NLMK demonstrates a stable financial performance through the cycle. The company has the highest credit rating among Russian steel producers.
The Company's debt structure as of the end of 2Q 2019
- Net Debt/ EBITDA: 0.39x
- Net debt: $1.29 bn (+41% qoq)
- Cash and equivalents (incl ST bank deposits): $1.51 bn (+28% qoq)
- Total debt: $2.8 bn (+34% qoq)
- Short-term debt: $0.54 bn
- Long-term debt: $2.26 bn