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Steel Dynamics, Inc. (STLD)
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Steel Dynamics, Inc. (STLD) Debt to Assets Ratio: 0.26%

The debt to assets ratio for Steel Dynamics, Inc. (STLD) is 0.26% as of Saturday, June 20, 2026.

STLD Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

0.26%

Leverage Ratios Comparison

Debt/Assets

0.3%

Debt/Equity

0.47

Current Ratio

3.06

Interest Coverage

21.1x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Steel Dynamics, Inc. Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Steel Dynamics, Inc. Debt to Assets Ratio FAQ

What is the debt to assets ratio for Steel Dynamics, Inc. (STLD)?
The debt to assets ratio for STLD stock is 0.26%.

About Steel Dynamics, Inc.

Steel Dynamics, Inc. is a prominent American steel manufacturer and metal recycling enterprise, conducting its operations through three distinct business divisions. The Steel Operations segment is responsible for producing a broad range of steel products, including hot, cold, and coated rolled steel, various structural shapes like beams, channels, and angles, flat and reinforcing bars, and a diverse selection of rail and engineered steel bar products. This segment also provides specialized processing services for both bar products (such as turning, polishing, and heat treating) and specialty items (including cutting, welding, and galvanizing). Its offerings cater to numerous industries, such as construction, automotive, manufacturing, transportation, heavy and agricultural equipment, and pipe and tube production. Sales are channeled directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations division focuses on acquiring, processing, and reselling ferrous (e.g., heavy melting steel, shredded scrap, cast iron) and nonferrous (e.g., aluminum, copper, stainless steel) scrap metals, transforming them into reusable materials. This division further offers supplementary services including transportation logistics, marketing, brokerage, and scrap management. The Steel Fabrication Operations segment manufactures crucial components for commercial building construction, such as steel joists, girders, trusses, and steel deck products. Established in 1993 and headquartered in Fort Wayne, Indiana, the company also engages in exporting its products internationally.

Fort Wayne, IN
13,000 employees
Basic Materials / Steel
Sector
Basic Materials
Industry
Steel
CEO
Mark D. Millett