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Nova Iron & Steel Ltd

NSE: NOVAIRNSTL BSE: 513566

₹12.15

(4.20%)

Sun, 23 Aug 2026, 11:18 pm

Nova Iron & Steel Debt to Equity Ratio

Particulars201020112012201320142015201620172018201920202021202220232024
Price to earnings ratio0009.900016.6210.7128.31000000.32
Price to book ratio4.843.261.552.261.011.031.620.830.58000000
Price to sales ratio1.400.230.932.495.651.570.801.244.880.170.070.050.040.150.11
Price to cash flow ratio74.5603.530.9003.641.60000.901.3701.4901.36
Enterprise value190Cr87.8Cr174Cr146Cr200Cr217Cr240Cr264Cr356Cr338Cr335Cr361Cr358Cr482Cr295Cr
Enterprise value to EBITDA ratio00000188.4222.9431.071230043.2122.8913.78187.9529.53
Debt to equity ratio0.012.583.282.5568.097.498.1211.22000000
Return on equity %0-60.56-18.3925.74-6.74-16.9610.228.162.09-130000000

Nova Iron & Steel Ltd Debt to Equity Ratio

The Nova Iron & Steel Ltd Debt to Equity Ratio is a key financial metric used by investors to evaluate Nova Iron & Steel Ltd's valuation, profitability, and overall financial performance. Tracking the Nova Iron & Steel Ltd Debt to Equity Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.

Nova Iron & Steel Ltd (NSE: NOVAIRNSTL, BSE: 513566) is currently trading at ₹12.15, with a market capitalization of ₹43.87Cr. As a leading company in the Non-energy minerals sector and Steel industry, monitoring the Nova Iron & Steel Ltd Debt to Equity Ratio is essential for fundamental analysis.

Nova Iron & Steel Ltd Debt to Equity Ratio Current Value

The current Nova Iron & Steel Ltd Debt to Equity Ratio stands at 0.

The Nova Iron & Steel Ltd Debt to Equity Ratio remains stable, indicating consistent financial performance.

Nova Iron & Steel Ltd Debt to Equity Ratio Historical Trend

The Nova Iron & Steel Ltd Debt to Equity Ratio has shown the following historical trend:

  • 2024: 0
  • 2023: 0
  • 2022: 0
  • 2021: 0
  • 2020: 0

The decline in Nova Iron & Steel Ltd Debt to Equity Ratio indicates improving financial efficiency or better earnings growth.

What Nova Iron & Steel Ltd Debt to Equity Ratio Indicates for Investors

The Nova Iron & Steel Ltd Debt to Equity Ratio plays a crucial role in understanding the company's financial health and valuation.

The D/E ratio measures financial leverage and balance sheet strength.

Nova Iron & Steel Ltd Debt to Equity Ratio Analysis Summary

The Nova Iron & Steel Ltd Debt to Equity Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Nova Iron & Steel Ltd Debt to Equity Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.

Regular tracking of Nova Iron & Steel Ltd Debt to Equity Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.

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