Ternium S.A. (TX) quarterly balance sheet — complete assets, liabilities & equity history
Ternium S.A. (TX) balance sheet — 22-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 9.87B | 9.93B | 9.8B | 9.81B | 10.34B | 11.06B | 11.07B | 11.74B | 11.84B | 12.54B | 12.02B | 12.76B | 8.84B | 9.1B | 8.85B | 8.78B | 9.05B | 9.03B | 8.61B | 7.74B |
| Cash & Short-Term Investments | 2.73B | 3.14B | 3.13B | 2.76B | 3.38B | 3.75B | 3.85B | 3.86B | 3.84B | 4.06B | 3.82B | 4.28B | 2.95B | 3.74B | 3.53B | 2.74B | 2.06B | 2.92B | 2.57B | 1.72B |
| Cash Only | 1.43B | 1.62B | 1.53B | 1.32B | 1.86B | 1.83B | 1.69B | 1.61B | 1.72B | 1.78B | 1.84B | 1.82B | 920.4M | 1.22B | 1.65B | 1.47B | 719.15M | 1.79B | 1.28B | 947.58M |
| Short-Term Investments | 1.3B | 1.52B | 1.6B | 1.44B | 1.52B | 1.92B | 2.16B | 2.24B | 2.12B | 2.28B | 1.98B | 2.47B | 2.03B | 2.52B | 1.88B | 1.27B | 1.34B | 1.13B | 1.29B | 768.51M |
| Accounts Receivable | 2.65B | 2.59B | 1.54B | 2.84B | 2.64B | 2.69B | 2.39B | 2.83B | 2.94B | 3.4B | 3.17B | 3.33B | 2.13B | 2.06B | 1.8B | 2.06B | 2.44B | 2.33B | 2.09B | 2.39B |
| Days Sales Outstanding | 54.88 | 47.17 | 54.35 | 63 | 61.46 | 58.15 | 61.96 | 59.29 | 63.94 | 62.56 | 60.66 | 48.49 | 49.27 | 47.92 | 50.07 | 50.19 | 48.87 | 46.17 | 47.64 | 44.72 |
| Inventory | 4.4B | 4.17B | 4.09B | 4.13B | 4.23B | 4.59B | 4.75B | 5.02B | 5.05B | 5.06B | 4.95B | 5.14B | 3.76B | 3.3B | 3.5B | 3.97B | 4.54B | 3.78B | 3.93B | 3.63B |
| Days Inventory Outstanding | 114.68 | 114.56 | 119.41 | 113.68 | 120.25 | 123.57 | 131.17 | 118.68 | 122.39 | 123.92 | 114.86 | 97.6 | 113.07 | 102.64 | 110.13 | 117.68 | 123.77 | 116.32 | 127.84 | 115.33 |
| Other Current Assets | 93.02M | 25.16M | 1.04B | 75.42M | 101M | 16M | 11.77M | 24.97M | 15.18M | 16.1M | 18.54M | 6.58M | 1.76M | 74K | 1.99M | 6.49M | 9.3M | 2.33M | 6.28M | 6.45M |
| Total Non-Current Assets | 14.68B | 14.31B | 13.82B | 13.66B | 13.58B | 12.66B | 12.06B | 12.2B | 11.82B | 12.13B | 12.16B | 11.52B | 9.09B | 8.81B | 8.65B | 8.64B | 8.74B | 8.69B | 8.49B | 8.43B |
| Property, Plant & Equipment | 10.97B | 10.71B | 10.41B | 10.1B | 9.49B | 8.8B | 8.38B | 8.14B | 7.91B | 7.86B | 8.09B | 7.38B | 6.32B | 6.29B | 6.31B | 6.38B | 6.41B | 6.41B | 6.45B | 6.46B |
| Fixed Asset Turnover | 0.40x | 0.37x | 0.36x | 0.40x | 0.43x | 0.46x | 0.47x | 0.56x | 0.57x | 0.60x | 0.64x | 0.76x | 0.61x | 0.57x | 0.56x | 0.65x | 0.69x | 0.67x | 0.67x | 0.71x |
| Goodwill | 0 | 1.01B | 0 | 0 | 0 | 0 | 662.31M | -90K | 0 | 0 | 662.31M | 0 | 0 | 0 | 662.77M | 0 | 0 | 0 | 662.45M | 0 |
| Intangible Assets | 1.04B | 0 | 1B | 1.02B | 1.02B | 1.02B | 359.8M | 1.06B | 1.05B | 1.03B | 190.76M | 1.03B | 969.31M | 956.38M | 282.3M | 927.07M | 916.02M | 903.93M | 240M | 896.98M |
| Long-Term Investments | 613.84M | 590.31M | 563M | 582.44M | 553M | 509M | 491.5M | 544.19M | 528.49M | 559.21M | 728.2M | 775.47M | 1.04B | 1B | 1.08B | 875.73M | 969.56M | 1.01B | 970.68M | 753.03M |
| Other Non-Current Assets | 769.17M | 791.31M | 1.85B | 912.39M | 1.08B | 1.03B | 2.16B | 1.01B | 943.47M | 994.17M | 774.42M | 808.76M | 409.35M | 329.37M | 117.19M | 252.36M | 226.46M | 179.52M | 9.81M | 164.56M |
