Tata Steel Balance Sheet Health
Financial Health criteria checks 2/6
Tata Steel has a total shareholder equity of ₹908.0B and total debt of ₹897.2B, which brings its debt-to-equity ratio to 98.8%. Its total assets and total liabilities are ₹2,718.1B and ₹1,810.1B respectively. Tata Steel's EBIT is ₹115.5B making its interest coverage ratio 1.6. It has cash and short-term investments of ₹125.9B.
Key information
98.8%
Debt to equity ratio
₹897.23b
Debt
Interest coverage ratio | 1.6x |
Cash | ₹125.90b |
Equity | ₹908.02b |
Total liabilities | ₹1.81t |
Total assets | ₹2.72t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500470's short term assets (₹749.4B) do not cover its short term liabilities (₹1,025.7B).
Long Term Liabilities: 500470's short term assets (₹749.4B) do not cover its long term liabilities (₹784.4B).
Debt to Equity History and Analysis
Debt Level: 500470's net debt to equity ratio (84.9%) is considered high.
Reducing Debt: 500470's debt to equity ratio has reduced from 170.1% to 98.8% over the past 5 years.
Debt Coverage: 500470's debt is well covered by operating cash flow (25.9%).
Interest Coverage: 500470's interest payments on its debt are not well covered by EBIT (1.6x coverage).