S. S. Steel Balance Sheet Health
Financial Health criteria checks 2/6
S. S. Steel has a total shareholder equity of BDT7.3B and total debt of BDT17.1B, which brings its debt-to-equity ratio to 233.9%. Its total assets and total liabilities are BDT26.9B and BDT19.6B respectively. S. S. Steel's EBIT is BDT1.5B making its interest coverage ratio 0.9. It has cash and short-term investments of BDT1.3B.
Key information
233.9%
Debt to equity ratio
৳17.05b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ৳1.33b |
| Equity | ৳7.29b |
| Total liabilities | ৳19.62b |
| Total assets | ৳26.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSSTEEL's short term assets (BDT17.9B) exceed its short term liabilities (BDT9.3B).
Long Term Liabilities: SSSTEEL's short term assets (BDT17.9B) exceed its long term liabilities (BDT10.3B).
Debt to Equity History and Analysis
Debt Level: SSSTEEL's net debt to equity ratio (215.7%) is considered high.
Reducing Debt: SSSTEEL's debt to equity ratio has increased from 43.3% to 233.9% over the past 5 years.
Debt Coverage: SSSTEEL's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: SSSTEEL's interest payments on its debt are not well covered by EBIT (0.9x coverage).