Wednesday, July 6, 2022
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home Commodities

Commodity boom helps metal companies strengthen balance sheets

MtR by MtR
June 9, 2021
in Commodities
0
Commodity boom helps metal companies strengthen balance sheets

Related articles

New Dry Bulk Commodity Analytics Company Launched

July 5, 2022

US, China discuss global economy, commodity prices, food security

July 5, 2022


Metal companies’ balance sheets have improved significantly — debt levels have fallen and leverage ratios have improved.

Synopsis

Total net debt of the top six metal companies including Tata Steel, JSW Steel, Vedanta, Hindalco, Jindal Steel and Power and SAIL fell by Rs 80,000 core year-on-year to Rs 2.5 lakh crore in FY21.

ET INTELLIGENCE GROUP: Once struggling with high debt burden and low earnings due to volatile demand, Indian metal companies have seen their fortunes change over the past year. With rising global prices and improving demand scenario, their balance sheets have improved significantly — debt levels have fallen and leverage ratios have improved. The net debt of these companies relative to operating profit before depreciation and amortisation

BY

ET Bureau

3 mins read, Last Updated:

Jun 09, 2021, 09:56 PM IST

  • GIFT ARTICLE
  • FONT SIZE

    AbcSmall

    AbcMedium

    AbcLarge

  • SAVE
  • PRINT
  • COMMENT

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Choose Payment Mode & Plan

Introductory Offer

₹99 for 2 months

Then ₹2,499 for 1 year (₹208 per month)

You can cancel your subscription anytime

Yearly

₹2499

15 Days Trial

₹399/month

Monthly
PLAN

Billed Amount ₹399

₹399

₹208/month

(Save 49%)

Yearly
PLAN

Billed Amount ₹2,499

15
Days Trial
+Includes DocuBay and TimesPrime Membership.

₹399

₹150/month

(Save 63%)

2-Year
PLAN

Billed Amount ₹3,599

15
Days Trial
+Includes DocuBay and TimesPrime Membership.

Already a Member? Sign In now

NEW ON ET PRIME

Comprehensive and In-depth Reports on 4,000+ Stocks, updated daily

Subscribe Now

NEW ON ET PRIME

Comprehensive and In-depth Reports on 4,000+ Stocks, updated daily

Subscribe Now

NEW ON ET PRIME

Comprehensive and In-depth Reports on 4,000+ Stocks, updated daily

Subscribe Now

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise



Source link

Related Posts

New Dry Bulk Commodity Analytics Company Launched

by MtR
July 5, 2022
0

DBX, a new dry bulk commodity analytics firm based in London, officially launched earlier this year having successfully completed Signal...

US, China discuss global economy, commodity prices, food security

by MtR
July 5, 2022
0

ANKARAUS Treasury Secretary Janet Yellen held a virtual meeting with China's Vice Premier Liu He to discuss the global economy,...

Commodities Week Ahead: Oil, Gold To Swing On Recession Talk, Jobs Data

by MtR
July 5, 2022
0

Deepening worries about a recession could weigh on the demand outlook for this week, despite tight supply concerns and the...

Infographic: China’s explosive EV growth to stay on track

by MtR
July 5, 2022
0

China has made adoption of electric vehicles a cornerstone of decarbonizing its transport sector. Despite headwinds such as removal of...

King Salman Approves $5.32bn To Help Citizens Affected By Rise In Global Commodity Prices – Eurasia Review

by MtR
July 5, 2022
0

Saudi Arabia’s King Salman on Monday issued a royal order approving allocation of SR20 billion ($5.32 billion) to help citizens...

Load More
  • Trending
  • Comments
  • Latest

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021

Tips for checking smoke alarms during daylight saving time

March 12, 2022

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021
Fed tapering and emerging markets

Fed tapering and emerging markets

June 7, 2021
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0

Live news updates: Rishi Sunak says ‘standards are worth fighting for’

July 6, 2022

Short Interest in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) Expands By 18.2%

July 6, 2022

Fight or flight? What rising interest rates, inflation and volatile markets mean for investors

July 5, 2022

MercadoLibre Stock Will Outperform eBay Stock In Long Run

July 5, 2022

Recent News

Live news updates: Rishi Sunak says ‘standards are worth fighting for’

July 6, 2022

Short Interest in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) Expands By 18.2%

July 6, 2022

Fight or flight? What rising interest rates, inflation and volatile markets mean for investors

July 5, 2022

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter