Steel Exchange India Balance Sheet Health
Financial Health criteria checks 5/6
Steel Exchange India has a total shareholder equity of ₹6.0B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are ₹11.8B and ₹5.8B respectively. Steel Exchange India's EBIT is ₹755.9M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹227.1M.
Key information
53.6%
Debt to equity ratio
₹3.22b
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₹227.05m |
| Equity | ₹6.01b |
| Total liabilities | ₹5.82b |
| Total assets | ₹11.82b |
Recent financial health updates
Steel Exchange India (NSE:STEELXIND) Has A Pretty Healthy Balance Sheet
Jan 04
Steel Exchange India (NSE:STEELXIND) Has A Somewhat Strained Balance Sheet
Aug 04Steel Exchange India (NSE:STEELXIND) Seems To Use Debt Quite Sensibly
Jul 28Here's Why Steel Exchange India (NSE:STEELXIND) Has A Meaningful Debt Burden
Mar 30Is Steel Exchange India (NSE:STEELXIND) Using Too Much Debt?
Dec 09
Recent updates
Investors Still Aren't Entirely Convinced By Steel Exchange India Limited's (NSE:STEELXIND) Revenues Despite 26% Price Jump
Feb 19There's Been No Shortage Of Growth Recently For Steel Exchange India's (NSE:STEELXIND) Returns On Capital
Feb 01Further Upside For Steel Exchange India Limited (NSE:STEELXIND) Shares Could Introduce Price Risks After 36% Bounce
Jan 05Do Steel Exchange India's (NSE:STEELXIND) Earnings Warrant Your Attention?
May 25Steel Exchange India (NSE:STEELXIND) Is Looking To Continue Growing Its Returns On Capital
Apr 07We Ran A Stock Scan For Earnings Growth And Steel Exchange India (NSE:STEELXIND) Passed With Ease
Feb 17Steel Exchange India (NSE:STEELXIND) Has A Pretty Healthy Balance Sheet
Jan 04There's Been No Shortage Of Growth Recently For Steel Exchange India's (NSE:STEELXIND) Returns On Capital
Dec 15Steel Exchange India (NSE:STEELXIND) Is Looking To Continue Growing Its Returns On Capital
Sep 03Steel Exchange India (NSE:STEELXIND) Has A Somewhat Strained Balance Sheet
Aug 04Steel Exchange India (NSE:STEELXIND) Is Doing The Right Things To Multiply Its Share Price
May 31A Look At The Intrinsic Value Of Steel Exchange India Limited (NSE:STEELXIND)
Nov 04Steel Exchange India (NSE:STEELXIND) Seems To Use Debt Quite Sensibly
Jul 28Steel Exchange India Limited (NSE:STEELXIND) Stock Catapults 28% Though Its Price And Business Still Lag The Market
Jul 03Steel Exchange India's (NSE:STEELXIND) Returns Have Hit A Wall
Jun 11Here's Why Steel Exchange India (NSE:STEELXIND) Has A Meaningful Debt Burden
Mar 30Is Steel Exchange India Limited's (NSE:STEELXIND) 74% ROE Better Than Average?
Feb 22How Should Investors Feel About Steel Exchange India's (NSE:STEELXIND) CEO Remuneration?
Jan 25Are Steel Exchange India's (NSE:STEELXIND) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 04Is Steel Exchange India (NSE:STEELXIND) Using Too Much Debt?
Dec 09Can Steel Exchange India Limited (NSE:STEELXIND) Maintain Its Strong Returns?
Nov 13Does Steel Exchange India's (NSE:STEELXIND) CEO Salary Compare Well With The Performance Of The Company?
Sep 21Is Steel Exchange India Limited's (NSE:STEELXIND) ROE Of 41% Impressive?
Aug 04Financial Position Analysis
Short Term Liabilities: STEELXIND's short term assets (₹5.2B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: STEELXIND's short term assets (₹5.2B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: STEELXIND's net debt to equity ratio (49.8%) is considered high.
Reducing Debt: STEELXIND's debt to equity ratio has reduced from 618.3% to 53.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable STEELXIND has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: STEELXIND is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17% per year.