Revenue GrowthSustained top-line growth over multiple years indicates expanding end-market demand and effective commercial execution. Durable revenue expansion improves operating leverage potential, provides more cash flow headroom to invest in productivity or deleveraging, and supports recovery of margins if cost structure is managed.
Strong Equity BaseA healthy equity ratio gives balance-sheet resilience against cyclical downturns common in steel, lowering insolvency risk. Strong equity supports borrowing capacity for needed capex or working capital, enables strategic investments, and provides a cushion while profitability is being restored.
Positive Operating Cash FlowConsistent positive operating cash flow shows the core business generates cash despite accounting losses, supporting day-to-day liquidity. This durable cash generation helps fund working capital, service debt, and finance some capex without immediate external financing, improving operational flexibility.