Steel & Tube Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Steel & Tube Holdings has a total shareholder equity of NZ$207.2M and total debt of NZ$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NZ$350.2M and NZ$143.0M respectively. Steel & Tube Holdings's EBIT is NZ$20.4M making its interest coverage ratio 3.4. It has cash and short-term investments of NZ$26.3M.
Key information
0%
Debt to equity ratio
NZ$0
Debt
| Interest coverage ratio | 3.4x |
| Cash | NZ$26.26m |
| Equity | NZ$207.21m |
| Total liabilities | NZ$142.95m |
| Total assets | NZ$350.16m |
Recent financial health updates
Recent updates
Increases to Steel & Tube Holdings Limited's (NZSE:STU) CEO Compensation Might Cool off for now
Sep 22
Steel & Tube Holdings (NZSE:STU) Is Paying Out Less In Dividends Than Last Year
Aug 28Steel & Tube Holdings' (NZSE:STU) Upcoming Dividend Will Be Larger Than Last Year's
Sep 07Steel & Tube Holdings (NZSE:STU) Is Increasing Its Dividend To NZ$0.0816
Aug 24Steel & Tube Holdings Limited (NZSE:STU) Shares Could Be 32% Below Their Intrinsic Value Estimate
Jun 08Here's Why Shareholders May Want To Be Cautious With Increasing Steel & Tube Holdings Limited's (NZSE:STU) CEO Pay Packet
Sep 23Steel & Tube Holdings' (NZSE:STU) Promising Earnings May Rest On Soft Foundations
Aug 30Is Steel & Tube Holdings (NZSE:STU) Using Debt Sensibly?
Nov 29Financial Position Analysis
Short Term Liabilities: STU's short term assets (NZ$216.2M) exceed its short term liabilities (NZ$61.7M).
Long Term Liabilities: STU's short term assets (NZ$216.2M) exceed its long term liabilities (NZ$81.2M).
Debt to Equity History and Analysis
Debt Level: STU is debt free.
Reducing Debt: STU has no debt compared to 5 years ago when its debt to equity ratio was 9.4%.
Debt Coverage: STU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: STU has no debt, therefore coverage of interest payments is not a concern.