Sterlite Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Sterlite Technologies has a total shareholder equity of ₹29.4B and total debt of ₹26.5B, which brings its debt-to-equity ratio to 90.2%. Its total assets and total liabilities are ₹88.4B and ₹59.0B respectively. Sterlite Technologies's EBIT is ₹550.0M making its interest coverage ratio 0.2. It has cash and short-term investments of ₹4.8B.
Key information
90.2%
Debt to equity ratio
₹26.50b
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₹4.81b |
| Equity | ₹29.38b |
| Total liabilities | ₹59.00b |
| Total assets | ₹88.38b |
Recent financial health updates
Is Sterlite Technologies (NSE:STLTECH) Using Too Much Debt?
Nov 17
We Think Sterlite Technologies (NSE:STLTECH) Has A Fair Chunk Of Debt
Jan 18Recent updates
The Sterlite Technologies Limited (NSE:STLTECH) Analysts Have Been Trimming Their Sales Forecasts
May 11Market Participants Recognise Sterlite Technologies Limited's (NSE:STLTECH) Earnings Pushing Shares 25% Higher
Apr 30Sterlite Technologies (NSE:STLTECH) Will Be Looking To Turn Around Its Returns
Feb 27Is Sterlite Technologies (NSE:STLTECH) Using Too Much Debt?
Nov 17Downgrade: Here's How Analysts See Sterlite Technologies Limited (NSE:STLTECH) Performing In The Near Term
Oct 28Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?
May 23Capital Allocation Trends At Sterlite Technologies (NSE:STLTECH) Aren't Ideal
Mar 01We Think Sterlite Technologies (NSE:STLTECH) Has A Fair Chunk Of Debt
Jan 18Is There Now An Opportunity In Sterlite Technologies Limited (NSE:STLTECH)?
Dec 14Estimating The Fair Value Of Sterlite Technologies Limited (NSE:STLTECH)
Sep 30Sterlite Technologies' (NSE:STLTECH) Dividend Will Be Reduced To ₹0.50
Aug 09Sterlite Technologies (NSE:STLTECH) Has Announced That Its Dividend Will Be Reduced To ₹0.50
Jul 26Returns On Capital Signal Tricky Times Ahead For Sterlite Technologies (NSE:STLTECH)
Jun 15Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?
Apr 28Calculating The Intrinsic Value Of Sterlite Technologies Limited (NSE:STLTECH)
Mar 22Financial Position Analysis
Short Term Liabilities: STLTECH's short term assets (₹52.2B) exceed its short term liabilities (₹49.1B).
Long Term Liabilities: STLTECH's short term assets (₹52.2B) exceed its long term liabilities (₹9.9B).
Debt to Equity History and Analysis
Debt Level: STLTECH's net debt to equity ratio (73.8%) is considered high.
Reducing Debt: STLTECH's debt to equity ratio has increased from 84.3% to 90.2% over the past 5 years.
Debt Coverage: STLTECH's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: STLTECH's interest payments on its debt are not well covered by EBIT (0.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 20:02 |
| 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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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 .
Analyst Sources
Sterlite Technologies Limited is covered by 20 analysts. 2 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 |
|---|---|
| Ashish Agrawal | Almondz Global Securities Ltd |
| Pankaj Kadu | Axis Capital Limited |
| Sushil Sharma | Batlivala & Karani Securities India Pvt. Ltd. |