Shiv Aum Steels Balance Sheet Health
Financial Health criteria checks 3/6
Shiv Aum Steels has a total shareholder equity of ₹1.1B and total debt of ₹746.3M, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are ₹2.0B and ₹823.1M respectively. Shiv Aum Steels's EBIT is ₹174.1M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹98.9M.
Key information
65.7%
Debt to equity ratio
₹746.32m
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹98.92m |
| Equity | ₹1.14b |
| Total liabilities | ₹823.09m |
| Total assets | ₹1.96b |
Recent financial health updates
Here's Why Shiv Aum Steels (NSE:SHIVAUM) Can Manage Its Debt Responsibly
Mar 17
We 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 (₹1.9B) exceed its short term liabilities (₹730.8M).
Long Term Liabilities: SHIVAUM's short term assets (₹1.9B) exceed its long term liabilities (₹92.3M).
Debt to Equity History and Analysis
Debt Level: SHIVAUM's net debt to equity ratio (57%) is considered high.
Reducing Debt: SHIVAUM's debt to equity ratio has reduced from 71.9% to 65.7% over the past 5 years.
Debt Coverage: SHIVAUM's debt is not well covered by operating cash flow (9%).
Interest Coverage: SHIVAUM's interest payments on its debt are not well covered by EBIT (2.6x coverage).