Steel Authority of India Balance Sheet Health
Financial Health criteria checks 2/6
Steel Authority of India has a total shareholder equity of ₹571.0B and total debt of ₹363.2B, which brings its debt-to-equity ratio to 63.6%. Its total assets and total liabilities are ₹1,407.1B and ₹836.1B respectively. Steel Authority of India's EBIT is ₹63.1B making its interest coverage ratio 2.5. It has cash and short-term investments of ₹6.7B.
Key information
63.6%
Debt to equity ratio
₹363.23b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹6.73b |
| Equity | ₹571.01b |
| Total liabilities | ₹836.07b |
| Total assets | ₹1.41t |
Recent financial health updates
These 4 Measures Indicate That Steel Authority of India (NSE:SAIL) Is Using Debt Extensively
Jun 18
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 17Recent updates
Investors 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 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 17Financial Position Analysis
Short Term Liabilities: SAIL's short term assets (₹481.4B) do not cover its short term liabilities (₹534.6B).
Long Term Liabilities: SAIL's short term assets (₹481.4B) exceed its long term liabilities (₹301.4B).
Debt to Equity History and Analysis
Debt Level: SAIL's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: SAIL's debt to equity ratio has reduced from 113.9% to 63.6% over the past 5 years.
Debt Coverage: SAIL's debt is not well covered by operating cash flow (8%).
Interest Coverage: SAIL's interest payments on its debt are not well covered by EBIT (2.5x coverage).