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

Recent updates

The Sterlite Technologies Limited (NSE:STLTECH) Analysts Have Been Trimming Their Sales Forecasts

May 11

Market Participants Recognise Sterlite Technologies Limited's (NSE:STLTECH) Earnings Pushing Shares 25% Higher

Apr 30

Sterlite Technologies (NSE:STLTECH) Will Be Looking To Turn Around Its Returns

Feb 27

Is Sterlite Technologies (NSE:STLTECH) Using Too Much Debt?

Nov 17

Downgrade: Here's How Analysts See Sterlite Technologies Limited (NSE:STLTECH) Performing In The Near Term

Oct 28

Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?

May 23

Capital Allocation Trends At Sterlite Technologies (NSE:STLTECH) Aren't Ideal

Mar 01

We Think Sterlite Technologies (NSE:STLTECH) Has A Fair Chunk Of Debt

Jan 18

Is There Now An Opportunity In Sterlite Technologies Limited (NSE:STLTECH)?

Dec 14

Estimating The Fair Value Of Sterlite Technologies Limited (NSE:STLTECH)

Sep 30

Sterlite Technologies' (NSE:STLTECH) Dividend Will Be Reduced To ₹0.50

Aug 09

Sterlite Technologies (NSE:STLTECH) Has Announced That Its Dividend Will Be Reduced To ₹0.50

Jul 26

Returns On Capital Signal Tricky Times Ahead For Sterlite Technologies (NSE:STLTECH)

Jun 15

Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?

Apr 28

Calculating The Intrinsic Value Of Sterlite Technologies Limited (NSE:STLTECH)

Mar 22

Here's Why Sterlite Technologies (NSE:STLTECH) Has A Meaningful Debt Burden

Feb 17

Financial 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).

Sterlite Technologies Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Is Sterlite Technologies (NSE:STLTECH) Using Too Much Debt?

We Think Sterlite Technologies (NSE:STLTECH) Has A Fair Chunk Of Debt

Here's Why Sterlite Technologies (NSE:STLTECH) Has A Meaningful Debt Burden

Recent updates

Sterlite Technologies Limited Announces Management Changes

Second quarter 2025 earnings released: ₹0.26 loss per share (vs ₹0.68 profit in 2Q 2024)

Sterlite Technologies Limited Announces Cessation of Sandip Das as Independent Director

Sterlite Technologies Limited to Report Q2, 2025 Results on Oct 30, 2024

Insider recently sold ₹2.0m worth of stock

Sterlite Technologies Limited Showcases Its 288 Fibre Microcable with 180-Micron Fibre At Connected Britain 2024

Sterlite Technologies Limited Unveils Advanced High-Density Optical Fibre Cables At Fibre Connect 2024

Sterlite Technologies Limited to Report Q1, 2025 Results on Jul 30, 2024

Sterlite Technologies Limited to Report Q1, 2025 Results on Jul 30, 2024

Full year 2024 earnings: EPS and revenues miss analyst expectations

Sterlite Technologies Limited, Annual General Meeting, Jul 29, 2024

Sterlite Technologies Limited, Annual General Meeting, Jul 29, 2024

The Sterlite Technologies Limited (NSE:STLTECH) Analysts Have Been Trimming Their Sales Forecasts

New minor risk - Share price stability

Sterlite Technologies Limited Recommends No Dividend for the Financial Year Ended March 31, 2024

Now 23% undervalued after recent price drop

Market Participants Recognise Sterlite Technologies Limited's (NSE:STLTECH) Earnings Pushing Shares 25% Higher

Sterlite Technologies Limited to Report Q4, 2024 Results on May 08, 2024

Third quarter 2024 earnings released: ₹1.23 loss per share (vs ₹1.93 profit in 3Q 2023)

Now 23% undervalued after recent price drop

New minor risk - Shareholder dilution

Sterlite Technologies Limited has filed a Follow-on Equity Offering.

Investor sentiment improves as stock rises 16%

Sterlite Technologies (NSE:STLTECH) Will Be Looking To Turn Around Its Returns

Sterlite Technologies Limited completed the acquisition Clearcomm Group Limited.

Sterlite Technologies Limited completed the acquisition Clearcomm Group Limited.

