Star Cement Balance Sheet Health
Financial Health criteria checks 4/6
Star Cement has a total shareholder equity of ₹27.5B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are ₹38.2B and ₹10.7B respectively. Star Cement's EBIT is ₹3.1B making its interest coverage ratio -197.2. It has cash and short-term investments of ₹232.3M.
Key information
13.2%
Debt to equity ratio
₹3.62b
Debt
| Interest coverage ratio | -197.2x |
| Cash | ₹232.30m |
| Equity | ₹27.46b |
| Total liabilities | ₹10.70b |
| Total assets | ₹38.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540575's short term assets (₹8.0B) do not cover its short term liabilities (₹8.4B).
Long Term Liabilities: 540575's short term assets (₹8.0B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: 540575's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: 540575's debt to equity ratio has increased from 1.2% to 13.2% over the past 5 years.
Debt Coverage: 540575's debt is well covered by operating cash flow (109.9%).
Interest Coverage: 540575 earns more interest than it pays, so coverage of interest payments is not a concern.