Sterlite Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Sterlite Technologies has a total shareholder equity of ₹21.4B and total debt of ₹35.3B, which brings its debt-to-equity ratio to 165.3%. Its total assets and total liabilities are ₹84.5B and ₹63.2B respectively. Sterlite Technologies's EBIT is ₹4.9B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹5.2B.
Key information
165.3%
Debt to equity ratio
₹35.31b
Debt
Interest coverage ratio | 1.7x |
Cash | ₹5.21b |
Equity | ₹21.36b |
Total liabilities | ₹63.18b |
Total assets | ₹84.54b |
Recent financial health updates
Is Sterlite Technologies (NSE:STLTECH) Using Too Much Debt?
Nov 17We Think Sterlite Technologies (NSE:STLTECH) Has A Fair Chunk Of Debt
Jan 18Here's Why Sterlite Technologies (NSE:STLTECH) Has A Meaningful Debt Burden
Feb 17Sterlite Technologies (NSE:STLTECH) Has A Pretty Healthy Balance Sheet
Oct 22Recent updates
Market 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 22Here's Why Sterlite Technologies (NSE:STLTECH) Has A Meaningful Debt Burden
Feb 17Return Trends At Sterlite Technologies (NSE:STLTECH) Aren't Appealing
Jan 19Should You Think About Buying Sterlite Technologies Limited (NSE:STLTECH) Now?
Dec 08Sterlite Technologies (NSE:STLTECH) Has A Pretty Healthy Balance Sheet
Oct 22An Intrinsic Calculation For Sterlite Technologies Limited (NSE:STLTECH) Suggests It's 40% Undervalued
Sep 21Financial Position Analysis
Short Term Liabilities: STLTECH's short term assets (₹48.0B) do not cover its short term liabilities (₹51.2B).
Long Term Liabilities: STLTECH's short term assets (₹48.0B) exceed its long term liabilities (₹12.0B).
Debt to Equity History and Analysis
Debt Level: STLTECH's net debt to equity ratio (140.9%) is considered high.
Reducing Debt: STLTECH's debt to equity ratio has increased from 137.7% to 165.3% over the past 5 years.
Debt Coverage: STLTECH's debt is well covered by operating cash flow (22.4%).
Interest Coverage: STLTECH's interest payments on its debt are not well covered by EBIT (1.7x coverage).