Stelco Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Stelco Holdings has a total shareholder equity of CA$1.3B and total debt of CA$536.0M, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are CA$3.1B and CA$1.8B respectively. Stelco Holdings's EBIT is CA$285.0M making its interest coverage ratio 7. It has cash and short-term investments of CA$646.0M.
Key information
41.4%
Debt to equity ratio
CA$536.00m
Debt
| Interest coverage ratio | 7x |
| Cash | CA$646.00m |
| Equity | CA$1.30b |
| Total liabilities | CA$1.77b |
| Total assets | CA$3.07b |
Recent financial health updates
These 4 Measures Indicate That Stelco Holdings (TSE:STLC) Is Using Debt Reasonably Well
Dec 02
We Think Stelco Holdings (TSE:STLC) Can Stay On Top Of Its Debt
Jun 21Is Stelco Holdings (TSE:STLC) A Risky Investment?
Oct 29Does Stelco Holdings (TSE:STLC) Have A Healthy Balance Sheet?
Jul 04Here's Why Stelco Holdings (TSE:STLC) Can Manage Its Debt Responsibly
Dec 15We Think Stelco Holdings (TSE:STLC) Can Stay On Top Of Its Debt
Aug 12Recent updates
Returns On Capital At Stelco Holdings (TSE:STLC) Paint A Concerning Picture
Apr 15An Intrinsic Calculation For Stelco Holdings Inc. (TSE:STLC) Suggests It's 25% Undervalued
Mar 26Investors Aren't Buying Stelco Holdings Inc.'s (TSE:STLC) Revenues
Mar 11The Returns On Capital At Stelco Holdings (TSE:STLC) Don't Inspire Confidence
Dec 17These 4 Measures Indicate That Stelco Holdings (TSE:STLC) Is Using Debt Reasonably Well
Dec 02Stelco Holdings (TSE:STLC) Has Announced A Dividend Of CA$3.42
Nov 12Stelco Holdings Inc. (TSE:STLC) Shares Could Be 42% Below Their Intrinsic Value Estimate
Oct 27Stelco Holdings (TSE:STLC) Knows How To Allocate Capital Effectively
Jul 31We Think Stelco Holdings (TSE:STLC) Can Stay On Top Of Its Debt
Jun 21Calculating The Intrinsic Value Of Stelco Holdings Inc. (TSE:STLC)
May 20Stelco Holdings (TSE:STLC) Is Very Good At Capital Allocation
Apr 19Stelco Holdings' (TSE:STLC) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 26If EPS Growth Is Important To You, Stelco Holdings (TSE:STLC) Presents An Opportunity
Nov 24Is Stelco Holdings (TSE:STLC) A Risky Investment?
Oct 29Stelco Holdings Inc.'s (TSE:STLC) Intrinsic Value Is Potentially 79% Above Its Share Price
Aug 31Does Stelco Holdings (TSE:STLC) Have A Healthy Balance Sheet?
Jul 04Is Stelco Holdings Inc. (TSE:STLC) Trading At A 27% Discount?
May 02Is Stelco Holdings Inc. (TSE:STLC) Trading At A 39% Discount?
Jan 10Here's Why Stelco Holdings (TSE:STLC) Can Manage Its Debt Responsibly
Dec 15A Look At The Intrinsic Value Of Stelco Holdings Inc. (TSE:STLC)
Sep 26We Think Stelco Holdings (TSE:STLC) Can Stay On Top Of Its Debt
Aug 12Here's What's Concerning About Stelco Holdings' (TSE:STLC) Returns On Capital
May 28Stelco Holdings Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 07Financial Position Analysis
Short Term Liabilities: STLC's short term assets (CA$1.7B) exceed its short term liabilities (CA$915.0M).
Long Term Liabilities: STLC's short term assets (CA$1.7B) exceed its long term liabilities (CA$854.0M).
Debt to Equity History and Analysis
Debt Level: STLC has more cash than its total debt.
Reducing Debt: STLC's debt to equity ratio has increased from 38% to 41.4% over the past 5 years.
Debt Coverage: STLC's debt is well covered by operating cash flow (46.5%).
Interest Coverage: STLC's interest payments on its debt are well covered by EBIT (7x coverage).