S.A.L. Steel Balance Sheet Health
Financial Health criteria checks 5/6
S.A.L. Steel has a total shareholder equity of ₹418.6M and total debt of ₹1.3B, which brings its debt-to-equity ratio to 298.6%. Its total assets and total liabilities are ₹3.0B and ₹2.6B respectively. S.A.L. Steel's EBIT is ₹96.6M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹9.4M.
Key information
298.6%
Debt to equity ratio
₹1.25b
Debt
Interest coverage ratio | 0.8x |
Cash | ₹9.40m |
Equity | ₹418.60m |
Total liabilities | ₹2.62b |
Total assets | ₹3.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532604's short term assets (₹1.7B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 532604's short term assets (₹1.7B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 532604's net debt to equity ratio (296.4%) is considered high.
Reducing Debt: 532604's debt to equity ratio has reduced from 948.1% to 298.6% 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: Whilst unprofitable 532604 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 532604 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.3% per year.