Sunflag Iron and Steel Balance Sheet Health
Financial Health criteria checks 5/6
Sunflag Iron and Steel has a total shareholder equity of ₹47.4B and total debt of ₹8.3B, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ₹64.7B and ₹17.3B respectively. Sunflag Iron and Steel's EBIT is ₹2.9B making its interest coverage ratio 3.9. It has cash and short-term investments of ₹804.7M.
Key information
17.5%
Debt to equity ratio
₹8.30b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹804.70m |
| Equity | ₹47.43b |
| Total liabilities | ₹17.27b |
| Total assets | ₹64.70b |
Recent financial health updates
Is Sunflag Iron and Steel (NSE:SUNFLAG) Using Too Much Debt?
Dec 20
Is Sunflag Iron and Steel (NSE:SUNFLAG) A Risky Investment?
Aug 03Is Sunflag Iron and Steel (NSE:SUNFLAG) Using Too Much Debt?
Dec 20Is Sunflag Iron and Steel (NSE:SUNFLAG) Using Too Much Debt?
Mar 03Sunflag Iron and Steel (NSE:SUNFLAG) Has A Somewhat Strained Balance Sheet
Nov 13Does Sunflag Iron and Steel (NSE:SUNFLAG) Have A Healthy Balance Sheet?
Aug 10Recent updates
Returns On Capital At Sunflag Iron and Steel (NSE:SUNFLAG) Paint A Concerning Picture
Jan 18Is Sunflag Iron and Steel (NSE:SUNFLAG) Using Too Much Debt?
Dec 20Shareholders May Be More Conservative With Sunflag Iron and Steel Company Limited's (NSE:SUNFLAG) CEO Compensation For Now
Sep 15Is Sunflag Iron and Steel (NSE:SUNFLAG) A Risky Investment?
Aug 03Here's Why We Think Sunflag Iron and Steel (NSE:SUNFLAG) Might Deserve Your Attention Today
May 31Sunflag Iron and Steel (NSE:SUNFLAG) Will Be Hoping To Turn Its Returns On Capital Around
Feb 10Is Sunflag Iron and Steel (NSE:SUNFLAG) Using Too Much Debt?
Dec 20Increases to Sunflag Iron and Steel Company Limited's (NSE:SUNFLAG) CEO Compensation Might Cool off for now
Sep 22Sunflag Iron and Steel (NSE:SUNFLAG) May Have Issues Allocating Its Capital
Aug 19Here's Why I Think Sunflag Iron and Steel (NSE:SUNFLAG) Is An Interesting Stock
May 12The Returns At Sunflag Iron and Steel (NSE:SUNFLAG) Aren't Growing
Apr 21Sunflag Iron and Steel (NSE:SUNFLAG) Has More To Do To Multiply In Value Going Forward
Jan 19Sunflag Iron and Steel's (NSE:SUNFLAG) Earnings Are Of Questionable Quality
Nov 19A Look At The Intrinsic Value Of Sunflag Iron and Steel Company Limited (NSE:SUNFLAG)
Aug 24Sunflag Iron and Steel (NSE:SUNFLAG) May Have Issues Allocating Its Capital
May 13Have Insiders Sold Sunflag Iron and Steel Company Limited (NSE:SUNFLAG) Shares Recently?
Mar 06Is Sunflag Iron and Steel (NSE:SUNFLAG) Using Too Much Debt?
Mar 03Did Sunflag Iron and Steel Company Limited (NSE:SUNFLAG) Insiders Sell Shares?
Feb 16The Trends At Sunflag Iron and Steel (NSE:SUNFLAG) That You Should Know About
Feb 01
Sunflag Iron and Steel Company Limited's (NSE:SUNFLAG) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Jan 11What Kind Of Shareholders Hold The Majority In Sunflag Iron and Steel Company Limited's (NSE:SUNFLAG) Shares?
Dec 24Did Business Growth Power Sunflag Iron and Steel's (NSE:SUNFLAG) Share Price Gain of 172%?
Dec 03Sunflag Iron and Steel (NSE:SUNFLAG) Has A Somewhat Strained Balance Sheet
Nov 13The Returns At Sunflag Iron and Steel (NSE:SUNFLAG) Provide Us With Signs Of What's To Come
Oct 21Sunflag Iron and Steel Company Limited (NSE:SUNFLAG) Insiders Increased Their Holdings
Sep 21Shareholders Are Thrilled That The Sunflag Iron and Steel (NSE:SUNFLAG) Share Price Increased 135%
Aug 31Does Sunflag Iron and Steel (NSE:SUNFLAG) Have A Healthy Balance Sheet?
Aug 10Is Sunflag Iron and Steel (NSE:SUNFLAG) Using Too Much Debt?
Aug 10Take Care Before Diving Into The Deep End On Sunflag Iron and Steel Company Limited (NSE:SUNFLAG)
Jul 20Has Sunflag Iron and Steel (NSE:SUNFLAG) Got What It Takes To Become A Multi-Bagger?
Jun 29Financial Position Analysis
Short Term Liabilities: SUNFLAG's short term assets (₹13.8B) exceed its short term liabilities (₹9.0B).
Long Term Liabilities: SUNFLAG's short term assets (₹13.8B) exceed its long term liabilities (₹8.2B).
Debt to Equity History and Analysis
Debt Level: SUNFLAG's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: SUNFLAG's debt to equity ratio has reduced from 38.1% to 17.5% over the past 5 years.
Debt Coverage: SUNFLAG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SUNFLAG's interest payments on its debt are well covered by EBIT (3.9x coverage).