| Total Assets | 24.55B | 24.24B | 23.61B | 23.47B | 23.92B | 23.72B | 23.13B | 23.94B | 23.66B | 24.67B | 24.18B | 24.29B | 17.94B | 17.91B | 17.5B | 17.42B | 17.79B | 17.72B | 17.1B | 16.17B |
| Asset Turnover | 0.18x | 0.16x | 0.16x | 0.17x | 0.17x | 0.17x | 0.16x | 0.19x | 0.19x | 0.20x | 0.20x | 0.25x | 0.22x | 0.20x | 0.20x | 0.23x | 0.25x | 0.25x | 0.26x | 0.30x |
| Asset Growth % | 2.65% | 2.22% | 2.1% | -1.95% | 1.08% | -3.86% | -4.34% | -1.43% | 31.92% | 37.77% | 38.14% | 39.39% | 0.82% | 1.05% | 2.35% | 7.71% | 19.8% | 28.85% | 33.08% | 32.65% |
| Total Current Liabilities | 3.82B | 3.77B | 3.93B | 3.99B | 3.86B | 3.68B | 3.84B | 4.02B | 4.32B | 3.78B | 3.8B | 3.93B | 2.22B | 2.28B | 2.22B | 2.09B | 2.58B | 2.82B | 3.21B | 3.1B |
| Accounts Payable | 2.04B | 2.08B | 2.07B | 2.13B | 2.02B | 1.84B | 1.93B | 1.99B | 2.25B | 2.19B | 2.23B | 2.2B | 1.32B | 1.36B | 1.19B | 1.12B | 1.56B | 1.42B | 1.13B | 1.22B |
| Days Payables Outstanding | 55.07 | 57.53 | 60.98 | 56.43 | 52.61 | 49.76 | 52.58 | 49.98 | 53.82 | 54.82 | 50.48 | 38.64 | 42.92 | 38.42 | 34.06 | 37.15 | 44.43 | 38.43 | 39.72 | 46.09 |
| Short-Term Debt | 638.17M | 615.39M | 604M | 551.51M | 546M | 641M | 670M | 590M | 752.2M | 919.18M | 24.46M | 971.16M | 377.83M | 350.48M | 548.56M | 544.49M | 550.81M | 708.18M | 867.13M | 728.45M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.15B | 981.39M | 1.21B | 1.23B | 1.21B | 1.13B | 1.2B | 1.27B | 1.23B | 491.48M | 989.49M | 532.28M | 364.27M | 366.71M | 194.34M | 331.24M | 364.29M | 410.35M | 184.96M | 386.15M |
| Current Ratio | 2.58x | 2.63x | 2.49x | 2.46x | 2.68x | 3.00x | 2.88x | 2.92x | 2.74x | 3.32x | 3.16x | 3.25x | 3.99x | 4.00x | 3.99x | 4.21x | 3.50x | 3.20x | 2.68x | 2.50x |
| Quick Ratio | 1.43x | 1.53x | 1.45x | 1.42x | 1.58x | 1.76x | 1.65x | 1.67x | 1.57x | 1.98x | 1.86x | 1.94x | 2.29x | 2.55x | 2.41x | 2.31x | 1.74x | 1.86x | 1.45x | 1.33x |
| Cash Conversion Cycle | 114.49 | 104.2 | 112.77 | 120.25 | 129.1 | 131.96 | 140.55 | 127.99 | 132.51 | 131.65 | 125.04 | 107.46 | 119.41 | 112.13 | 126.13 | 130.72 | 128.22 | 124.05 | 135.76 | 113.96 |
| Total Non-Current Liabilities | 3.99B | 3.96B | 3.53B | 3.18B | 3.48B | 3.5B | 3.16B | 3.59B | 3.18B | 3.34B | 3.57B | 3.49B | 1.41B | 1.38B | 1.51B | 1.56B | 1.5B | 1.68B | 1.65B | 1.81B |
| Long-Term Debt | 2.37B | 2.2B | 1.81B | 1.49B | 1.81B | 1.83B | 1.56B | 1.6B | 1.23B | 1.18B | 1.21B | 1.19B | 514.52M | 529.86M | 533.07M | 535.53M | 538.46M | 654.03M | 656.61M | 772.01M |
| Capital Lease Obligations | 0 | 146.17M | 138M | 161.48M | 165M | 171M | 163.67M | 167M | 176.7M | 185.77M | 188.91M | 198.58M | 179.43M | 183.2M | 190.27M | 199.25M | 208.32M | 213.7M | 215.3M | 227.81M |
| Deferred Tax Liabilities | 0 | 25.48M | 0 | 42.95M | 40M | 95M | 0 | 105.88M | 29.96M | 23.07M | 170.82M | 25.52M | 25.27M | 11.63M | 162.86M | 203.77M | 128.36M | 182.14M | 186.26M | 214.37M |
