JSW Steel Balance Sheet Health
Financial Health criteria checks 2/6
JSW Steel has a total shareholder equity of ₹817.6B and total debt of ₹923.6B, which brings its debt-to-equity ratio to 113%. Its total assets and total liabilities are ₹2,331.7B and ₹1,514.1B respectively. JSW Steel's EBIT is ₹159.6B making its interest coverage ratio 2.3. It has cash and short-term investments of ₹92.9B.
Key information
113.0%
Debt to equity ratio
₹923.60b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹92.92b |
| Equity | ₹817.60b |
| Total liabilities | ₹1.51t |
| Total assets | ₹2.33t |
Recent financial health updates
Is JSW Steel (NSE:JSWSTEEL) A Risky Investment?
Nov 26
These 4 Measures Indicate That JSW Steel (NSE:JSWSTEEL) Is Using Debt Reasonably Well
Jul 20These 4 Measures Indicate That JSW Steel (NSE:JSWSTEEL) Is Using Debt Reasonably Well
Mar 29Does JSW Steel (NSE:JSWSTEEL) Have A Healthy Balance Sheet?
Nov 03These 4 Measures Indicate That JSW Steel (NSE:JSWSTEEL) Is Using Debt Extensively
Jan 13JSW Steel (NSE:JSWSTEEL) Has A Somewhat Strained Balance Sheet
Sep 30Recent updates
Is JSW Steel (NSE:JSWSTEEL) A Risky Investment?
Nov 26JSW Steel (NSE:JSWSTEEL) Will Be Hoping To Turn Its Returns On Capital Around
Oct 23JSW Steel Limited (NSE:JSWSTEEL) Might Not Be As Mispriced As It Looks
Sep 14JSW Steel Limited Just Missed Earnings - But Analysts Have Updated Their Models
Jul 22These 4 Measures Indicate That JSW Steel (NSE:JSWSTEEL) Is Using Debt Reasonably Well
Jul 20JSW Steel's (NSE:JSWSTEEL) Upcoming Dividend Will Be Larger Than Last Year's
Jul 03JSW Steel Limited (NSE:JSWSTEEL) Doing What It Can To Lift Shares
May 04Investors Could Be Concerned With JSW Steel's (NSE:JSWSTEEL) Returns On Capital
Apr 16These 4 Measures Indicate That JSW Steel (NSE:JSWSTEEL) Is Using Debt Reasonably Well
Mar 29Is JSW Steel Limited (NSE:JSWSTEEL) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 27JSW Steel Limited Just Recorded A 9.8% EPS Beat: Here's What Analysts Are Forecasting Next
Jan 28JSW Steel (NSE:JSWSTEEL) Might Be Having Difficulty Using Its Capital Effectively
Dec 28Does JSW Steel (NSE:JSWSTEEL) Have A Healthy Balance Sheet?
Nov 03Does This Valuation Of JSW Steel Limited (NSE:JSWSTEEL) Imply Investors Are Overpaying?
Sep 28Investors Could Be Concerned With JSW Steel's (NSE:JSWSTEEL) Returns On Capital
Sep 07JSW Steel (NSE:JSWSTEEL) May Have Issues Allocating Its Capital
Mar 08Is JSW Steel Limited (NSE:JSWSTEEL) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 18These 4 Measures Indicate That JSW Steel (NSE:JSWSTEEL) Is Using Debt Extensively
Jan 13JSW Steel (NSE:JSWSTEEL) Hasn't Managed To Accelerate Its Returns
Nov 23A Look At The Intrinsic Value Of JSW Steel Limited (NSE:JSWSTEEL)
Nov 08JSW Steel (NSE:JSWSTEEL) Has A Somewhat Strained Balance Sheet
Sep 30Is Now The Time To Put JSW Steel (NSE:JSWSTEEL) On Your Watchlist?
Sep 15Returns On Capital Are Showing Encouraging Signs At JSW Steel (NSE:JSWSTEEL)
Jul 30JSW Steel (NSE:JSWSTEEL) Has A Pretty Healthy Balance Sheet
Jun 30JSW Steel (NSE:JSWSTEEL) Is Paying Out A Larger Dividend Than Last Year
Jun 30Calculating The Fair Value Of JSW Steel Limited (NSE:JSWSTEEL)
Jun 16JSW Steel (NSE:JSWSTEEL) Will Pay A Larger Dividend Than Last Year At ₹17.35
Jun 03With EPS Growth And More, JSW Steel (NSE:JSWSTEEL) Is Interesting
May 30We Think JSW Steel (NSE:JSWSTEEL) Might Have The DNA Of A Multi-Bagger
Apr 28Here's Why I Think JSW Steel (NSE:JSWSTEEL) Is An Interesting Stock
Feb 17Here's Why JSW Steel (NSE:JSWSTEEL) Can Manage Its Debt Responsibly
Jan 25Investors Shouldn't Overlook JSW Steel's (NSE:JSWSTEEL) Impressive Returns On Capital
Jan 12Financial Position Analysis
Short Term Liabilities: JSWSTEEL's short term assets (₹626.1B) exceed its short term liabilities (₹587.2B).
Long Term Liabilities: JSWSTEEL's short term assets (₹626.1B) do not cover its long term liabilities (₹926.9B).
Debt to Equity History and Analysis
Debt Level: JSWSTEEL's net debt to equity ratio (101.6%) is considered high.
Reducing Debt: JSWSTEEL's debt to equity ratio has reduced from 113.2% to 113% over the past 5 years.
Debt Coverage: JSWSTEEL's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: JSWSTEEL's interest payments on its debt are not well covered by EBIT (2.3x coverage).