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Tata Steel Long Products Balance Sheet Health
Financial Health criteria checks 3/6
Tata Steel Long Products has a total shareholder equity of ₹6.7B and total debt of ₹146.8B, which brings its debt-to-equity ratio to 2198.3%. Its total assets and total liabilities are ₹215.9B and ₹209.2B respectively.
Key information
2,198.27%
Debt to equity ratio
₹146.80b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹18.68b |
| Equity | ₹6.68b |
| Total liabilities | ₹209.19b |
| Total assets | ₹215.87b |
Recent financial health updates
These 4 Measures Indicate That Tata Steel Long Products (NSE:TATASTLLP) Is Using Debt Extensively
Mar 16
Here's Why Tata Steel Long Products (NSE:TATASTLLP) Has A Meaningful Debt Burden
Dec 14
Is Tata Steel Long Products (NSE:TATASTLLP) Using Too Much Debt?
Aug 21Recent updates
The Return Trends At Tata Steel Long Products (NSE:TATASTLLP) Look Promising
May 17Tata Steel Long Products' (NSE:TATASTLLP) Performance Is Even Better Than Its Earnings Suggest
Apr 26These 4 Measures Indicate That Tata Steel Long Products (NSE:TATASTLLP) Is Using Debt Extensively
Mar 16Based On Its ROE, Is Tata Steel Long Products Limited (NSE:TATASTLLP) A High Quality Stock?
Feb 22Does Tata Steel Long Products (NSE:TATASTLLP) Have The Makings Of A Multi-Bagger?
Feb 01Did You Participate In Any Of Tata Steel Long Products' (NSE:TATASTLLP) Respectable 90% Return?
Jan 11Here's Why Tata Steel Long Products (NSE:TATASTLLP) Has A Meaningful Debt Burden
Dec 14What Kind Of Shareholders Hold The Majority In Tata Steel Long Products Limited's (NSE:TATASTLLP) Shares?
Nov 16We're Watching These Trends At Tata Steel Long Products (NSE:TATASTLLP)
Oct 21Tata Steel Long Products' (NSE:TATASTLLP) Stock Price Has Reduced 61% In The Past Three Years
Sep 24Is Tata Steel Long Products (NSE:TATASTLLP) Using Too Much Debt?
Aug 21What Is The Ownership Structure Like For Tata Steel Long Products Limited (NSE:TATASTLLP)?
Jul 13Financial Position Analysis
Short Term Liabilities: TATASTLLP's short term assets (₹47.7B) exceed its short term liabilities (₹38.4B).
Long Term Liabilities: TATASTLLP's short term assets (₹47.7B) do not cover its long term liabilities (₹170.8B).
Debt to Equity History and Analysis
Debt Level: TATASTLLP's net debt to equity ratio (1918.6%) is considered high.
Reducing Debt: TATASTLLP's debt to equity ratio has increased from 0% to 2198.3% 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: TATASTLLP has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TATASTLLP has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 9% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/18 18:49 |
| End of Day Share Price | 2023/11/16 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2023/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Tata Steel Long Products Limited is covered by 8 analysts. 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 |
|---|---|
| Shareen Batatawala | Angel Broking Private Limited |
| Abhisar Jain | Centrum Broking Limited |
| Anil Burra | FirstCall Research |