S.A.L. Steel Balance Sheet Health
Financial Health criteria checks 4/6
S.A.L. Steel has a total shareholder equity of ₹452.6M and total debt of ₹1.3B, which brings its debt-to-equity ratio to 276.2%. Its total assets and total liabilities are ₹3.1B and ₹2.7B respectively. S.A.L. Steel's EBIT is ₹131.2M making its interest coverage ratio 1. It has cash and short-term investments of ₹9.6M.
Key information
276.2%
Debt to equity ratio
₹1.25b
Debt
| Interest coverage ratio | 1x |
| Cash | ₹9.60m |
| Equity | ₹452.60m |
| Total liabilities | ₹2.66b |
| Total assets | ₹3.12b |
Recent financial health updates
These 4 Measures Indicate That S.A.L. Steel (NSE:SALSTEEL) Is Using Debt Extensively
Sep 10
S.A.L. Steel (NSE:SALSTEEL) Has A Pretty Healthy Balance Sheet
Feb 07Is S.A.L. Steel (NSE:SALSTEEL) Using Too Much Debt?
Jul 26Does S.A.L. Steel (NSE:SALSTEEL) Have A Healthy Balance Sheet?
Feb 22These 4 Measures Indicate That S.A.L. Steel (NSE:SALSTEEL) Is Using Debt Extensively
Mar 29Is S.A.L. Steel (NSE:SALSTEEL) A Risky Investment?
Dec 10Recent updates
Estimating The Intrinsic Value Of S.A.L. Steel Limited (NSE:SALSTEEL)
Nov 07These 4 Measures Indicate That S.A.L. Steel (NSE:SALSTEEL) Is Using Debt Extensively
Sep 10S.A.L. Steel Limited's (NSE:SALSTEEL) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Sep 10A Piece Of The Puzzle Missing From S.A.L. Steel Limited's (NSE:SALSTEEL) 26% Share Price Climb
Jul 05S.A.L. Steel Limited (NSE:SALSTEEL) Might Not Be As Mispriced As It Looks After Plunging 27%
Mar 08S.A.L. Steel (NSE:SALSTEEL) Has A Pretty Healthy Balance Sheet
Feb 07Market Cool On S.A.L. Steel Limited's (NSE:SALSTEEL) Revenues
Dec 20S.A.L. Steel (NSE:SALSTEEL) Is Doing The Right Things To Multiply Its Share Price
Nov 22Is S.A.L. Steel (NSE:SALSTEEL) Using Too Much Debt?
Jul 26Does S.A.L. Steel (NSE:SALSTEEL) Have A Healthy Balance Sheet?
Feb 22Returns On Capital Are Showing Encouraging Signs At S.A.L. Steel (NSE:SALSTEEL)
Jan 13These 4 Measures Indicate That S.A.L. Steel (NSE:SALSTEEL) Is Using Debt Extensively
Mar 29A Look At The Fair Value Of S.A.L. Steel Limited (NSE:SALSTEEL)
Feb 15Is S.A.L. Steel (NSE:SALSTEEL) A Risky Investment?
Dec 10Calculating The Fair Value Of S.A.L. Steel Limited (NSE:SALSTEEL)
Aug 19Is S.A.L. Steel (NSE:SALSTEEL) A Risky Investment?
Jul 03Will The ROCE Trend At S.A.L. Steel (NSE:SALSTEEL) Continue?
Jan 07Is S.A.L. Steel (NSE:SALSTEEL) Using Debt In A Risky Way?
Nov 16We Think S.A.L. Steel (NSE:SALSTEEL) Is Taking Some Risk With Its Debt
Aug 03
Financial Position Analysis
Short Term Liabilities: SALSTEEL's short term assets (₹1.6B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: SALSTEEL's short term assets (₹1.6B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: SALSTEEL's net debt to equity ratio (274.1%) is considered high.
Reducing Debt: SALSTEEL's debt to equity ratio has reduced from 1275.4% to 276.2% over the past 5 years.
Debt Coverage: SALSTEEL's debt is well covered by operating cash flow (25.2%).
Interest Coverage: SALSTEEL's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 01:09 |
| End of Day Share Price | 2025/01/02 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
S.A.L. Steel Limited is covered by 0 analysts. 0 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 |
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