BlueScope Steel Balance Sheet Health
Financial Health criteria checks 6/6
BlueScope Steel has a total shareholder equity of A$11.1B and total debt of A$207.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are A$15.3B and A$4.2B respectively. BlueScope Steel's EBIT is A$1.4B making its interest coverage ratio 28.9. It has cash and short-term investments of A$1.3B.
Key information
1.9%
Debt to equity ratio
AU$207.00m
Debt
Interest coverage ratio | 28.9x |
Cash | AU$1.34b |
Equity | AU$11.06b |
Total liabilities | AU$4.21b |
Total assets | AU$15.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BH5's short term assets (A$6.1B) exceed its short term liabilities (A$2.9B).
Long Term Liabilities: BH5's short term assets (A$6.1B) exceed its long term liabilities (A$1.3B).
Debt to Equity History and Analysis
Debt Level: BH5 has more cash than its total debt.
Reducing Debt: BH5's debt to equity ratio has reduced from 12.8% to 1.9% over the past 5 years.
Debt Coverage: BH5's debt is well covered by operating cash flow (853.3%).
Interest Coverage: BH5's interest payments on its debt are well covered by EBIT (28.9x coverage).