Steel Authority of India Balance Sheet Health
Financial Health criteria checks 4/6
Steel Authority of India has a total shareholder equity of ₹560.2B and total debt of ₹307.1B, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are ₹1,296.1B and ₹735.9B respectively. Steel Authority of India's EBIT is ₹62.8B making its interest coverage ratio 3.3. It has cash and short-term investments of ₹7.7B.
Key information
54.8%
Debt to equity ratio
₹307.14b
Debt
Interest coverage ratio | 3.3x |
Cash | ₹7.65b |
Equity | ₹560.20b |
Total liabilities | ₹735.88b |
Total assets | ₹1.30t |
Recent financial health updates
Steel Authority of India (NSE:SAIL) Has A Somewhat Strained Balance Sheet
Sep 12Steel Authority of India (NSE:SAIL) Has A Somewhat Strained Balance Sheet
Jun 08Here's Why Steel Authority of India (NSE:SAIL) Can Manage Its Debt Responsibly
Jul 16Does Steel Authority of India (NSE:SAIL) Have A Healthy Balance Sheet?
Feb 17Steel Authority of India (NSE:SAIL) Seems To Use Debt Quite Sensibly
Nov 04Does Steel Authority of India (NSE:SAIL) Have A Healthy Balance Sheet?
Jun 29Recent updates
Returns 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 08Steel Authority of India Limited (NSE:SAIL) Held Back By Insufficient Growth Even After Shares Climb 29%
Dec 19Returns On Capital Are Showing Encouraging Signs At Steel Authority of India (NSE:SAIL)
Dec 05Steel Authority of India (NSE:SAIL) Has A Somewhat Strained Balance Sheet
Sep 12Steel Authority of India (NSE:SAIL) Will Be Hoping To Turn Its Returns On Capital Around
Aug 16Steel Authority of India (NSE:SAIL) Has A Somewhat Strained Balance Sheet
Jun 08Returns At Steel Authority of India (NSE:SAIL) Are On The Way Up
May 12Steel Authority of India's (NSE:SAIL) Returns On Capital Are Heading Higher
Feb 09We Like These Underlying Return On Capital Trends At Steel Authority of India (NSE:SAIL)
Nov 10Estimating The Intrinsic Value Of Steel Authority of India Limited (NSE:SAIL)
Oct 15Steel Authority of India (NSE:SAIL) Knows How To Allocate Capital Effectively
Aug 03Here's Why Steel Authority of India (NSE:SAIL) Can Manage Its Debt Responsibly
Jul 16Here's Why We Think Steel Authority of India (NSE:SAIL) Might Deserve Your Attention Today
Jun 28Why We Like The Returns At Steel Authority of India (NSE:SAIL)
Apr 28Are Investors Undervaluing Steel Authority of India Limited (NSE:SAIL) By 44%?
Apr 07Should You Be Adding Steel Authority of India (NSE:SAIL) To Your Watchlist Today?
Mar 06Does Steel Authority of India (NSE:SAIL) Have A Healthy Balance Sheet?
Feb 17We Think Steel Authority of India (NSE:SAIL) Might Have The DNA Of A Multi-Bagger
Jan 09Do Steel Authority of India's (NSE:SAIL) Earnings Warrant Your Attention?
Nov 21Steel Authority of India (NSE:SAIL) Seems To Use Debt Quite Sensibly
Nov 04Steel Authority of India Limited's (NSE:SAIL) Intrinsic Value Is Potentially 55% Above Its Share Price
Sep 30Steel Authority of India (NSE:SAIL) Shareholders Will Want The ROCE Trajectory To Continue
Aug 08I Ran A Stock Scan For Earnings Growth And Steel Authority of India (NSE:SAIL) Passed With Ease
Jul 13Does Steel Authority of India (NSE:SAIL) Have A Healthy Balance Sheet?
Jun 29Need To Know: Analysts Are Much More Bullish On Steel Authority of India Limited (NSE:SAIL)
Jun 16Is There An Opportunity With Steel Authority of India Limited's (NSE:SAIL) 39% Undervaluation?
Jun 14Steel Authority of India (NSE:SAIL) Is Doing The Right Things To Multiply Its Share Price
Apr 05Is Now The Time To Put Steel Authority of India (NSE:SAIL) On Your Watchlist?
Mar 16How Does Steel Authority of India Limited (NSE:SAIL) Fare As A Dividend Stock?
Feb 23The Steel Authority of India (NSE:SAIL) Share Price Is Up 85% And Shareholders Are Holding On
Feb 10Financial Position Analysis
Short Term Liabilities: SAIL's short term assets (₹372.2B) do not cover its short term liabilities (₹449.3B).
Long Term Liabilities: SAIL's short term assets (₹372.2B) exceed its long term liabilities (₹286.6B).
Debt to Equity History and Analysis
Debt Level: SAIL's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: SAIL's debt to equity ratio has reduced from 112.3% to 54.8% over the past 5 years.
Debt Coverage: SAIL's debt is well covered by operating cash flow (32.4%).
Interest Coverage: SAIL's interest payments on its debt are well covered by EBIT (3.3x coverage).