Group SA (0MNC) | $3.05 Billion | 21.92% | 1.73x | $354.39K |
| Subsea 7 SA (0OGK) | $5.58 Billion | 7.81% | 0.40x | $335.34K |
| Stolt-Nielsen Limited (0OHK) | $1.72 Billion | 16.31% | 1.75x | $1.92 Billion |
| Aperam SA (0OLF) | $2.52 Billion | 11.37% | 0.72x | $555.66K |
| Gedeon Richter PLC (0QFP) | $680.18 Billion | 5.20% | 0.17x | $62.83 Million |
| Creades AB Series A (0QI9) | $3.74 Billion | 14.21% | 0.00x | $105.20 Million |
About ArcelorMittal SA
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long p… Read more