Olympic Steel Financials

ZEUS Stock  USD 34.98  1.10  3.05%   
Olympic Steel may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. At this time, Olympic Steel's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Intangible Assets is likely to gain to about 124 M in 2025, whereas Short and Long Term Debt Total is likely to drop slightly above 154.6 M in 2025. Key indicators impacting Olympic Steel's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio21.2720.259
Sufficiently Up
Slightly volatile
Current Ratio2.824.3773
Way Down
Pretty Stable
Investors should never underestimate Olympic Steel's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Olympic Steel's cash flow, debt, and profitability to make informed and accurate decisions about investing in Olympic Steel.

Net Income

16.66 Million

  
Understanding current and past Olympic Steel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Olympic Steel's financial statements are interrelated, with each one affecting the others. For example, an increase in Olympic Steel's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Olympic Steel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Olympic Steel. Check Olympic Steel's Beneish M Score to see the likelihood of Olympic Steel's management manipulating its earnings.

Olympic Steel Stock Summary

Olympic Steel competes with Outokumpu Oyj, Usinas Siderurgicas, POSCO Holdings, Steel Dynamics, and Commercial Metals. Olympic Steel, Inc. processes, distributes, and storage metal products in the United States and internationally. Olympic Steel, Inc. was founded in 1954 and is based in Bedford Heights, Ohio. Olympic Steel operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 1644 people.
Specialization
Basic Materials, Materials
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS68162K1060
CUSIP68162K106
LocationOhio; U.S.A
Business Address22901 Millcreek Boulevard,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.olysteel.com
Phone216 292 3800
CurrencyUSD - US Dollar

Olympic Steel Key Financial Ratios

Olympic Steel Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets640.6M1.0B891.6M984.8M18.8M17.8M
Other Current Liab33.9M69.7M57.2M52.7M60.6M63.6M
Net Debt180.6M346.0M182.2M215.2M260.5M149.0M
Retained Earnings172.8M293.0M379.9M418.9M435.2M457.0M
Accounts Payable87.3M148.6M101.4M119.7M80.7M73.5M
Cash5.5M9.8M12.2M13.2M11.9M12.5M
Net Receivables151.6M284.6M219.8M191.1M166.1M105.1M
Inventory240.0M485.0M416.9M386.5M390.6M242.4M
Other Current Assets5.1M10.0M9.2M12.3M11.9M7.9M
Total Liab339.6M599.1M375.7M429.4M3.5M3.3M
Total Current Assets402.2M789.4M658.1M603.2M580.6M361.3M
Short Term Debt5.6M5.9M6.1M7.8M9.0M8.5M
Intangible Assets32.6M33.7M32.0M92.6M118.1M124.0M
Good Will3.4M5.1M10.5M52.1M83.8M88.0M
Common Stock132.4M133.4M134.7M136.5M157.0M130.5M
Other Liab23.3M24.2M24.9M21.6M24.9M17.8M
Long Term Debt160.6M327.8M165.7M190.2M272.5M173.1M
Other Assets18.1M15.2M12.7M16.9M18.8M10.3M
Net Tangible Assets275.7M301.0M424.4M516.0M593.4M317.7M
Long Term Debt Total193.4M160.6M327.8M165.7M190.5M236.6M

Olympic Steel Key Income Statement Accounts

The reason investors look at the income statement is to determine what Olympic Steel's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense7.4M7.6M10.1M16.0M16.5M17.3M
Total Revenue1.2B2.3B2.6B2.2B1.9B1.2B
Gross Profit255.0M510.2M486.1M475.6M1.9B2.0B
Operating Income573K172.5M133.7M77.7M47.9M33.8M
Ebit(1.0M)170.6M133.0M77.6M89.2M93.7M
Ebitda19.0M191.5M153.2M104.8M47.9M53.6M
Cost Of Revenue979.1M1.8B2.1B1.7B17.3M16.4M
Income Before Tax(6.9M)164.8M123.6M61.6M31.3M25.6M
Net Income(5.6M)121.1M90.9M44.5M23.0M16.7M
Income Tax Expense(1.3M)43.7M32.7M17.1M8.3M8.7M
Tax Provision(1.3M)43.7M32.7M15.7M8.3M11.5M
Net Interest Income(7.4M)(7.6M)(10.1M)(15.2M)(16.5M)(15.6M)

Olympic Steel Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory37.2M(241.9M)68.1M51.5M(640K)(672K)
Change In Cash(209K)4.3M2.4M1.0M(1.3M)(1.2M)
Free Cash Flow51.8M(157.4M)166.0M153.8M4.2M4.0M
Depreciation20.0M21.0M20.2M27.2M30.9M15.7M
Dividends Paid885K886K4.0M5.6M6.7M7.0M
Capital Expenditures9.8M11.0M19.9M21.3M29.5M31.0M
Net Income(5.6M)121.1M90.9M44.5M23.0M16.7M
End Period Cash Flow5.5M9.8M12.2M13.2M11.9M12.5M
Other Non Cash Items(2.3M)706K(881K)(1.3M)(22.2M)(21.1M)
Net Borrowings(109.6M)(32.6M)167.2M(162.1M)(145.9M)(138.6M)
Change To Netincome2.0M3.2M(5.0M)(888K)(799.2K)(759.2K)
Investments(28.1M)(13.5M)(16.6M)(154.8M)(109.4M)(104.0M)

Olympic Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Olympic Steel's current stock value. Our valuation model uses many indicators to compare Olympic Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Olympic Steel competition to find correlations between indicators driving Olympic Steel's intrinsic value. More Info.
Olympic Steel is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.73  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Olympic Steel is roughly  1.36 . At this time, Olympic Steel's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Olympic Steel by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Olympic Steel Systematic Risk

Olympic Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Olympic Steel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Olympic Steel correlated with the market. If Beta is less than 0 Olympic Steel generally moves in the opposite direction as compared to the market. If Olympic Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Olympic Steel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Olympic Steel is generally in the same direction as the market. If Beta > 1 Olympic Steel moves generally in the same direction as, but more than the movement of the benchmark.

Olympic Steel Thematic Clasifications

Olympic Steel is part of several thematic ideas from Plastics to Iron. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Olympic Steel Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Olympic Steel's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Olympic Steel growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.32)

At this time, Olympic Steel's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Olympic Steel February 26, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Olympic Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Olympic Steel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Olympic Steel based on widely used predictive technical indicators. In general, we focus on analyzing Olympic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Olympic Steel's daily price indicators and compare them against related drivers.

Additional Tools for Olympic Stock Analysis

When running Olympic Steel's price analysis, check to measure Olympic Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Olympic Steel is operating at the current time. Most of Olympic Steel's value examination focuses on studying past and present price action to predict the probability of Olympic Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympic Steel's price. Additionally, you may evaluate how the addition of Olympic Steel to your portfolios can decrease your overall portfolio volatility.