Tata Steel Balance Sheet Health
Financial Health criteria checks 2/6
Tata Steel has a total shareholder equity of ₹905.1B and total debt of ₹941.1B, which brings its debt-to-equity ratio to 104%. Its total assets and total liabilities are ₹2,808.4B and ₹1,903.3B respectively. Tata Steel's EBIT is ₹150.3B making its interest coverage ratio 2.2. It has cash and short-term investments of ₹104.4B.
Key information
104.0%
Debt to equity ratio
₹941.08b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹104.38b |
| Equity | ₹905.09b |
| Total liabilities | ₹1.90t |
| Total assets | ₹2.81t |
Recent financial health updates
Does Tata Steel (NSE:TATASTEEL) Have A Healthy Balance Sheet?
May 31
Tata Steel (NSE:TATASTEEL) Takes On Some Risk With Its Use Of Debt
Feb 21We Think Tata Steel (NSE:TATASTEEL) Is Taking Some Risk With Its Debt
Nov 05Is Tata Steel (NSE:TATASTEEL) Using Too Much Debt?
Feb 26Is Tata Steel (NSE:TATASTEEL) A Risky Investment?
Jul 06Recent updates
Returns On Capital At Tata Steel (NSE:TATASTEEL) Paint A Concerning Picture
Aug 24Tata Steel Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 02What Tata Steel Limited's (NSE:TATASTEEL) P/S Is Not Telling You
Aug 01Tata Steel Limited's (NSE:TATASTEEL) Intrinsic Value Is Potentially 25% Below Its Share Price
Jul 14Tata Steel (NSE:TATASTEEL) Has Affirmed Its Dividend Of ₹3.60
Jun 19Tata Steel (NSE:TATASTEEL) Is Paying Out A Dividend Of ₹3.60
Jun 05Tata Steel Limited Just Missed Earnings; Here's What Analysts Are Forecasting Now
Jun 02Does Tata Steel (NSE:TATASTEEL) Have A Healthy Balance Sheet?
May 31Tata Steel (NSE:TATASTEEL) Will Be Hoping To Turn Its Returns On Capital Around
May 10There's Reason For Concern Over Tata Steel Limited's (NSE:TATASTEEL) Price
Apr 18Tata Steel (NSE:TATASTEEL) Takes On Some Risk With Its Use Of Debt
Feb 21Does This Valuation Of Tata Steel Limited (NSE:TATASTEEL) Imply Investors Are Overpaying?
Feb 03Here's What's Concerning About Tata Steel's (NSE:TATASTEEL) Returns On Capital
Jan 16Tata Steel Limited (NSE:TATASTEEL) Investors Are Less Pessimistic Than Expected
Dec 29We Think Tata Steel (NSE:TATASTEEL) Is Taking Some Risk With Its Debt
Nov 05Estimating The Fair Value Of Tata Steel Limited (NSE:TATASTEEL)
Oct 18Tata Steel (NSE:TATASTEEL) Could Be Struggling To Allocate Capital
Sep 12Tata Steel's (NSE:TATASTEEL) Dividend Is Being Reduced To ₹3.60
Jun 10Tata Steel (NSE:TATASTEEL) Is Paying Out Less In Dividends Than Last Year
May 27Tata Steel (NSE:TATASTEEL) Is Paying Out Less In Dividends Than Last Year
May 07Return Trends At Tata Steel (NSE:TATASTEEL) Aren't Appealing
Apr 06Is Tata Steel (NSE:TATASTEEL) Using Too Much Debt?
Feb 26Why We Like The Returns At Tata Steel (NSE:TATASTEEL)
Dec 18Tata Steel Limited's (NSE:TATASTEEL) Intrinsic Value Is Potentially 24% Below Its Share Price
Nov 30Tata Steel (NSE:TATASTEEL) Is Achieving High Returns On Its Capital
Aug 17Calculating The Intrinsic Value Of Tata Steel Limited (NSE:TATASTEEL)
Jul 19Is Tata Steel (NSE:TATASTEEL) A Risky Investment?
Jul 06If EPS Growth Is Important To You, Tata Steel (NSE:TATASTEEL) Presents An Opportunity
Jun 23Tata Steel's (NSE:TATASTEEL) Dividend Will Be Increased To ₹51.00
Jun 04Financial Position Analysis
Short Term Liabilities: TATASTEEL's short term assets (₹740.2B) do not cover its short term liabilities (₹919.5B).
Long Term Liabilities: TATASTEEL's short term assets (₹740.2B) do not cover its long term liabilities (₹983.8B).
Debt to Equity History and Analysis
Debt Level: TATASTEEL's net debt to equity ratio (92.4%) is considered high.
Reducing Debt: TATASTEEL's debt to equity ratio has reduced from 136.4% to 104% over the past 5 years.
Debt Coverage: TATASTEEL's debt is well covered by operating cash flow (21.1%).
Interest Coverage: TATASTEEL's interest payments on its debt are not well covered by EBIT (2.2x coverage).