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SSAB (SSAAY)

(Delayed Data from OTC)

$2.88 USD

2.88
41

0.00 (0.00%)

Updated May 30, 2024 02:06 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value D Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 11% (223 out of 250)

Industry: Steel - Producers

Better trading starts here.

Balance Sheet

Research for SSAAY

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for SSAB falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 2,749 2,551 1,609 769 380
Receivables 1,194 1,351 1,482 938 854
Notes Receivable 0 0 0 0 0
Inventories 3,063 3,757 2,985 1,901 2,157
Other Current Assets 0 0 127 72 145
Total Current Assets 7,006 7,658 6,203 3,680 3,536
Net Property & Equipment 2,578 2,585 2,687 2,400 2,538
Investments & Advances 108 172 182 147 133
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 52 62 36 25 27
Intangibles 141 140 3,668 3,150 3,439
Deposits & Other Assets 30 25 0 0 0
Total Assets 10,169 10,872 13,061 9,658 9,943
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 1,603 1,939 1,891 1,206 1,277
Current Portion Long-Term Debt 135 187 167 650 292
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 520 361 321
Income Taxes Payable 107 80 194 25 12
Other Current Liabilities 702 753 155 120 163
Total Current Liabilities 2,619 3,027 3,005 2,433 2,128
Mortgages 0 0 0 0 0
Deferred Taxes/Income 272 309 172 41 61
Convertible Debt 0 0 0 0 0
Long-Term Debt 592 623 990 1,019 1,076
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 71 75 99 72 70
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 3,762 4,214 4,490 3,761 3,551
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 855 898 1,057 988 959
Capital Surplus 0 0 2,684 2,509 2,436
Retained Earnings 2,074 1,898 4,116 2,251 2,243
Other Equity 3,479 3,863 714 148 755
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 6,408 6,659 8,571 5,896 6,392
Total Liabilities & Shareholder's Equity 10,169 10,872 13,061 9,658 9,943
Total Common Equity 6,408 6,659 8,571 5,896 6,392
Shares Outstanding 2,059.60 2,059.60 2,060.00 2,060.00 2,060.00
Book Value Per Share 3.11 3.23 4.16 2.86 3.10

Fiscal Year End for SSAB falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents 2,785 2,749 2,564 2,329 2,582
Receivables 1,562 1,194 1,482 1,666 1,579
Notes Receivable 0 0 0 0 0
Inventories 3,171 3,063 3,294 3,479 3,434
Other Current Assets 0 0 0 0 0
Total Current Assets 7,517 7,006 7,339 7,474 7,595
Net Property & Equipment 2,731 2,578 2,526 2,559 2,497
Investments & Advances 142 108 154 176 170
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 56 52 58 52 54
Intangibles 147 141 139 147 189
Deposits & Other Assets 0 30 0 0 0
Total Assets 10,860 10,169 10,475 10,701 10,788
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable 0 0 0 0 0
Accounts Payable 1,759 1,603 1,745 1,814 1,665
Current Portion Long-Term Debt 136 135 128 293 185
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 114 107 116 107 147
Other Current Liabilities 717 702 730 738 772
Total Current Liabilities 2,802 2,619 2,789 3,027 2,841
Mortgages 0 0 0 0 0
Deferred Taxes/Income 286 272 271 298 301
Convertible Debt 0 0 0 0 0
Long-Term Debt 617 592 600 616 625
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 77 75 83 52
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 3,995 3,762 3,944 4,263 4,049
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 871 855 838 861 866
Capital Surplus 2,212 0 2,130 2,187 2,201
Retained Earnings 2,250 2,074 1,983 1,698 2,188
Other Equity 1,531 3,479 1,579 1,693 1,484
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 6,865 6,408 6,531 6,438 6,739
Total Liabilities & Shareholder's Equity 10,860 10,169 10,475 10,701 10,788
Total Common Equity 6,865 6,408 6,531 6,438 6,739
Shares Outstanding 2,059.60 2,059.60 2,059.60 2,059.60 2,059.60
Book Value Per Share 3.33 3.11 3.17 3.13 3.27