Beekay Steel Industries Balance Sheet Health
Financial Health criteria checks 6/6
Beekay Steel Industries has a total shareholder equity of ₹10.0B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are ₹13.4B and ₹3.4B respectively. Beekay Steel Industries's EBIT is ₹1.0B making its interest coverage ratio 10. It has cash and short-term investments of ₹817.4M.
Key information
23.8%
Debt to equity ratio
₹2.39b
Debt
| Interest coverage ratio | 10x |
| Cash | ₹817.42m |
| Equity | ₹10.01b |
| Total liabilities | ₹3.43b |
| Total assets | ₹13.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539018's short term assets (₹5.3B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 539018's short term assets (₹5.3B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 539018's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 539018's debt to equity ratio has reduced from 23.9% to 23.8% over the past 5 years.
Debt Coverage: 539018's debt is well covered by operating cash flow (70.3%).
Interest Coverage: 539018's interest payments on its debt are well covered by EBIT (10x coverage).