Star Cement Balance Sheet Health
Financial Health criteria checks 6/6
Star Cement has a total shareholder equity of ₹25.5B and total debt of ₹319.5M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₹32.4B and ₹6.9B respectively. Star Cement's EBIT is ₹4.0B making its interest coverage ratio -11.4. It has cash and short-term investments of ₹1.3B.
Key information
1.3%
Debt to equity ratio
₹319.48m
Debt
Interest coverage ratio | -11.4x |
Cash | ₹1.31b |
Equity | ₹25.49b |
Total liabilities | ₹6.86b |
Total assets | ₹32.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540575's short term assets (₹8.0B) exceed its short term liabilities (₹6.6B).
Long Term Liabilities: 540575's short term assets (₹8.0B) exceed its long term liabilities (₹291.5M).
Debt to Equity History and Analysis
Debt Level: 540575 has more cash than its total debt.
Reducing Debt: 540575's debt to equity ratio has reduced from 5.4% to 1.3% over the past 5 years.
Debt Coverage: 540575's debt is well covered by operating cash flow (1273.2%).
Interest Coverage: 540575 earns more interest than it pays, so coverage of interest payments is not a concern.