BlueScope Steel Balance Sheet Health
Financial Health criteria checks 6/6
BlueScope Steel has a total shareholder equity of A$11.3B and total debt of A$185.2M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are A$15.7B and A$4.4B respectively. BlueScope Steel's EBIT is A$1.3B making its interest coverage ratio -119.6. It has cash and short-term investments of A$1.1B.
Key information
1.6%
Debt to equity ratio
AU$185.20m
Debt
| Interest coverage ratio | -119.6x |
| Cash | AU$1.09b |
| Equity | AU$11.29b |
| Total liabilities | AU$4.39b |
| Total assets | AU$15.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLSF.Y's short term assets (A$6.1B) exceed its short term liabilities (A$3.1B).
Long Term Liabilities: BLSF.Y's short term assets (A$6.1B) exceed its long term liabilities (A$1.3B).
Debt to Equity History and Analysis
Debt Level: BLSF.Y has more cash than its total debt.
Reducing Debt: BLSF.Y's debt to equity ratio has reduced from 11.3% to 1.6% over the past 5 years.
Debt Coverage: BLSF.Y's debt is well covered by operating cash flow (761.3%).
Interest Coverage: BLSF.Y earns more interest than it pays, so coverage of interest payments is not a concern.