NLMK demonstrates a stable financial performance through the cycle. The company has one of the highest credit rating among Russian steel producers.
The Company's debt structure as of the end of 2Q 2020
- Net Debt/ EBITDA: 0.79x
- Net debt: $1.8 bn (+3% qoq)
- Cash and equivalents (incl ST investments): $1.5 bn (-10% qoq)
- Total debt: $3.4 bn (-3% qoq)
- Short-term debt: $1.2 bn
- Long-term debt: $2.1 bn