NMDC Steel Balance Sheet Health
Financial Health criteria checks 2/6
NMDC Steel has a total shareholder equity of ₹143.5B and total debt of ₹65.0B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are ₹290.2B and ₹146.7B respectively.
Key information
45.3%
Debt to equity ratio
₹65.03b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹7.29b |
| Equity | ₹143.46b |
| Total liabilities | ₹146.70b |
| Total assets | ₹290.16b |
Financial Position Analysis
Short Term Liabilities: NSLNISP's short term assets (₹65.8B) do not cover its short term liabilities (₹88.5B).
Long Term Liabilities: NSLNISP's short term assets (₹65.8B) exceed its long term liabilities (₹58.2B).
Debt to Equity History and Analysis
Debt Level: NSLNISP's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: NSLNISP's debt to equity ratio has increased from 0% to 45.3% 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: NSLNISP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NSLNISP has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 49.2% each year.