Steelcast Balance Sheet Health
Financial Health criteria checks 6/6
Steelcast has a total shareholder equity of ₹2.4B and total debt of ₹44.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.0B and ₹583.6M respectively. Steelcast's EBIT is ₹1.0B making its interest coverage ratio 287.5. It has cash and short-term investments of ₹37.3M.
Key information
0.002%
Debt to equity ratio
₹44.00k
Debt
| Interest coverage ratio | 287.5x |
| Cash | ₹37.30m |
| Equity | ₹2.39b |
| Total liabilities | ₹583.55m |
| Total assets | ₹2.97b |
Recent financial health updates
No updates
Recent updates
Steelcast's (NSE:STEELCAS) Dividend Will Be ₹1.35
Feb 03
We Ran A Stock Scan For Earnings Growth And Steelcast (NSE:STEELCAS) Passed With Ease
Dec 26Steelcast (NSE:STEELCAS) Is Achieving High Returns On Its Capital
Dec 10Steelcast's (NSE:STEELCAS) Earnings Are Of Questionable Quality
May 26Pinning Down Steelcast Limited's (NSE:STEELCAS) P/E Is Difficult Right Now
Apr 01Financial Position Analysis
Short Term Liabilities: STEELCAS's short term assets (₹1.4B) exceed its short term liabilities (₹497.4M).
Long Term Liabilities: STEELCAS's short term assets (₹1.4B) exceed its long term liabilities (₹86.1M).
Debt to Equity History and Analysis
Debt Level: STEELCAS has more cash than its total debt.
Reducing Debt: STEELCAS's debt to equity ratio has reduced from 88.7% to 0% over the past 5 years.
Debt Coverage: STEELCAS's debt is well covered by operating cash flow (2515761.4%).
Interest Coverage: STEELCAS's interest payments on its debt are well covered by EBIT (287.5x coverage).