Shiv Aum Steels Balance Sheet Health
Financial Health criteria checks 4/6
Shiv Aum Steels has a total shareholder equity of ₹1.1B and total debt of ₹691.5M, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are ₹1.8B and ₹771.7M respectively. Shiv Aum Steels's EBIT is ₹199.6M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹59.7M.
Key information
65.1%
Debt to equity ratio
₹691.50m
Debt
Interest coverage ratio | 3.5x |
Cash | ₹59.69m |
Equity | ₹1.06b |
Total liabilities | ₹771.68m |
Total assets | ₹1.83b |
Recent financial health updates
Here's Why Shiv Aum Steels (NSE:SHIVAUM) Can Manage Its Debt Responsibly
Mar 17We Think Shiv Aum Steels (NSE:SHIVAUM) Is Taking Some Risk With Its Debt
Mar 03Shiv Aum Steels (NSE:SHIVAUM) Has A Somewhat Strained Balance Sheet
Nov 25Recent updates
Shiv Aum Steels (NSE:SHIVAUM) Is Very Good At Capital Allocation
May 04We Ran A Stock Scan For Earnings Growth And Shiv Aum Steels (NSE:SHIVAUM) Passed With Ease
Mar 07Here's Why Shiv Aum Steels (NSE:SHIVAUM) Can Manage Its Debt Responsibly
Mar 17Return Trends At Shiv Aum Steels (NSE:SHIVAUM) Aren't Appealing
Feb 12We Think Shiv Aum Steels (NSE:SHIVAUM) Is Taking Some Risk With Its Debt
Mar 03Shiv Aum Steels Limited's (NSE:SHIVAUM) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?
Jan 18Shiv Aum Steels (NSE:SHIVAUM) Has A Somewhat Strained Balance Sheet
Nov 25Financial Position Analysis
Short Term Liabilities: SHIVAUM's short term assets (₹1.7B) exceed its short term liabilities (₹679.3M).
Long Term Liabilities: SHIVAUM's short term assets (₹1.7B) exceed its long term liabilities (₹92.3M).
Debt to Equity History and Analysis
Debt Level: SHIVAUM's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: SHIVAUM's debt to equity ratio has reduced from 164.8% to 65.1% over the past 5 years.
Debt Coverage: SHIVAUM's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: SHIVAUM's interest payments on its debt are well covered by EBIT (3.5x coverage).