MSP Steel & Power Balance Sheet Health
Financial Health criteria checks 2/6
MSP Steel & Power has a total shareholder equity of ₹5.7B and total debt of ₹8.0B, which brings its debt-to-equity ratio to 141.6%. Its total assets and total liabilities are ₹15.9B and ₹10.2B respectively. MSP Steel & Power's EBIT is ₹961.5M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹188.4M.
Key information
141.6%
Debt to equity ratio
₹8.03b
Debt
Interest coverage ratio | 1.3x |
Cash | ₹188.41m |
Equity | ₹5.67b |
Total liabilities | ₹10.18b |
Total assets | ₹15.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532650's short term assets (₹6.8B) exceed its short term liabilities (₹5.1B).
Long Term Liabilities: 532650's short term assets (₹6.8B) exceed its long term liabilities (₹5.1B).
Debt to Equity History and Analysis
Debt Level: 532650's net debt to equity ratio (138.3%) is considered high.
Reducing Debt: 532650's debt to equity ratio has increased from 128.4% to 141.6% over the past 5 years.
Debt Coverage: 532650's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: 532650's interest payments on its debt are not well covered by EBIT (1.3x coverage).