Tata Steel Long Products Balance Sheet Health
Financial Health criteria checks 3/6
Tata Steel Long Products has a total shareholder equity of ₹6.7B and total debt of ₹146.8B, which brings its debt-to-equity ratio to 2198.3%. Its total assets and total liabilities are ₹215.9B and ₹209.2B respectively.
Key information
2,198.3%
Debt to equity ratio
₹146.80b
Debt
Interest coverage ratio | n/a |
Cash | ₹18.68b |
Equity | ₹6.68b |
Total liabilities | ₹209.19b |
Total assets | ₹215.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513010's short term assets (₹47.7B) exceed its short term liabilities (₹38.4B).
Long Term Liabilities: 513010's short term assets (₹47.7B) do not cover its long term liabilities (₹170.8B).
Debt to Equity History and Analysis
Debt Level: 513010's net debt to equity ratio (1918.6%) is considered high.
Reducing Debt: 513010's debt to equity ratio has increased from 0% to 2198.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 513010 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 513010 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 9% each year