Star Cement Balance Sheet Health
Financial Health criteria checks 4/6
Star Cement has a total shareholder equity of ₹27.1B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ₹36.0B and ₹8.9B respectively. Star Cement's EBIT is ₹5.9B making its interest coverage ratio 36.5. It has cash and short-term investments of ₹973.4M.
Key information
5.4%
Debt to equity ratio
₹1.47b
Debt
| Interest coverage ratio | 36.5x |
| Cash | ₹973.42m |
| Equity | ₹27.10b |
| Total liabilities | ₹8.92b |
| Total assets | ₹36.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540575's short term assets (₹7.7B) do not cover its short term liabilities (₹7.8B).
Long Term Liabilities: 540575's short term assets (₹7.7B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 540575's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: 540575's debt to equity ratio has increased from 2.9% to 5.4% over the past 5 years.
Debt Coverage: 540575's debt is well covered by operating cash flow (333.3%).
Interest Coverage: 540575's interest payments on its debt are well covered by EBIT (36.5x coverage).