Stock Analysis on Net

Steel Dynamics Inc. (NASDAQ:STLD)

This company has been moved to the archive! The financial data has not been updated since October 26, 2022.

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Steel Dynamics Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Cash and equivalents 1,420,497 1,007,085 1,189,528 1,243,868 1,095,701 1,113,744 1,245,165 1,368,618 1,267,618 1,496,458 1,235,478 1,381,460 1,146,007 972,561 791,444 828,220 884,315 720,445 985,824 1,028,649 1,101,964 908,843 966,826
Short-term investments 583,211 351,005 69,546 219,193 262,174 69,529 114,154 173,723 228,783 115,000 90,000 40,000
Accounts receivable, unrelated parties 2,255,206 2,573,539 2,285,245 1,911,385 1,886,759 1,565,317 1,360,535 967,981 915,223 841,593 995,324 841,378 983,515 1,069,061 1,141,038 1,040,220 1,224,477 1,175,795 983,457 846,415 897,838 866,716 860,676
Accounts receivable, related parties 78,788 87,176 78,423 5,049 6,036 5,707 5,928 3,937 3,619 2,463 3,084 2,958 3,431 3,818 2,357 3,536 3,713 4,388 4,198 22,422 25,179 20,178 22,471
Accounts receivable, net 2,333,994 2,660,715 2,363,668 1,916,434 1,892,795 1,571,024 1,366,463 971,918 918,842 844,056 998,408 844,336 986,946 1,072,879 1,143,395 1,043,756 1,228,190 1,180,183 987,655 868,837 923,017 886,894 883,147
Inventories 3,376,532 3,647,061 3,516,815 3,531,130 2,894,970 2,481,832 2,217,534 1,843,548 1,609,216 1,567,017 1,644,538 1,689,043 1,767,020 1,802,759 1,867,700 1,859,168 1,853,862 1,787,109 1,600,058 1,519,347 1,487,516 1,418,732 1,361,550
Other current assets 99,210 90,144 79,624 209,591 104,106 98,509 67,744 74,363 59,219 39,043 45,351 76,012 50,818 61,248 52,628 72,730 50,110 39,927 38,705 91,509 59,648 37,188 33,442
Current assets 7,813,444 7,756,010 7,149,635 6,901,023 5,987,572 5,265,109 4,896,906 4,258,447 3,854,895 4,016,120 4,142,968 4,253,025 4,020,320 4,023,601 4,028,890 4,032,657 4,131,477 3,817,664 3,652,242 3,508,342 3,572,145 3,251,657 3,244,965
Property, plant and equipment, net 5,146,606 4,886,555 4,827,962 4,751,430 4,654,192 4,526,892 4,340,411 4,105,569 3,862,375 3,587,450 3,327,605 3,135,886 3,031,731 2,947,243 2,936,893 2,945,767 2,901,658 2,909,033 2,657,937 2,675,904 2,708,777 2,729,721 2,760,544
Intangible assets, net 276,586 281,022 288,183 295,345 302,522 309,700 317,139 324,577 306,574 313,520 320,711 327,901 249,598 256,302 263,315 270,328 236,563 243,154 249,983 256,909 263,357 269,129 276,553
Goodwill 451,594 452,341 453,088 453,835 454,683 455,530 456,378 457,226 474,520 451,220 452,068 452,915 540,913 526,462 530,716 429,645 502,900 508,275 386,045 386,893 388,518 390,129 391,740
Other assets 359,468 335,286 337,769 129,601 137,016 130,100 117,062 119,743 119,192 100,031 101,571 106,038 100,685 104,306 97,419 25,166 25,770 26,395 26,606 27,684 27,940 29,494 30,233
Noncurrent assets 6,234,254 5,955,204 5,907,002 5,630,211 5,548,413 5,422,222 5,230,990 5,007,115 4,762,661 4,452,221 4,201,955 4,022,740 3,922,927 3,834,313 3,828,343 3,670,906 3,666,891 3,686,857 3,320,571 3,347,390 3,388,592 3,418,473 3,459,070
Total assets 14,047,698 13,711,214 13,056,637 12,531,234 11,535,985 10,687,331 10,127,896 9,265,562 8,617,556 8,468,341 8,344,923 8,275,765 7,943,247 7,857,914 7,857,233 7,703,563 7,798,368 7,504,521 6,972,813 6,855,732 6,960,737 6,670,130 6,704,035

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Steel Dynamics Inc. current assets increased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Steel Dynamics Inc. property, plant and equipment, net increased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Steel Dynamics Inc. noncurrent assets increased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Steel Dynamics Inc. total assets increased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Steel Dynamics Inc. cash and equivalents decreased from Q1 2022 to Q2 2022 but then increased from Q2 2022 to Q3 2022 exceeding Q1 2022 level.
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Steel Dynamics Inc. short-term investments increased from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Accounts receivable, unrelated parties Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Steel Dynamics Inc. accounts receivable, unrelated parties increased from Q1 2022 to Q2 2022 but then decreased significantly from Q2 2022 to Q3 2022.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Steel Dynamics Inc. inventories increased from Q1 2022 to Q2 2022 but then decreased significantly from Q2 2022 to Q3 2022.