MSP Steel & Power Balance Sheet Health
Financial Health criteria checks 4/6
MSP Steel & Power has a total shareholder equity of ₹5.8B and total debt of ₹7.4B, which brings its debt-to-equity ratio to 127.2%. Its total assets and total liabilities are ₹15.5B and ₹9.7B respectively. MSP Steel & Power's EBIT is ₹796.1M making its interest coverage ratio 1. It has cash and short-term investments of ₹195.3M.
Key information
127.2%
Debt to equity ratio
₹7.37b
Debt
| Interest coverage ratio | 1x |
| Cash | ₹195.32m |
| Equity | ₹5.80b |
| Total liabilities | ₹9.75b |
| Total assets | ₹15.55b |
Recent financial health updates
These 4 Measures Indicate That MSP Steel & Power (NSE:MSPL) Is Using Debt Reasonably Well
Jul 31
These 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 29Is MSP Steel & Power (NSE:MSPL) A Risky Investment?
Aug 02Recent updates
MSP 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 (₹6.8B) exceed its short term liabilities (₹5.1B).
Long Term Liabilities: MSPL's short term assets (₹6.8B) exceed its long term liabilities (₹4.7B).
Debt to Equity History and Analysis
Debt Level: MSPL's net debt to equity ratio (123.8%) is considered high.
Reducing Debt: MSPL's debt to equity ratio has reduced from 141.3% to 127.2% over the past 5 years.
Debt Coverage: MSPL's debt is well covered by operating cash flow (25.9%).
Interest Coverage: MSPL's interest payments on its debt are not well covered by EBIT (1x coverage).