Steel Authority of India Balance Sheet Health
Financial Health criteria checks 2/6
Steel Authority of India has a total shareholder equity of ₹575.9B and total debt of ₹356.1B, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are ₹1,397.4B and ₹821.5B respectively. Steel Authority of India's EBIT is ₹55.6B making its interest coverage ratio 2.4. It has cash and short-term investments of ₹7.5B.
Key information
61.8%
Debt to equity ratio
₹356.11b
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹7.54b |
| Equity | ₹575.88b |
| Total liabilities | ₹821.54b |
| Total assets | ₹1.40t |
Recent financial health updates
Steel Authority of India (NSE:SAIL) Seems To Be Using A Lot Of Debt
Dec 01
These 4 Measures Indicate That Steel Authority of India (NSE:SAIL) Is Using Debt Extensively
Jun 18Recent updates
Steel Authority of India's (NSE:SAIL) Returns Have Hit A Wall
Dec 19Steel Authority of India (NSE:SAIL) Seems To Be Using A Lot Of Debt
Dec 01Investors Continue Waiting On Sidelines For Steel Authority of India Limited (NSE:SAIL)
Nov 08Steel Authority of India (NSE:SAIL) Has Announced A Dividend Of ₹1.00
Sep 07Returns At Steel Authority of India (NSE:SAIL) Appear To Be Weighed Down
Aug 28There Is A Reason Steel Authority of India Limited's (NSE:SAIL) Price Is Undemanding
Jul 13These 4 Measures Indicate That Steel Authority of India (NSE:SAIL) Is Using Debt Extensively
Jun 18Steel Authority of India's (NSE:SAIL) Solid Earnings Are Supported By Other Strong Factors
May 28Steel Authority of India Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 23Returns At Steel Authority of India (NSE:SAIL) Appear To Be Weighed Down
May 01Steel Authority of India Limited's (NSE:SAIL) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
Apr 13Calculating The Fair Value Of Steel Authority of India Limited (NSE:SAIL)
Mar 04Revenue Miss: Steel Authority of India Limited Fell 15% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Feb 17Steel Authority of India Limited's (NSE:SAIL) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Feb 08Financial Position Analysis
Short Term Liabilities: SAIL's short term assets (₹464.4B) do not cover its short term liabilities (₹525.8B).
Long Term Liabilities: SAIL's short term assets (₹464.4B) exceed its long term liabilities (₹295.7B).
Debt to Equity History and Analysis
Debt Level: SAIL's net debt to equity ratio (60.5%) is considered high.
Reducing Debt: SAIL's debt to equity ratio has reduced from 122.8% to 61.8% over the past 5 years.
Debt Coverage: SAIL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SAIL's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
Steel Authority of India Limited is covered by 69 analysts. 17 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 |
|---|---|
| Nitin Bhasin | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Rahul Dholam | Angel Broking Private Limited |