Steel Strips Infrastructures Balance Sheet Health
Financial Health criteria checks 1/6
Steel Strips Infrastructures has a total shareholder equity of ₹872.9M and total debt of ₹149.2M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are ₹1.0B and ₹154.7M respectively.
Key information
17.1%
Debt to equity ratio
₹149.24m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.43m |
| Equity | ₹872.86m |
| Total liabilities | ₹154.67m |
| Total assets | ₹1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513173's short term assets (₹107.5M) do not cover its short term liabilities (₹157.3M).
Long Term Liabilities: 513173's short term assets (₹107.5M) do not cover its long term liabilities (₹-2.7M).
Debt to Equity History and Analysis
Debt Level: 513173's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: 513173's debt to equity ratio has increased from 13.9% to 17.1% over the past 5 years.
Debt Coverage: 513173's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: Insufficient data to determine if 513173's interest payments on its debt are well covered by EBIT.