MSP Steel & Power Balance Sheet Health
Financial Health criteria checks 6/6
MSP Steel & Power has a total shareholder equity of ₹9.8B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are ₹15.3B and ₹5.6B respectively. MSP Steel & Power's EBIT is ₹817.0M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹207.6M.
Key information
26.80%
Debt to equity ratio
₹2.62b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹207.63m |
| Equity | ₹9.79b |
| Total liabilities | ₹5.56b |
| Total assets | ₹15.35b |
Recent financial health updates
We Think MSP Steel & Power (NSE:MSPL) Can Stay On Top Of Its Debt
Sep 12
These 4 Measures Indicate That MSP Steel & Power (NSE:MSPL) Is Using Debt Reasonably Well
Jul 31These 4 Measures Indicate That MSP Steel & Power (NSE:MSPL) Is Using Debt Reasonably Well
Mar 13MSP Steel & Power (NSE:MSPL) Use Of Debt Could Be Considered Risky
Jul 26MSP Steel & Power (NSE:MSPL) Has A Somewhat Strained Balance Sheet
Mar 29We Think MSP Steel & Power (NSE:MSPL) Is Taking Some Risk With Its Debt
Dec 29Recent updates
We Think MSP Steel & Power (NSE:MSPL) Can Stay On Top Of Its Debt
Sep 12The Market Doesn't Like What It Sees From MSP Steel & Power Limited's (NSE:MSPL) Revenues Yet
Jul 09MSP Steel & Power Limited's (NSE:MSPL) Shares Bounce 28% But Its Business Still Trails The Industry
Apr 03Estimating The Fair Value Of MSP Steel & Power Limited (NSE:MSPL)
Mar 08Why Investors Shouldn't Be Surprised By MSP Steel & Power Limited's (NSE:MSPL) Low P/S
Feb 13There's Been No Shortage Of Growth Recently For MSP Steel & Power's (NSE:MSPL) Returns On Capital
Jan 10MSP Steel & Power's (NSE:MSPL) Soft Earnings Don't Show The Whole Picture
Nov 22Calculating The Fair Value Of MSP Steel & Power Limited (NSE:MSPL)
Oct 22MSP Steel & Power Limited's (NSE:MSPL) Price Is Right But Growth Is Lacking After Shares Rocket 54%
Sep 18Shareholders Will Likely Find MSP Steel & Power Limited's (NSE:MSPL) CEO Compensation Acceptable
Sep 06MSP Steel & Power Limited (NSE:MSPL) Soars 27% But It's A Story Of Risk Vs Reward
Aug 03These 4 Measures Indicate That MSP Steel & Power (NSE:MSPL) Is Using Debt Reasonably Well
Jul 31These 4 Measures Indicate That MSP Steel & Power (NSE:MSPL) Is Using Debt Reasonably Well
Mar 13MSP Steel & Power (NSE:MSPL) Might Have The Makings Of A Multi-Bagger
Jan 25Returns On Capital Signal Difficult Times Ahead For MSP Steel & Power (NSE:MSPL)
Sep 26MSP Steel & Power (NSE:MSPL) Use Of Debt Could Be Considered Risky
Jul 26MSP Steel & Power (NSE:MSPL) Has Some Difficulty Using Its Capital Effectively
Jun 08MSP Steel & Power (NSE:MSPL) Has A Somewhat Strained Balance Sheet
Mar 29MSP Steel & Power Limited's (NSE:MSPL) Business And Shares Still Trailing The Market
Jun 17MSP Steel & Power (NSE:MSPL) Might Have The Makings Of A Multi-Bagger
Feb 15We Think MSP Steel & Power (NSE:MSPL) Is Taking Some Risk With Its Debt
Dec 29Statutory Profit Doesn't Reflect How Good MSP Steel & Power's (NSE:MSPL) Earnings Are
Nov 23Is MSP Steel & Power (NSE:MSPL) A Risky Investment?
Aug 02Returns At MSP Steel & Power (NSE:MSPL) Are On The Way Up
Jun 14Is MSP Steel & Power (NSE:MSPL) A Future Multi-bagger?
Mar 03MSP Steel & Power (NSE:MSPL) Takes On Some Risk With Its Use Of Debt
Jan 09What Can The Trends At MSP Steel & Power (NSE:MSPL) Tell Us About Their Returns?
Nov 17Is MSP Steel & Power (NSE:MSPL) A Risky Investment?
Sep 15
Will MSP Steel & Power's (NSE:MSPL) Growth In ROCE Persist?
Jul 23Financial Position Analysis
Short Term Liabilities: MSPL's short term assets (₹6.7B) exceed its short term liabilities (₹5.3B).
Long Term Liabilities: MSPL's short term assets (₹6.7B) exceed its long term liabilities (₹212.1M).
Debt to Equity History and Analysis
Debt Level: MSPL's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: MSPL's debt to equity ratio has reduced from 146.8% to 26.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MSPL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MSPL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/14 13:32 |
| End of Day Share Price | 2025/09/12 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
MSP Steel & Power Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | CRISIL Research |