Steppe Cement Balance Sheet Health
Financial Health criteria checks 6/6
Steppe Cement has a total shareholder equity of $65.2M and total debt of $6.8M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are $91.7M and $26.5M respectively. Steppe Cement's EBIT is $8.6M making its interest coverage ratio 56.5. It has cash and short-term investments of $6.0M.
Key information
10.4%
Debt to equity ratio
US$6.76m
Debt
Interest coverage ratio | 56.5x |
Cash | US$6.00m |
Equity | US$65.18m |
Total liabilities | US$26.49m |
Total assets | US$91.67m |
Recent financial health updates
Recent updates
Does Steppe Cement (LON:STCM) Have A Healthy Balance Sheet?
Nov 23The Return Trends At Steppe Cement (LON:STCM) Look Promising
Oct 08We Like Steppe Cement's (LON:STCM) Returns And Here's How They're Trending
Apr 14Steppe Cement (LON:STCM) Could Become A Multi-Bagger
Jan 13If EPS Growth Is Important To You, Steppe Cement (LON:STCM) Presents An Opportunity
Nov 23Here's Why I Think Steppe Cement (LON:STCM) Is An Interesting Stock
Apr 22Shareholders Would Enjoy A Repeat Of Steppe Cement's (LON:STCM) Recent Growth In Returns
Jan 05Do Steppe Cement's (LON:STCM) Earnings Warrant Your Attention?
Sep 01Steppe Cement (LON:STCM) Will Pay A Smaller Dividend Than Last Year
Jul 11Is Steppe Cement (LON:STCM) The Next Multi-Bagger?
Mar 10Is Steppe Cement Ltd. (LON:STCM) The Right Choice For A Smart Dividend Investor?
Feb 18Steppe Cement (LON:STCM) Has Gifted Shareholders With A Fantastic 220% Total Return On Their Investment
Feb 03Do Insiders Own Lots Of Shares In Steppe Cement Ltd. (LON:STCM)?
Jan 19Are Steppe Cement's (LON:STCM) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 22Steppe Cement (LON:STCM): Are Investors Overlooking Returns On Capital?
Dec 07Steppe Cement Ltd.'s (LON:STCM) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Nov 20Financial Position Analysis
Short Term Liabilities: STCM's short term assets ($41.6M) exceed its short term liabilities ($16.0M).
Long Term Liabilities: STCM's short term assets ($41.6M) exceed its long term liabilities ($10.4M).
Debt to Equity History and Analysis
Debt Level: STCM's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: STCM's debt to equity ratio has reduced from 32.3% to 10.4% over the past 5 years.
Debt Coverage: STCM's debt is well covered by operating cash flow (163.9%).
Interest Coverage: STCM's interest payments on its debt are well covered by EBIT (56.5x coverage).