Sterling Tools Balance Sheet Health
Financial Health criteria checks 6/6
Sterling Tools has a total shareholder equity of ₹4.8B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are ₹7.6B and ₹2.8B respectively. Sterling Tools's EBIT is ₹884.6M making its interest coverage ratio 20.3. It has cash and short-term investments of ₹1.1B.
Key information
27.1%
Debt to equity ratio
₹1.30b
Debt
| Interest coverage ratio | 20.3x |
| Cash | ₹1.07b |
| Equity | ₹4.80b |
| Total liabilities | ₹2.84b |
| Total assets | ₹7.64b |
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
Does Sterling Tools (NSE:STERTOOLS) Deserve A Spot On Your Watchlist?
Sep 23Here's Why Shareholders Will Not Be Complaining About Sterling Tools Limited's (NSE:STERTOOLS) CEO Pay Packet
Sep 07Sterling Tools' (NSE:STERTOOLS) Dividend Will Be ₹2.00
Aug 25Sterling Tools Limited's (NSE:STERTOOLS) Shares Leap 39% Yet They're Still Not Telling The Full Story
Aug 20Investors Met With Slowing Returns on Capital At Sterling Tools (NSE:STERTOOLS)
Aug 14Is 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 (₹4.4B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: STERTOOLS's short term assets (₹4.4B) exceed its long term liabilities (₹758.4M).
Debt to Equity History and Analysis
Debt Level: STERTOOLS's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: STERTOOLS's debt to equity ratio has reduced from 29.8% to 27.1% over the past 5 years.
Debt Coverage: STERTOOLS's debt is well covered by operating cash flow (67.4%).
Interest Coverage: STERTOOLS's interest payments on its debt are well covered by EBIT (20.3x coverage).