Sterling Tools Balance Sheet Health
Financial Health criteria checks 5/6
Sterling Tools has a total shareholder equity of ₹4.2B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are ₹6.7B and ₹2.6B respectively. Sterling Tools's EBIT is ₹673.5M making its interest coverage ratio 8.9. It has cash and short-term investments of ₹770.7M.
Key information
32.4%
Debt to equity ratio
₹1.36b
Debt
| Interest coverage ratio | 8.9x |
| Cash | ₹770.70m |
| Equity | ₹4.19b |
| Total liabilities | ₹2.55b |
| Total assets | ₹6.74b |
Recent financial health updates
Is Sterling Tools (NSE:STERTOOLS) Using Too Much Debt?
Jan 05
We Think Sterling Tools (NSE:STERTOOLS) Can Stay On Top Of Its Debt
Feb 03These 4 Measures Indicate That Sterling Tools (NSE:STERTOOLS) Is Using Debt Reasonably Well
Jun 06Sterling Tools (NSE:STERTOOLS) Has A Somewhat Strained Balance Sheet
Mar 02Recent updates
Is Sterling Tools (NSE:STERTOOLS) Using Too Much Debt?
Jan 05The Compensation For Sterling Tools Limited's (NSE:STERTOOLS) CEO Looks Deserved And Here's Why
Sep 12Sterling Tools (NSE:STERTOOLS) Has Announced That It Will Be Increasing Its Dividend To ₹2.00
Aug 31Capital Allocation Trends At Sterling Tools (NSE:STERTOOLS) Aren't Ideal
Apr 12Should You Be Adding Sterling Tools (NSE:STERTOOLS) To Your Watchlist Today?
Mar 10We Think Sterling Tools (NSE:STERTOOLS) Can Stay On Top Of Its Debt
Feb 03Investors Could Be Concerned With Sterling Tools' (NSE:STERTOOLS) Returns On Capital
Jan 10Should You Be Adding Sterling Tools (NSE:STERTOOLS) To Your Watchlist Today?
Nov 30We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Sterling Tools Limited's (NSE:STERTOOLS) CEO For Now
Sep 16Sterling Tools (NSE:STERTOOLS) Is Paying Out A Dividend Of ₹1.00
Sep 03These 4 Measures Indicate That Sterling Tools (NSE:STERTOOLS) Is Using Debt Reasonably Well
Jun 06Sterling Tools (NSE:STERTOOLS) Will Want To Turn Around Its Return Trends
May 16Capital Allocation Trends At Sterling Tools (NSE:STERTOOLS) Aren't Ideal
Feb 15Sterling Tools (NSE:STERTOOLS) Might Be Having Difficulty Using Its Capital Effectively
Oct 07Some Investors May Be Worried About Sterling Tools' (NSE:STERTOOLS) Returns On Capital
May 31Did Sterling Tools Limited (NSE:STERTOOLS) Insiders Buy Up More Shares?
Mar 16Sterling Tools (NSE:STERTOOLS) Has A Somewhat Strained Balance Sheet
Mar 02Should We Be Excited About The Trends Of Returns At Sterling Tools (NSE:STERTOOLS)?
Feb 15What Percentage Of Sterling Tools Limited (NSE:STERTOOLS) Shares Do Insiders Own?
Jan 11
Sterling Tools Limited (NSE:STERTOOLS) Is Up But Financials Look Inconsistent: Which Way Is The Stock Headed?
Dec 28Onjali Wadhwa of Sterling Tools Limited (NSE:STERTOOLS) Just Spent ₹199k On Shares
Dec 10If You Had Bought Sterling Tools (NSE:STERTOOLS) Stock Five Years Ago, You Could Pocket A 112% Gain Today
Dec 07Should You Use Sterling Tools's (NSE:STERTOOLS) Statutory Earnings To Analyse It?
Nov 16Sterling Tools Limited (NSE:STERTOOLS) Investors Should Think About This Before Buying It For Its Dividend
Oct 27Should We Be Excited About The Trends Of Returns At Sterling Tools (NSE:STERTOOLS)?
Oct 01Sterling Tools Limited's (NSE:STERTOOLS) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Sep 10Can You Imagine How Jubilant Sterling Tools' (NSE:STERTOOLS) Shareholders Feel About Its 191% Share Price Gain?
Aug 20Should You Take Comfort From Insider Transactions At Sterling Tools Limited (NSE:STERTOOLS)?
Jul 29Sterling Tools Limited's (NSE:STERTOOLS) Business Is Yet to Catch Up With Its Share Price
Jul 09Financial Position Analysis
Short Term Liabilities: STERTOOLS's short term assets (₹3.6B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: STERTOOLS's short term assets (₹3.6B) exceed its long term liabilities (₹647.5M).
Debt to Equity History and Analysis
Debt Level: STERTOOLS's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: STERTOOLS's debt to equity ratio has increased from 30.7% to 32.4% over the past 5 years.
Debt Coverage: STERTOOLS's debt is well covered by operating cash flow (62.5%).
Interest Coverage: STERTOOLS's interest payments on its debt are well covered by EBIT (8.9x coverage).