Spectra Systems Balance Sheet Health
Financial Health criteria checks 5/6
Spectra Systems has a total shareholder equity of $32.1M and total debt of $6.1M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are $60.1M and $28.0M respectively. Spectra Systems's EBIT is $7.2M making its interest coverage ratio -19. It has cash and short-term investments of $13.3M.
Key information
19.1%
Debt to equity ratio
US$6.14m
Debt
| Interest coverage ratio | -19x |
| Cash | US$13.25m |
| Equity | US$32.11m |
| Total liabilities | US$27.98m |
| Total assets | US$60.10m |
Recent financial health updates
No updates
Recent updates
Spectra Systems (LON:SPSC) Shareholders Will Want The ROCE Trajectory To Continue
Jul 10
What To Know Before Buying Spectra Systems Corporation (LON:SPSC) For Its Dividend
Apr 09Does Spectra Systems (LON:SPSC) Deserve A Spot On Your Watchlist?
Mar 23Is There More Growth In Store For Spectra Systems' (LON:SPSC) Returns On Capital?
Mar 02Spectra Systems (LON:SPSC) Has Rewarded Shareholders With An Exceptional 967% Total Return On Their Investment
Feb 12Spectra Systems Corporation's (LON:SPSC) Been Flat But Financials Look Strong: Can The Market Catch Up?
Jan 28
Here's What Spectra Systems Corporation's (LON:SPSC) Shareholder Ownership Structure Looks Like
Jan 13How Much Did Spectra Systems' (LON:SPSC) CEO Pocket Last Year?
Dec 29With EPS Growth And More, Spectra Systems (LON:SPSC) Is Interesting
Dec 15Key Things To Watch Out For If You Are After Spectra Systems Corporation's (LON:SPSC) 2.9% Dividend
Dec 02What Can The Trends At Spectra Systems (LON:SPSC) Tell Us About Their Returns?
Nov 17Financial Position Analysis
Short Term Liabilities: SPSC's short term assets ($26.1M) exceed its short term liabilities ($11.8M).
Long Term Liabilities: SPSC's short term assets ($26.1M) exceed its long term liabilities ($16.2M).
Debt to Equity History and Analysis
Debt Level: SPSC has more cash than its total debt.
Reducing Debt: SPSC's debt to equity ratio has increased from 0% to 19.1% over the past 5 years.
Debt Coverage: SPSC's debt is well covered by operating cash flow (122.5%).
Interest Coverage: SPSC earns more interest than it pays, so coverage of interest payments is not a concern.