Spirent Communications Balance Sheet Health
Financial Health criteria checks 6/6
Spirent Communications has a total shareholder equity of $375.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $583.8M and $208.0M respectively. Spirent Communications's EBIT is $33.2M making its interest coverage ratio -8.5. It has cash and short-term investments of $108.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -8.5x |
| Cash | US$108.10m |
| Equity | US$375.80m |
| Total liabilities | US$208.00m |
| Total assets | US$583.80m |
Recent financial health updates
Recent updates
There May Be Reason For Hope In Spirent Communications' (LON:SPT) Disappointing Earnings
Mar 14
Why Investors Shouldn't Be Surprised By Spirent Communications plc's (LON:SPT) 51% Share Price Surge
Mar 06Spirent Communications plc's (LON:SPT) Shareholders Might Be Looking For Exit
Jan 17Investors Shouldn't Overlook Spirent Communications' (LON:SPT) Impressive Returns On Capital
Dec 15News Flash: 5 Analysts Think Spirent Communications plc (LON:SPT) Earnings Are Under Threat
Oct 17Are Investors Undervaluing Spirent Communications plc (LON:SPT) By 34%?
Sep 07Why The 23% Return On Capital At Spirent Communications (LON:SPT) Should Have Your Attention
Apr 26Spirent Communications' (LON:SPT) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 10Estimating The Fair Value Of Spirent Communications plc (LON:SPT)
Mar 08Here's Why Spirent Communications (LON:SPT) Has Caught The Eye Of Investors
Jan 16Calculating The Intrinsic Value Of Spirent Communications plc (LON:SPT)
Dec 03Investors Should Be Encouraged By Spirent Communications' (LON:SPT) Returns On Capital
Oct 26Do Spirent Communications' (LON:SPT) Earnings Warrant Your Attention?
Oct 07Is There An Opportunity With Spirent Communications plc's (LON:SPT) 24% Undervaluation?
Aug 27Spirent Communications' (LON:SPT) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 07Calculating The Fair Value Of Spirent Communications plc (LON:SPT)
May 24Spirent Communications (LON:SPT) Is Investing Its Capital With Increasing Efficiency
May 02Estimating The Fair Value Of Spirent Communications plc (LON:SPT)
Jan 23Spirent Communications (LON:SPT) Is Investing Its Capital With Increasing Efficiency
Dec 15Financial Position Analysis
Short Term Liabilities: SPT's short term assets ($287.3M) exceed its short term liabilities ($149.0M).
Long Term Liabilities: SPT's short term assets ($287.3M) exceed its long term liabilities ($59.0M).
Debt to Equity History and Analysis
Debt Level: SPT is debt free.
Reducing Debt: SPT has not had any debt for past 5 years.
Debt Coverage: SPT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPT has no debt, therefore coverage of interest payments is not a concern.