Adjusted EBITDA share by Business Division (last 12 months)
FCF
Free Cash Flow
R$ million
Working Capital
and Financial Cycle
2,330
2,402
9.2
8.5
95
1,143 1,201
63
205
2T20
3T20
Jun | 20
Sep | 20
2Q20
3Q20
4Q20
1Q21
2Q21
Working Capital (R$ billion)
Financial Cycle (days)
12.7
10.4
7.5
57 60
49
4T20
1T21
2T21
Dec | 20
Mar|21
Jun | 21
LIQUIDITY AND INDEBTDNESS
Debt long profile
Average Cost
of Debt
5.36% p.a
Debt Maturity
Debt and Leverage
7.7 years
R$ billion
21.0
19.5
17.5
17.8
5.2
2.78x
15.8
0.5
2.07x
0.6
3.3
6.5
7.2
7.7
7.0
5.6
1.7
1.5
1.5
1.25x
0.1
0.7
0.8
0.96x
0.65x
jun/20
Sep/20
Dec/20
mar/21
jun/21
2021
2022
2023
2024
2025
2026
2027 2028 and
Gross Debt
Cash
Net debt/EBITDA (R$)
after
Bond
Debenture
Bilateral Loans
RETURN ON INVESTMENT
ROCE (1) (Return on Capital Employed)
9.7%
22.5%
8.7%
7.0%
4.3%
2017
2018
2019
2020
LTM2Q21
(1) ROCE = NOPAT/(LTM capital employed)
NOPAT = Net Operating Profit After Tax
Capital Employed = Working Capital + PPE + Goodwill + Other operational assets and liabilities
LTM = Last twelve months
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original document
Permalink
Disclaimer
Gerdau SA published this content on 04 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2021 12:15:13 UTC.
Gerdau S.A. is one of the world's leading producers of long steels.
As of the end of 2018, the group has 41 steel mills worldwide.
Net sales break down geographically as follows: Brazil (37.4%), South America (10.4%), North America (51%), Europe and Asia (1.2%).
GERDAU S.A. 
