Sparta Balance Sheet Health
Financial Health criteria checks 3/6
Sparta has a total shareholder equity of €137.3M and total debt of €5.9M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are €181.0M and €43.6M respectively.
Key information
4.3%
Debt to equity ratio
€5.90m
Debt
Interest coverage ratio | n/a |
Cash | €528.37k |
Equity | €137.34m |
Total liabilities | €43.62m |
Total assets | €180.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPT6's short term assets (€16.1M) exceed its short term liabilities (€5.9M).
Long Term Liabilities: SPT6's short term assets (€16.1M) do not cover its long term liabilities (€37.7M).
Debt to Equity History and Analysis
Debt Level: SPT6's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: SPT6's debt to equity ratio has reduced from 30.6% to 4.3% over the past 5 years.
Debt Coverage: Insufficient data to determine if SPT6's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if SPT6's interest payments on its debt are well covered by EBIT.