Surani Steel Tubes Balance Sheet Health
Financial Health criteria checks 6/6
Surani Steel Tubes has a total shareholder equity of ₹1.0B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.1B and ₹118.7M respectively. Surani Steel Tubes's EBIT is ₹18.2M making its interest coverage ratio -2.4. It has cash and short-term investments of ₹229.9M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -2.4x |
| Cash | ₹229.91m |
| Equity | ₹1.02b |
| Total liabilities | ₹118.70m |
| Total assets | ₹1.13b |
Recent financial health updates
We Think Surani Steel Tubes (NSE:SURANI) Has A Fair Chunk Of Debt
Jun 25
We Think Surani Steel Tubes (NSE:SURANI) Can Stay On Top Of Its Debt
Dec 28Recent updates
Surani Steel Tubes Limited's (NSE:SURANI) 26% Share Price Plunge Could Signal Some Risk
Nov 09Some Surani Steel Tubes Limited (NSE:SURANI) Shareholders Look For Exit As Shares Take 26% Pounding
Aug 15We Think Surani Steel Tubes (NSE:SURANI) Has A Fair Chunk Of Debt
Jun 25After Leaping 36% Surani Steel Tubes Limited (NSE:SURANI) Shares Are Not Flying Under The Radar
Mar 03Market Participants Recognise Surani Steel Tubes Limited's (NSE:SURANI) Revenues Pushing Shares 30% Higher
Jan 18Little Excitement Around Surani Steel Tubes Limited's (NSE:SURANI) Earnings As Shares Take 26% Pounding
Jun 17We Think Surani Steel Tubes (NSE:SURANI) Can Stay On Top Of Its Debt
Dec 28Financial Position Analysis
Short Term Liabilities: SURANI's short term assets (₹1.0B) exceed its short term liabilities (₹111.7M).
Long Term Liabilities: SURANI's short term assets (₹1.0B) exceed its long term liabilities (₹7.0M).
Debt to Equity History and Analysis
Debt Level: SURANI is debt free.
Reducing Debt: SURANI has no debt compared to 5 years ago when its debt to equity ratio was 101.3%.
Debt Coverage: SURANI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SURANI has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Surani Steel Tubes Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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