Adjusted EBITDA share by Business Division (last 12 months)
(R$ million)
FCF
Free Cash Flow
Working Capital
R$ million
and Financial Cycle
8.6
9.2
10.4
2,330
2,402
8.5
7.5
95
83
1,143
63
57
205
49
Mar | 20
Jun | 20
Sep | 20
Dec| 20
Mar| 21
1T20
2T20
3T20
-441
Working Capital (R$ billion)
Financial Cycle (days)
1Q20
2Q20
3Q20
4Q20
1Q21
LIQUIDITY AND INDEBTDNESS
Debt long profile
Debt and
Leverage
R$ billion
Average Cost of Debt
4.8% p.a
Debt
Maturity
8 years
20.0
21.0
19.5
17.5
17.8
6.0
2.55x
2.78x
0.5
2.07x
6.0
0.7
3.7
6.5
7.2
7.7
7.0
1.5
1.8
2.0
1.25x
0.96x
0.1
0.7
0.8
Mar/20
Jun/20
Sep/20
Dec/20
Mar/21
2021
2022
2023
2024
2025
2026
2027 2028 and
Gross Debt
Cash
Net debt/EBITDA (R$)
Bond
Debenture
Bilateral Loans
after
RETURN ON INVESTMENT
ROCE (1) (Return on Capital Employed)
14.2%
9.7% 7.0%
4.3%
8.7%
2017
2018
2019
2020
LTM1Q21
ROCE
(1) ROCE = NOPAT/(LTM capital employed)
NOPAT = Operational net income after taxes
Capital Employed = Working Capital + PPE + Goodwill + Other operational assets and liabilities
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Gerdau SA published this content on 05 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 May 2021 12:20:07 UTC.
Gerdau S.A. is one of the world's leading producers of long steels.
As of the end of 2018, the group has 41 steel mills worldwide.
Net sales break down geographically as follows: Brazil (37.4%), South America (10.4%), North America (51%), Europe and Asia (1.2%).