Steelcast Balance Sheet Health
Financial Health criteria checks 6/6
Steelcast has a total shareholder equity of ₹2.4B and total debt of ₹44.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.0B and ₹583.6M respectively. Steelcast's EBIT is ₹1.0B making its interest coverage ratio 287.5. It has cash and short-term investments of ₹37.3M.
Key information
0.002%
Debt to equity ratio
₹44.00k
Debt
Interest coverage ratio | 287.5x |
Cash | ₹37.30m |
Equity | ₹2.39b |
Total liabilities | ₹583.55m |
Total assets | ₹2.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513517's short term assets (₹1.4B) exceed its short term liabilities (₹497.4M).
Long Term Liabilities: 513517's short term assets (₹1.4B) exceed its long term liabilities (₹86.1M).
Debt to Equity History and Analysis
Debt Level: 513517 has more cash than its total debt.
Reducing Debt: 513517's debt to equity ratio has reduced from 88.7% to 0% over the past 5 years.
Debt Coverage: 513517's debt is well covered by operating cash flow (2515761.4%).
Interest Coverage: 513517's interest payments on its debt are well covered by EBIT (287.5x coverage).