Star Cement Balance Sheet Health
Financial Health criteria checks 4/6
Star Cement has a total shareholder equity of ₹27.5B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are ₹38.2B and ₹10.7B respectively. Star Cement's EBIT is ₹3.1B making its interest coverage ratio -197.2. It has cash and short-term investments of ₹232.3M.
Key information
13.2%
Debt to equity ratio
₹3.62b
Debt
| Interest coverage ratio | -197.2x |
| Cash | ₹232.30m |
| Equity | ₹27.46b |
| Total liabilities | ₹10.70b |
| Total assets | ₹38.16b |
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
We Like Star Cement's (NSE:STARCEMENT) Returns And Here's How They're Trending
Oct 23Is 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 23Financial Position Analysis
Short Term Liabilities: STARCEMENT's short term assets (₹8.0B) do not cover its short term liabilities (₹8.4B).
Long Term Liabilities: STARCEMENT's short term assets (₹8.0B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: STARCEMENT's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: STARCEMENT's debt to equity ratio has increased from 1.2% to 13.2% over the past 5 years.
Debt Coverage: STARCEMENT's debt is well covered by operating cash flow (109.9%).
Interest Coverage: STARCEMENT earns more interest than it pays, so coverage of interest payments is not a concern.