Insufficient new directors

Price target decreased by 12% to ₹156

Sterlite Technologies Limited to Report Q3, 2024 Results on Jan 25, 2024

Sterlite Technologies Limited Announces Board Appointments

Is Sterlite Technologies (NSE:STLTECH) Using Too Much Debt?

Investor sentiment improves as stock rises 15%

Second quarter 2024 earnings released: EPS: ₹0.71 (vs ₹1.11 in 2Q 2023)

Downgrade: Here's How Analysts See Sterlite Technologies Limited (NSE:STLTECH) Performing In The Near Term

Investor sentiment deteriorates as stock falls 18%

Sterlite Technologies Limited to Report Q2, 2024 Results on Oct 26, 2023

Sterlite Technologies Limited Launches Alnnov

Sterlite Technologies Limited Formally Announces the Launch of its Manufacturing Facility in Lugoff, South Carolina - The Palmetto Plant

Sterlite Technologies Limited Announces Executive Changes

Upcoming dividend of ₹1.00 per share at 0.7% yield

Price target decreased by 13% to ₹185

Full year 2023 earnings: EPS and revenues miss analyst expectations

Sterlite Technologies Limited Proposes Dividend for the Financial Year Ended March 31, 2023

Sterlite Technologies Limited, Annual General Meeting, Aug 11, 2023

Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?

Sterlite Technologies Limited Recommends Final Dividend for the Year 2022-23

Full year 2023 earnings: EPS and revenues miss analyst expectations

Sterlite Technologies Limited to Report Q4, 2023 Results on May 17, 2023

Capital Allocation Trends At Sterlite Technologies (NSE:STLTECH) Aren't Ideal

ZephyrTel, Inc. signed an agreement to acquire Elitecore Technologies Sdn. Bhd and Sterlite Technologies DMCC and Elitecore Technologies from Sterlite Technologies Limited (BSE:532374) for $15 million.

Third quarter 2023 earnings released: EPS: ₹1.96 (vs ₹3.53 loss in 3Q 2022)

We Think Sterlite Technologies (NSE:STLTECH) Has A Fair Chunk Of Debt

Sterlite Technologies Limited to Report Q3, 2023 Results on Jan 27, 2023

Now 23% undervalued after recent price drop

Sterlite Technologies Limited (BSE:532374) completed the acquisition of a 25% stake in Jiangsu Sterlite & Tongguang Optical Fibers Co., Ltd. from Jiangsu Tongguang Information Co. Ltd.

Is There Now An Opportunity In Sterlite Technologies Limited (NSE:STLTECH)?

Sterlite Technologies Limited Appoints Tushar Shroff as the Chief Financial Officer

Sterlite Technologies Limited (BSE:532374) completed the acquisition of a 25% stake in Jiangsu Sterlite & Tongguang Optical Fibers Co., Ltd. from Jiangsu Tongguang Information Co. Ltd.

Second quarter 2023 earnings released: EPS: ₹1.11 (vs ₹2.55 in 2Q 2022)

Sterlite Technologies Limited to Report Q2, 2023 Results on Nov 04, 2022

Estimating The Fair Value Of Sterlite Technologies Limited (NSE:STLTECH)

Sterlite Technologies Limited Announces Resignation of Mr. Mihir Modi as Chief Financial Officer (Cfo), Effect from Close of Business Hours of October 14, 2022

Sterlite Technologies Limited Appoints Ashwini Bakshi as Chief Sales Officer

Sterlite Technologies Limited Approves Dividend for the Financial Year Ended March 31, 2022

Upcoming dividend of ₹0.50 per share

Sterlite Technologies' (NSE:STLTECH) Dividend Will Be Reduced To ₹0.50

Sterlite Technologies Limited Launches Comprehensive Optical Suite for India's 5G Readiness

First quarter 2023 earnings released: ₹0.51 loss per share (vs ₹2.89 profit in 1Q 2022)

Sterlite Technologies (NSE:STLTECH) Has Announced That Its Dividend Will Be Reduced To ₹0.50

Sterlite Technologies Limited, Annual General Meeting, Aug 26, 2022

Sterlite Technologies Limited to Report Q1, 2023 Results on Jul 25, 2022

Sterlite Technologies Limited (BSE:532374) signed the definitive agreement to acquire remaining 25% stake in Jiangsu Sterlite Tongguang Fiber Co. Ltd. from Jiangsu Tongguang Information Co. Ltd. for CNY 55.7 million.