Novolipetsk Steel Balance Sheet Health
Financial Health criteria checks 4/6
Novolipetsk Steel has a total shareholder equity of $6.4B and total debt of $3.4B, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are $12.2B and $5.7B respectively. Novolipetsk Steel's EBIT is $6.6B making its interest coverage ratio 135.5. It has cash and short-term investments of $800.0M.
Key information
52.7%
Debt to equity ratio
US$3.39b
Debt
| Interest coverage ratio | 135.5x |
| Cash | US$800.00m |
| Equity | US$6.44b |
| Total liabilities | US$5.72b |
| Total assets | US$12.16b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: NLMK's short term assets ($5.4B) exceed its short term liabilities ($3.3B).
Long Term Liabilities: NLMK's short term assets ($5.4B) exceed its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: NLMK's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: NLMK's debt to equity ratio has increased from 35.9% to 52.7% over the past 5 years.
Debt Coverage: NLMK's debt is well covered by operating cash flow (133.1%).
Interest Coverage: NLMK's interest payments on its debt are well covered by EBIT (135.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/11/22 00:34 |
| End of Day Share Price | 2022/08/25 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Public Joint Stock Company "Novolipetsk Steel" is covered by 25 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Boris Krasnozhenov | Alfa Bank |
| Andrey Lobazov | Aton LLC |
| Vladimir Sergievskii | Barclays |