Vulcan Steel Balance Sheet Health
Financial Health criteria checks 2/6
Vulcan Steel has a total shareholder equity of NZ$172.1M and total debt of NZ$299.9M, which brings its debt-to-equity ratio to 174.3%. Its total assets and total liabilities are NZ$906.4M and NZ$734.4M respectively. Vulcan Steel's EBIT is NZ$99.0M making its interest coverage ratio 2.7. It has cash and short-term investments of NZ$24.1M.
Key information
174.3%
Debt to equity ratio
NZ$299.90m
Debt
| Interest coverage ratio | 2.7x |
| Cash | NZ$24.11m |
| Equity | NZ$172.06m |
| Total liabilities | NZ$734.38m |
| Total assets | NZ$906.43m |
Recent financial health updates
Recent updates
Vulcan Steel's (ASX:VSL) Dividend Will Be NZ$0.1389
Aug 29
These 4 Measures Indicate That Vulcan Steel (ASX:VSL) Is Using Debt Extensively
Apr 18There Are Reasons To Feel Uneasy About Vulcan Steel's (ASX:VSL) Returns On Capital
Mar 21Vulcan Steel's (ASX:VSL) Dividend Is Being Reduced To NZ$0.305
Sep 18Vulcan Steel's (ASX:VSL) Dividend Is Being Reduced To NZ$0.305
Aug 31Should You Be Adding Vulcan Steel (ASX:VSL) To Your Watchlist Today?
Jul 04Vulcan Steel's (ASX:VSL) Shareholders May Want To Dig Deeper Than Statutory Profit
Feb 20Vulcan Steel Limited's (ASX:VSL) Shares Lagging The Market But So Is The Business
Dec 15Does This Valuation Of Vulcan Steel Limited (ASX:VSL) Imply Investors Are Overpaying?
Jun 09Financial Position Analysis
Short Term Liabilities: VSL's short term assets (NZ$533.3M) exceed its short term liabilities (NZ$169.4M).
Long Term Liabilities: VSL's short term assets (NZ$533.3M) do not cover its long term liabilities (NZ$565.0M).
Debt to Equity History and Analysis
Debt Level: VSL's net debt to equity ratio (160.3%) is considered high.
Reducing Debt: VSL's debt to equity ratio has increased from 93.8% to 174.3% over the past 5 years.
Debt Coverage: VSL's debt is well covered by operating cash flow (56.3%).
Interest Coverage: VSL's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vulcan Steel Limited is covered by 6 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shaurya Visen | BofA Global Research |
| Rohan Koreman-Smit | Forsyth Barr Group Ltd. |
| Grant Swanepoel | Jarden Limited |