| Other Non-Current Liabilities | 1.62B | 1.59B | 1.58B | 1.48B | 1.46B | 1.4B | 1.43B | 1.72B | 1.74B | 1.95B | 2B | 2.07B | 689.39M | 651.98M | 621.18M | 617.71M | 626.7M | 629.5M | 591.3M | 597.89M |
| Total Liabilities | 7.81B | 7.74B | 7.47B | 7.17B | 7.34B | 7.18B | 7B | 7.61B | 7.51B | 7.11B | 7.37B | 7.42B | 3.63B | 3.65B | 3.73B | 3.64B | 4.09B | 4.5B | 4.86B | 4.91B |
| Total Debt | 3B | 3.01B | 2.61B | 2.26B | 2.57B | 2.69B | 2.44B | 2.4B | 2.21B | 2.33B | 1.47B | 2.42B | 1.12B | 1.11B | 1.27B | 1.33B | 1.34B | 1.62B | 1.74B | 1.77B |
| Net Debt | 1.57B | 1.39B | 1.07B | 935.55M | 716M | 857M | 749M | 790M | 491.09M | 550.43M | -371.37M | 599.4M | 197.49M | -107.14M | -382.61M | -148.49M | 624.95M | -168.55M | 462.15M | 824.93M |
| Debt / Equity | 0.18x | 0.18x | 0.16x | 0.14x | 0.16x | 0.16x | 0.15x | 0.15x | 0.14x | 0.13x | 0.09x | 0.14x | 0.08x | 0.08x | 0.09x | 0.10x | 0.10x | 0.12x | 0.14x | 0.16x |
| Debt / EBITDA | 5.59x | 6.40x | 7.06x | 5.48x | 6.50x | 8.51x | 10.55x | 6.68x | 3.99x | 2.76x | 1.90x | 3.49x | 1.27x | 2.19x | 6.25x | 1.95x | 1.10x | 1.34x | 1.16x | 0.94x |
| Net Debt / EBITDA | 2.93x | 2.96x | 2.91x | 2.27x | 1.81x | 2.71x | 3.24x | 2.20x | 0.89x | 0.65x | -0.48x | 0.87x | 0.22x | -0.21x | -1.88x | -0.22x | 0.51x | -0.14x | 0.31x | 0.44x |
| Interest Coverage | 10.67x | 6.57x | 1.35x | 4.26x | 3.75x | 4.06x | 8.76x | 5.41x | -8.76x | 12.95x | 17.07x | -10.49x | 44.33x | 26.28x | 5.05x | 27.65x | 161.90x | 162.24x | 233.34x | 286.32x |
| Total Equity | 16.74B | 16.51B | 16.15B | 16.3B | 16.58B | 16.54B | 16.13B | 16.33B | 16.16B | 17.56B | 16.81B | 16.87B | 14.31B | 14.25B | 13.78B | 13.78B | 13.7B | 13.22B | 12.24B | 11.27B |
| Equity Growth % | 0.95% | -0.19% | 0.1% | -0.16% | 2.64% | -5.81% | -4.05% | -3.2% | 12.9% | 23.18% | 22.02% | 22.4% | 4.42% | 7.81% | 12.59% | 22.31% | 37.76% | 45.39% | 45% | 44.86% |
| Book Value per Share | 85.27 | 84.08 | 82.25 | 83.03 | 84.47 | 84.24 | 82.17 | 83.17 | 82.30 | 89.43 | 85.64 | 85.92 | 72.89 | 72.60 | 70.19 | 70.19 | 69.81 | 67.34 | 62.34 | 57.39 |
| Total Shareholders' Equity | 12.3B | 12.2B | 11.94B | 11.98B | 12B | 12.11B | 11.97B | 11.94B | 11.88B | 13.03B | 12.42B | 12.44B | 12.39B | 12.23B | 11.85B | 11.9B | 11.78B | 11.42B | 10.54B | 9.7B |
| Common Stock | 0 | 2B | 11.94B | 2B | 2B | 0 | 2B | 0 | 2B | 2B | 2B | 2B | 2B | 2B | 2.01B | 2B | 2B | 2B | 2.01B | 2B |
| Retained Earnings | 0 | 13.36B | 0 | 13.2B | 13.18B | 0 | 13.25B | 0 | 13.11B | 14.27B | 13.91B | 13.71B | 14.45B | 14.18B | 13.74B | 15.54B | 13.79B | 13.34B | 12.5B | 11.73B |
| Treasury Stock | 0 | -150M | 0 | -150M | -150.01M | 0 | -150M | -150M | -150M | -150M | -150M | -150M | -150M | -150M | -150.1M | -150M | -150M | -150M | -150.03M | -150M |
| Accumulated OCI | 0 | -666.16M | 0 | -728.99M | -679.82M | 0 | -786.8M | 0 | -737.72M | -749.59M | -998.62M | -782.62M | -1.57B | -1.45B | -3.74B | -5.5B | -1.52B | -1.43B | -3.81B | -1.53B |
| Minority Interest | 4.44B | 4.31B | 4.2B | 4.32B | 4.58B | 4.43B | 4.16B | 4.38B | 4.27B | 4.53B | 4.39B | 4.43B | 1.92B | 2.02B | 1.92B | 1.88B | 1.93B | 1.8B | 1.7B | 1.56B |