Star Cement Balance Sheet Health
Financial Health criteria checks 4/6
Star Cement has a total shareholder equity of ₹27.1B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ₹36.0B and ₹8.9B respectively. Star Cement's EBIT is ₹5.9B making its interest coverage ratio 36.5. It has cash and short-term investments of ₹973.4M.
Key information
5.4%
Debt to equity ratio
₹1.47b
Debt
| Interest coverage ratio | 36.5x |
| Cash | ₹973.42m |
| Equity | ₹27.10b |
| Total liabilities | ₹8.92b |
| Total assets | ₹36.02b |
Recent financial health updates
Is Star Cement (NSE:STARCEMENT) Using Too Much Debt?
Sep 12
These 4 Measures Indicate That Star Cement (NSE:STARCEMENT) Is Using Debt Safely
Sep 27Recent updates
Is Star Cement (NSE:STARCEMENT) Using Too Much Debt?
Sep 12Is There An Opportunity With Star Cement Limited's (NSE:STARCEMENT) 45% Undervaluation?
Aug 08Here's Why We Think Star Cement (NSE:STARCEMENT) Might Deserve Your Attention Today
Jun 26Concerns Surrounding Star Cement's (NSE:STARCEMENT) Performance
May 30Investors Could Be Concerned With Star Cement's (NSE:STARCEMENT) Returns On Capital
Apr 16Is Now The Time To Put Star Cement (NSE:STARCEMENT) On Your Watchlist?
Mar 14There Are Reasons To Feel Uneasy About Star Cement's (NSE:STARCEMENT) Returns On Capital
Nov 09Estimating The Fair Value Of Star Cement Limited (NSE:STARCEMENT)
Oct 24These 4 Measures Indicate That Star Cement (NSE:STARCEMENT) Is Using Debt Safely
Sep 27Star Cement (NSE:STARCEMENT) Might Be Having Difficulty Using Its Capital Effectively
Aug 05We Think Shareholders May Consider Being More Generous With Star Cement Limited's (NSE:STARCEMENT) CEO Compensation Package
Sep 23Star Cement's (NSE:STARCEMENT) Soft Earnings Are Actually Better Than They Appear
Jun 16Returns On Capital At Star Cement (NSE:STARCEMENT) Have Hit The Brakes
Jun 02Is Star Cement Limited's (NSE:STARCEMENT) Recent Stock Performance Influenced By Its Financials In Any Way?
Mar 16Is Star Cement (NSE:STARCEMENT) Likely To Turn Things Around?
Feb 08Estimating The Fair Value Of Star Cement Limited (NSE:STARCEMENT)
Jan 25What Percentage Of Star Cement Limited (NSE:STARCEMENT) Shares Do Insiders Own?
Jan 11Need To Know: Star Cement Limited (NSE:STARCEMENT) Insiders Have Been Buying Shares
Dec 28
How Much Is Star Cement Limited (NSE:STARCEMENT) CEO Getting Paid?
Dec 15Star Cement Limited's (NSE:STARCEMENT) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Nov 23The Case For Star Cement Limited (NSE:STARCEMENT): Could It Be A Nice Addition To Your Dividend Portfolio?
Nov 10Has Star Cement (NSE:STARCEMENT) Got What It Takes To Become A Multi-Bagger?
Oct 27Financial Position Analysis
Short Term Liabilities: STARCEMENT's short term assets (₹7.7B) do not cover its short term liabilities (₹7.8B).
Long Term Liabilities: STARCEMENT's short term assets (₹7.7B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: STARCEMENT's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: STARCEMENT's debt to equity ratio has increased from 2.9% to 5.4% over the past 5 years.
Debt Coverage: STARCEMENT's debt is well covered by operating cash flow (333.3%).
Interest Coverage: STARCEMENT's interest payments on its debt are well covered by EBIT (36.5x coverage).