Spectrum Electrical Industries Balance Sheet Health
Financial Health criteria checks 5/6
Spectrum Electrical Industries has a total shareholder equity of ₹1.8B and total debt of ₹921.3M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are ₹3.3B and ₹1.5B respectively. Spectrum Electrical Industries's EBIT is ₹398.5M making its interest coverage ratio 4. It has cash and short-term investments of ₹281.8M.
Key information
51.4%
Debt to equity ratio
₹921.35m
Debt
| Interest coverage ratio | 4x |
| Cash | ₹281.84m |
| Equity | ₹1.79b |
| Total liabilities | ₹1.46b |
| Total assets | ₹3.25b |
Recent financial health updates
Recent updates
There's Reason For Concern Over Spectrum Electrical Industries Limited's (NSE:SPECTRUM) Massive 31% Price Jump
Dec 15
Spectrum Electrical Industries' (NSE:SPECTRUM) Promising Earnings May Rest On Soft Foundations
Nov 20Returns On Capital Are A Standout For Spectrum Electrical Industries (NSE:SPECTRUM)
Nov 15Spectrum Electrical Industries Limited's (NSE:SPECTRUM) Shares May Have Run Too Fast Too Soon
Aug 23Here's Why Spectrum Electrical Industries (NSE:SPECTRUM) Has Caught The Eye Of Investors
Jun 28Is Spectrum Electrical Industries (NSE:SPECTRUM) Using Too Much Debt?
Jun 10What Spectrum Electrical Industries Limited's (NSE:SPECTRUM) 37% Share Price Gain Is Not Telling You
May 23Spectrum Electrical Industries (NSE:SPECTRUM) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 21Investors Met With Slowing Returns on Capital At Spectrum Electrical Industries (NSE:SPECTRUM)
May 04Do Spectrum Electrical Industries' (NSE:SPECTRUM) Earnings Warrant Your Attention?
Mar 27Spectrum Electrical Industries Limited's (NSE:SPECTRUM) 31% Price Boost Is Out Of Tune With Revenues
Feb 06Optimistic Investors Push Spectrum Electrical Industries Limited (NSE:SPECTRUM) Shares Up 27% But Growth Is Lacking
Dec 18Do Spectrum Electrical Industries' (NSE:SPECTRUM) Earnings Warrant Your Attention?
Nov 02Should You Be Adding Spectrum Electrical Industries (NSE:SPECTRUM) To Your Watchlist Today?
Jul 28Spectrum Electrical Industries' (NSE:SPECTRUM) Returns On Capital Not Reflecting Well On The Business
Feb 09We Ran A Stock Scan For Earnings Growth And Spectrum Electrical Industries (NSE:SPECTRUM) Passed With Ease
Aug 31Here's Why I Think Spectrum Electrical Industries (NSE:SPECTRUM) Might Deserve Your Attention Today
Apr 08Returns On Capital Are Showing Encouraging Signs At Spectrum Electrical Industries (NSE:SPECTRUM)
Feb 02Investors Don't See Light At End Of Spectrum Electrical Industries Limited's (NSE:SPECTRUM) Tunnel
Sep 29What Can The Trends At Spectrum Electrical Industries (NSE:SPECTRUM) Tell Us About Their Returns?
Mar 10Financial Position Analysis
Short Term Liabilities: SPECTRUM's short term assets (₹2.0B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: SPECTRUM's short term assets (₹2.0B) exceed its long term liabilities (₹219.3M).
Debt to Equity History and Analysis
Debt Level: SPECTRUM's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: SPECTRUM's debt to equity ratio has reduced from 79.7% to 51.4% over the past 5 years.
Debt Coverage: SPECTRUM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SPECTRUM's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/18 23:20 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Spectrum Electrical Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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