ArcelorMittal Balance Sheet - Quarterly (NYSE:MT)

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$28.24 $1.45 (4.88%) MT stock closing price Aug 15, 2018 (Closing)

The financial analysis of a company like ArcelorMittal involves checking the three financial statements of the company in detail, of which the balance sheet is one. As in our ArcelorMittal stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. ArcelorMittal balance sheet as at the end of 2018 Q2 indicates an asset turnover ratio of 0.89 and debt to equity ratio of 0.31. Also check ArcelorMittal revenue and ArcelorMittal operating cash flow for the same period.

View and download ArcelorMittal quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash3.1B2.26B2.79B2.98B2.27B2.4B2.62B2.26B2.4B2.86B
Marketable Securities----------
Receivables4.84B5.01B3.86B4.44B4.26B3.97B2.97B3.41B3.5B3.33B
Inventory17.75B18.95B17.99B17.78B17.46B16.39B14.73B13.6B12.91B12.87B
Raw Materials--7.62B-7.37B-6.61B-5.36B-
Work In Progress--4.05B-4.03B-3.26B-2.8B-
Finished Goods--6.32B-6.06B-4.86B-4.76B-
Notes Receivable----------
Other Current Assets5.75B2.88B2.11B2.85B2.41B2.38B1.92B1.7B1.96B3.09B
Total Current Assets
31.43B29.1B26.75B28.05B26.41B25.14B22.25B20.97B20.77B22.15B
Property Plant & Equipment--70.63B---61.43B---
Accumulated Depreciation--33.66B---26.6B---
Net Property Plant & Equipment
34.29B37.03B36.97B36.47B35.77B35.05B34.83B35.81B35.98B36.21B
Investment & Advances4.71B5.23B6.56B4.94B5.85B4.47B5.22B4.42B5.33B4.46B
Other Non-Current Assets----------
Deferred Charges7.5B7.17B7.06B6.7B6.47B5.93B5.84B6B5.96B6.16B
Intangibles5.45B5.76B5.74B5.86B5.77B5.72B5.65B5.76B5.84B5.69B
Deposits & Other Assets3.59B3.67B2.23B2.5B1.2B2.18B1.35B2.08B1.15B1.89B
Total Assets
86.96B87.96B85.3B84.51B81.46B78.49B75.14B75.04B75.02B76.56B
Notes Payable----------
Accounts Payable12.42B13.49B13.43B12.07B12.56B12.04B11.63B9.24B8.88B8.59B
Current Portion Long-Term Debt4.56B4.08B2.79B5.76B3.94B3.45B1.89B1.82B1.12B3.88B
Current Portion Capital Leases----------
Accrued Expenses4.89B5.39B4.51B5.23B4.2B4.85B3.94B5.35B4.84B5.86B
Income Taxes Payable--232M-328M-133M-137M-
Other Current Liabilities846M42M460M40M443M38M521M115M783M208M
Total Current Liabilities
22.71B23.01B21.41B23.11B21.46B20.39B18.12B16.52B15.75B18.53B
Mortgages----------
Deferred Taxes/Income2.51B2.61B10.31B2.71B11.33B2.63B10.83B2.45B11.14B2.32B
Convertible Debt----------
Long-Term Debt8.96B9.31B10.14B9.19B10.22B11.05B11.79B12.63B14.02B16.31B
Non-Current Capital Leases----------
Other Long-Term Liabilities10.45B10.35B2.58B10.97B2.2B10.5B2.09B10.84B2.1B11.59B
Total Liabilities
44.63B45.27B44.44B45.97B45.21B44.56B42.82B42.45B43.01B48.75B
Minority Interest----------
Preferred Stock----------
Common Stock Net--401M-401M-401M-401M-
Capital Surplus--34.85B-34.84B-34.83B-34.83B-
Retained Earnings--3.9B-13.69B--4.72B--5.1B-
Treasury Stock--362M-368M-371M-374M-
Other Liabilities--2.07B--12.31B-2.19B-2.25B-
Shareholders Equity42.34B42.69B40.86B38.54B36.25B33.93B32.33B32.59B32.01B27.81B
Total Liabilities & Shareholders Equity86.96B87.96B85.3B84.51B81.46B78.49B75.14B75.04B75.02B76.56B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the ArcelorMittal stock price by looking at ArcelorMittal historical stock prices. One can compare PE with industry average by looking at the ArcelorMittal PE ratio chart. The common balance sheet items are:

  • Assets: MT total assets, which was at $86.96B for 2018 Q2 is a balance sheet item representing value of what ArcelorMittal owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for ArcelorMittal is $44.63B. Shareholders equity comes under liabilities as it is money the company owes the holders of MT stock.

ArcelorMittal Balance Sheet - Key Ratios

Current ratio
1.27
Debt to equity ratio
0.31
Asset turnover ratio
0.89
Receivables turnover
16.65
Price to book ratio
0.75

Quarterly Balance Sheets For ArcelorMittal SA (ADR) Peers

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