Olympic Steel, Inc.

NasdaqGS:ZEUS Stock Report

Market Cap: US$429.3m

Olympic Steel Balance Sheet Health

Financial Health criteria checks 6/6

Olympic Steel has a total shareholder equity of $569.5M and total debt of $209.2M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are $1.0B and $436.8M respectively. Olympic Steel's EBIT is $68.7M making its interest coverage ratio 4.3. It has cash and short-term investments of $9.4M.

Key information

36.7%

Debt to equity ratio

US$209.19m

Debt

Interest coverage ratio4.3x
CashUS$9.44m
EquityUS$569.45m
Total liabilitiesUS$436.84m
Total assetsUS$1.01b

Recent financial health updates

Recent updates

The Return Trends At Olympic Steel (NASDAQ:ZEUS) Look Promising

Jul 18
The Return Trends At Olympic Steel (NASDAQ:ZEUS) Look Promising

Olympic Steel, Inc.'s (NASDAQ:ZEUS) Business Is Yet to Catch Up With Its Share Price

May 01
Olympic Steel, Inc.'s (NASDAQ:ZEUS) Business Is Yet to Catch Up With Its Share Price

Olympic Steel (NASDAQ:ZEUS) Is Increasing Its Dividend To $0.15

Feb 27
Olympic Steel (NASDAQ:ZEUS) Is Increasing Its Dividend To $0.15

Here's What To Make Of Olympic Steel's (NASDAQ:ZEUS) Decelerating Rates Of Return

Dec 20
Here's What To Make Of Olympic Steel's (NASDAQ:ZEUS) Decelerating Rates Of Return

We Think Olympic Steel (NASDAQ:ZEUS) Is Taking Some Risk With Its Debt

Sep 29
We Think Olympic Steel (NASDAQ:ZEUS) Is Taking Some Risk With Its Debt

Olympic Steel (NASDAQ:ZEUS) Is Very Good At Capital Allocation

Dec 13
Olympic Steel (NASDAQ:ZEUS) Is Very Good At Capital Allocation

Do Olympic Steel's (NASDAQ:ZEUS) Earnings Warrant Your Attention?

Nov 22
Do Olympic Steel's (NASDAQ:ZEUS) Earnings Warrant Your Attention?

Is Olympic Steel (NASDAQ:ZEUS) A Risky Investment?

Sep 27
Is Olympic Steel (NASDAQ:ZEUS) A Risky Investment?

Olympic Steel goes ex-dividend tomorrow

Aug 30

Olympic Steel: Deep Value Alert, Trading Below Liquidation Value

Aug 05

Olympic Steel: Cyclical Stock Surrounded By High Systemic Risks

Jul 21

We Ran A Stock Scan For Earnings Growth And Olympic Steel (NASDAQ:ZEUS) Passed With Ease

Jul 19
We Ran A Stock Scan For Earnings Growth And Olympic Steel (NASDAQ:ZEUS) Passed With Ease

These 4 Measures Indicate That Olympic Steel (NASDAQ:ZEUS) Is Using Debt Reasonably Well

May 28
These 4 Measures Indicate That Olympic Steel (NASDAQ:ZEUS) Is Using Debt Reasonably Well

Olympic Steel: Riding The Metals Boom

Apr 25

The Trend Of High Returns At Olympic Steel (NASDAQ:ZEUS) Has Us Very Interested

Feb 28
The Trend Of High Returns At Olympic Steel (NASDAQ:ZEUS) Has Us Very Interested

These 4 Measures Indicate That Olympic Steel (NASDAQ:ZEUS) Is Using Debt Extensively

Dec 27
These 4 Measures Indicate That Olympic Steel (NASDAQ:ZEUS) Is Using Debt Extensively

Olympic Steel (NASDAQ:ZEUS) Is Looking To Continue Growing Its Returns On Capital

Nov 16
Olympic Steel (NASDAQ:ZEUS) Is Looking To Continue Growing Its Returns On Capital

Olympic Steel - Not Creating Shareholder Value

Oct 12

Olympic Steel Prospering On Recovery Demand, But Normalization Could Whipsaw Investors

Aug 11

Financial Position Analysis

Short Term Liabilities: ZEUS's short term assets ($623.1M) exceed its short term liabilities ($165.3M).

Long Term Liabilities: ZEUS's short term assets ($623.1M) exceed its long term liabilities ($271.5M).


Debt to Equity History and Analysis

Debt Level: ZEUS's net debt to equity ratio (35.1%) is considered satisfactory.

Reducing Debt: ZEUS's debt to equity ratio has reduced from 85.8% to 36.7% over the past 5 years.

Debt Coverage: ZEUS's debt is well covered by operating cash flow (43.2%).

Interest Coverage: ZEUS's interest payments on its debt are well covered by EBIT (4.3x coverage).


Balance Sheet


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