This company has been acquired
Stelco Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Stelco Holdings has a total shareholder equity of CA$1.3B and total debt of CA$455.0M, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are CA$3.1B and CA$1.7B respectively. Stelco Holdings's EBIT is CA$332.0M making its interest coverage ratio 7.5. It has cash and short-term investments of CA$658.0M.
Key information
33.8%
Debt to equity ratio
CA$455.00m
Debt
| Interest coverage ratio | 7.5x |
| Cash | CA$658.00m |
| Equity | CA$1.35b |
| Total liabilities | CA$1.74b |
| Total assets | CA$3.08b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STZH.F's short term assets (CA$1.7B) exceed its short term liabilities (CA$900.0M).
Long Term Liabilities: STZH.F's short term assets (CA$1.7B) exceed its long term liabilities (CA$838.0M).
Debt to Equity History and Analysis
Debt Level: STZH.F has more cash than its total debt.
Reducing Debt: STZH.F's debt to equity ratio has increased from 28.7% to 33.8% over the past 5 years.
Debt Coverage: STZH.F's debt is well covered by operating cash flow (74.5%).
Interest Coverage: STZH.F's interest payments on its debt are well covered by EBIT (7.5x coverage).