Olympic Steel Balance Sheet Health
Financial Health criteria checks 6/6
Olympic Steel has a total shareholder equity of $570.6M and total debt of $197.3M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are $1.0B and $441.4M respectively. Olympic Steel's EBIT is $55.6M making its interest coverage ratio 3.5. It has cash and short-term investments of $11.1M.
Key information
34.6%
Debt to equity ratio
US$197.28m
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$11.12m |
| Equity | US$570.61m |
| Total liabilities | US$441.40m |
| Total assets | US$1.01b |
Recent financial health updates
We Think Olympic Steel (NASDAQ:ZEUS) Is Taking Some Risk With Its Debt
Sep 29
Is Olympic Steel (NASDAQ:ZEUS) A Risky Investment?
Sep 27These 4 Measures Indicate That Olympic Steel (NASDAQ:ZEUS) Is Using Debt Reasonably Well
May 28These 4 Measures Indicate That Olympic Steel (NASDAQ:ZEUS) Is Using Debt Extensively
Dec 27Recent updates
Olympic Steel: M&A Efforts, Cash Flow, And Capex Could Imply Significant Undervaluation
Oct 08The Return Trends At Olympic Steel (NASDAQ:ZEUS) Look Promising
Jul 18Olympic Steel, Inc.'s (NASDAQ:ZEUS) Business Is Yet to Catch Up With Its Share Price
May 01Olympic Steel (NASDAQ:ZEUS) Is Increasing Its Dividend To $0.15
Feb 27Here's What To Make Of Olympic Steel's (NASDAQ:ZEUS) Decelerating Rates Of Return
Dec 20We Think Olympic Steel (NASDAQ:ZEUS) Is Taking Some Risk With Its Debt
Sep 29Olympic Steel (NASDAQ:ZEUS) Is Very Good At Capital Allocation
Dec 13Do Olympic Steel's (NASDAQ:ZEUS) Earnings Warrant Your Attention?
Nov 22Is Olympic Steel (NASDAQ:ZEUS) A Risky Investment?
Sep 27Olympic Steel goes ex-dividend tomorrow
Aug 30Olympic Steel: Deep Value Alert, Trading Below Liquidation Value
Aug 05Olympic Steel: Cyclical Stock Surrounded By High Systemic Risks
Jul 21We Ran A Stock Scan For Earnings Growth And Olympic Steel (NASDAQ:ZEUS) Passed With Ease
Jul 19These 4 Measures Indicate That Olympic Steel (NASDAQ:ZEUS) Is Using Debt Reasonably Well
May 28Olympic Steel: Riding The Metals Boom
Apr 25The Trend Of High Returns At Olympic Steel (NASDAQ:ZEUS) Has Us Very Interested
Feb 28These 4 Measures Indicate That Olympic Steel (NASDAQ:ZEUS) Is Using Debt Extensively
Dec 27Financial Position Analysis
Short Term Liabilities: ZEUS's short term assets ($622.4M) exceed its short term liabilities ($176.9M).
Long Term Liabilities: ZEUS's short term assets ($622.4M) exceed its long term liabilities ($264.5M).
Debt to Equity History and Analysis
Debt Level: ZEUS's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: ZEUS's debt to equity ratio has reduced from 73.5% to 34.6% over the past 5 years.
Debt Coverage: ZEUS's debt is well covered by operating cash flow (37.1%).
Interest Coverage: ZEUS's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:32 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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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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
Olympic Steel, Inc. is covered by 12 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 |
|---|---|
| Nathan Littlewood | Credit Suisse |
| Timothy Hayes | Davenport & Company |
| Sohail Tharani | Goldman Sachs |