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 2016
- Net Debt/ EBITDA: 0.7x
- Net debt: $1.16 bn (+20% QoQ)
- Cash and equivalents (incl ST investments): $1.6 bn (-4% QoQ)
- Total debt: $2.8 bn (+5% QoQ)
- Short term debt: $0.6 bn
- Long term debt: $2.2 bn