Steel Authority Of India (Steel Authority Of India) Debt-to-Equity

: N/A (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

Steel Authority Of India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Steel Authority Of India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Steel Authority Of India's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Steel Authority Of India's Debt-to-Equity or its related term are showing as below:

SAUKF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.83 Max: 1.3
Current: 0.55

During the past 13 years, the highest Debt-to-Equity Ratio of Steel Authority Of India was 1.30. The lowest was 0.32. And the median was 0.83.

SAUKF's Debt-to-Equity is ranked worse than
60.64% of 559 companies
in the Steel industry
Industry Median: 0.41 vs SAUKF: 0.55

Steel Authority Of India Debt-to-Equity Historical Data

The historical data trend for Steel Authority Of India's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Steel Authority Of India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

1.14

1.30

0.83

0.32

0.56

Steel Authority Of India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.56	N/A	0.55	N/A

Competitive Comparison

For the Steel subindustry, Steel Authority Of India's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Steel Authority Of India Debt-to-Equity Distribution

For the Steel industry and Basic Materials sector, Steel Authority Of India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Steel Authority Of India's Debt-to-Equity falls into.

Steel Authority Of India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Steel Authority Of India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2421.851	+	1318.849)	/	6654.795
	=	0.56

Steel Authority Of India's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	0
	=	N/A

Steel Authority Of India (OTCPK:SAUKF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Steel Authority Of India Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Steel Authority Of India's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Steel Authority Of India (Steel Authority Of India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Steel Authority Of India Ltd (OTCPK:SAUKF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SAIL:India 500113:India

Address

Lodi Road, Ispat Bhawan, New Delhi, IND, 110003

Website

https://www.sail.co.in

Steel Authority Of India Ltd is a steelmaker. The company primarily produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. It generates most of its revenue from the Indian domestic market.