Benzinga benzinga.com 08 Apr, 2021 15:45 am

What Does Schnitzer Steel's Debt Look Like?

Shares of Schnitzer Steel Indus (NASDAQ:SCHN) moved higher by 9.72% in the past three months. Before we understand the importance of debt, let us ...

What Does Schnitzer Steel's Debt Look Like?Shares of Schnitzer Steel Indus (NASDAQ:SCHN) moved higher by 9.Before we understand the importance of debt, let us look at how much debt Schnitzer Steel Indus has.Schnitzer Steel Indus's Debt According to the Schnitzer Steel Indus's most recent financial statement as reported on April 7, 2021, total debt is at $170.

Considering Schnitzer Steel Indus's $1.To understand the degree of financial leverage a company has, investors look at the debt ratio.

Read full story at benzinga.com