| Address:
|
7575 W JEFFERSON BLVD
|
| City: |
FORT WAYNE |
|
State: |
IN |
|
Zip Code: |
46804 |
| Telephone: |
260 459 3553 |
|
Description of Business
|
Primary SIC Code:
3312 |
| (As filed with the SEC)
|
|
|
We are one of the largest steel producers and, with our acquisition of
OmniSource Corporation, one of the largest scrap processors in the United States
based on a current estimated annual steelmaking capability of approximately
5.3 million tons and an estimated scrap processing and brokerage volume of
6.0 million tons of ferrous and 800 million pounds of nonferrous metalics.
Actual 2007 steel production was 5.0 million tons. Our 2007 consolidated
shipments, excluding shipments between our operating divisions, totaled
6.2 million tons, which includes steel making, fabrication and scrap processing.
During 2007, our net sales were $4.4 billion.
º .
º Steel Operations. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2009 | -0.04 | 0.075 | N/E | | 09/2009 | -0.55 | 0.075 | N/E | | 06/2009 | 0.05 | 0.075 | 296.00 | | 03/2009 | 1.18 | 0.100 | 7.47 | | 12/2008 | 2.38 | 0.100 | 4.70 | | 09/2008 | 3.25 | 0.100 | 5.26 | | 06/2008 | 2.80 | 0.100 | 13.95 | | 03/2008 | 2.23 | 0.100 | 14.82 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | -0.03 | Total Liab/Total Assets | 0.61 | | Net Inc/Total Assets | 0.00 | Total Liab/Inv Cap | 0.72 | | Net Inc/Inv Cap | 0.00 | Total Liab/Comm Equity | 12.94 | | Pretax Inc/Net Sales | 0.00 | Interest Coverage Ratio | 0.87 | | Net Inc/Net Sales | 0.00 | Curr Debt/Equity | 0.08 | | Cash Flow/Net Sales | 0.11 | LTD/Equity | 1.03 | | SG&A/NetSales | 0.06 | Total Debt/Equity | 1.12 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 6.61 | Quick Ratio | 1.01 | | Inventory Turnover | 3.79 | Current Ratio | 2.45 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.40 | | Net Sales/Work Cap | 4.60 | Inv/Curr Assets | 0.59 | | Net Sales/PP&E | 1.76 | | |
Income Statement (Millions) |
| |
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Total Revenues(Net Sales)
|
1,179.80
|
1,172.20
|
792.16
|
814.65
|
|
Cost of Goods Sold
|
1,025.63
|
955.50
|
723.32
|
855.28
|
|
Selling & Admin Exps
|
63.57
|
56.54
|
48.60
|
57.28
|
|
Operating Income
|
78.40
|
148.45
|
6.28
|
-113.60
|
|
Interest Exp
|
141.36
|
-73.29
|
37.04
|
36.25
|
|
Pretax Income
|
46.32
|
116.10
|
-31.55
|
-149.11
|
|
Other Income
|
1.46
|
2.17
|
-0.79
|
0.75
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
26.65
|
71.46
|
-16.52
|
-89.77
|
|
Assets
|
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Cash & Short Term Investments
|
9.01
|
8.09
|
18.22
|
16.07
|
|
Receivables - Total
|
585.11
|
610.78
|
522.83
|
481.95
|
|
Inventories - Total
|
852.83
|
835.08
|
738.47
|
833.07
|
|
Total Current Assets
|
1,456.80
|
1,468.78
|
1,301.53
|
1,366.81
|
|
Net Property, Plant & Equipment
|
2,254.05
|
2,215.00
|
2,144.36
|
2,108.66
|
|
Total Assets
|
5,129.87
|
5,108.96
|
4,881.81
|
4,926.08
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
427.38
|
552.74
|
373.34
|
433.20
|
|
Debt in Current Liabilities
|
168.18
|
86.15
|
115.05
|
296.45
|
|
Total Current Liabilities
|
595.56
|
638.89
|
488.39
|
729.65
|
|
Long-Term Debt
|
2,054.57
|
2,051.06
|
2,029.89
|
2,218.01
|
|
Total Liabilities
|
3,141.60
|
3,137.03
|
2,957.33
|
3,401.41
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
15.00
|
16.15
|
NA
|
14.27
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
0.63
|
0.63
|
0.63
|
0.55
|
|
Retained Earnings
|
1,745.51
|
1,735.06
|
1,682.21
|
1,714.31
|
|
Treasury Stock
|
-730.86
|
-730.86
|
-730.86
|
-734.08
|
|
Total Stockholders' Equity
|
1,988.27
|
1,971.93
|
1,924.48
|
1,524.67
|
|
Total Liabilities and Stockholders' Equity
|
5,129.87
|
5,108.96
|
4,881.81
|
4,926.08
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Net Cash Provided by Operating Activities
|
22.51
|
136.68
|
71.67
|
214.70
|
|
Net Cash Provided by Investing Activities
|
-89.44
|
-126.49
|
-80.46
|
-77.56
|
|
Net Cash Provided by Financing Activities
|
67.84
|
-20.32
|
10.94
|
-137.30
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2005 | 2,184.87 | 221.78 | 1.09 | | 12/2006 | 3,238.79 | 396.71 | 1.88 | | 12/2007 | 4,384.55 | 394.57 | 1.00 | | 12/2008 | 8,080.52 | 463.39 | 2.38 | | 12/2009 | 3,958.81 | -8.18 | -0.04 | | Growth Rates | 16.02 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/09 | 334 | 153,751 | 71.07 |
|
Report Date :
3/1/2010
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