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 ratio | 4.3x |
| Cash | US$9.44m |
| Equity | US$569.45m |
| Total liabilities | US$436.84m |
| 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
The 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 27Olympic Steel (NASDAQ:ZEUS) Is Looking To Continue Growing Its Returns On Capital
Nov 16Olympic Steel - Not Creating Shareholder Value
Oct 12Olympic Steel Prospering On Recovery Demand, But Normalization Could Whipsaw Investors
Aug 11Financial 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).