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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S0K's short term assets (CA$1.7B) exceed its short term liabilities (CA$915.0M).
Long Term Liabilities: S0K's short term assets (CA$1.7B) exceed its long term liabilities (CA$854.0M).
Debt to Equity History and Analysis
Debt Level: S0K has more cash than its total debt.
Reducing Debt: S0K's debt to equity ratio has increased from 38% to 41.4% over the past 5 years.
Debt Coverage: S0K's debt is well covered by operating cash flow (46.5%).
Interest Coverage: S0K's interest payments on its debt are well covered by EBIT (7x coverage).