Beekay Steel Industries Balance Sheet Health
Financial Health criteria checks 6/6
Beekay Steel Industries has a total shareholder equity of ₹8.9B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are ₹12.2B and ₹3.3B respectively. Beekay Steel Industries's EBIT is ₹1.2B making its interest coverage ratio 12.4. It has cash and short-term investments of ₹1.6B.
Key information
29.4%
Debt to equity ratio
₹2.62b
Debt
Interest coverage ratio | 12.4x |
Cash | ₹1.61b |
Equity | ₹8.92b |
Total liabilities | ₹3.28b |
Total assets | ₹12.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539018's short term assets (₹6.3B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 539018's short term assets (₹6.3B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 539018's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: 539018's debt to equity ratio has reduced from 36.2% to 29.4% over the past 5 years.
Debt Coverage: 539018's debt is well covered by operating cash flow (59.5%).
Interest Coverage: 539018's interest payments on its debt are well covered by EBIT (12.4x coverage).