Steel Exchange India Balance Sheet Health
Financial Health criteria checks 3/6
Steel Exchange India has a total shareholder equity of ₹6.7B and total debt of ₹3.8B, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are ₹13.0B and ₹6.2B respectively. Steel Exchange India's EBIT is ₹859.9M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹92.3M.
Key information
56.6%
Debt to equity ratio
₹3.81b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹92.26m |
| Equity | ₹6.72b |
| Total liabilities | ₹6.25b |
| Total assets | ₹12.97b |
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
Investor Optimism Abounds Steel Exchange India Limited (NSE:STEELXIND) But Growth Is Lacking
Jul 26Steel Exchange India (NSE:STEELXIND) Is Experiencing Growth In Returns On Capital
Jun 25We Think That There Are Some Issues For Steel Exchange India (NSE:STEELXIND) Beyond Its Promising Earnings
May 13Investors 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 21Financial Position Analysis
Short Term Liabilities: STEELXIND's short term assets (₹5.6B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: STEELXIND's short term assets (₹5.6B) exceed its long term liabilities (₹2.9B).
Debt to Equity History and Analysis
Debt Level: STEELXIND's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: STEELXIND's debt to equity ratio has reduced from 701% to 56.6% over the past 5 years.
Debt Coverage: STEELXIND's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: STEELXIND's interest payments on its debt are not well covered by EBIT (1.3x coverage).