Spenta International Balance Sheet Health
Financial Health criteria checks 4/6
Spenta International has a total shareholder equity of ₹275.3M and total debt of ₹186.1M, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are ₹539.6M and ₹264.2M respectively. Spenta International's EBIT is ₹27.4M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹75.2M.
Key information
67.6%
Debt to equity ratio
₹186.08m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹75.15m |
Equity | ₹275.33m |
Total liabilities | ₹264.23m |
Total assets | ₹539.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526161's short term assets (₹372.3M) exceed its short term liabilities (₹202.3M).
Long Term Liabilities: 526161's short term assets (₹372.3M) exceed its long term liabilities (₹61.9M).
Debt to Equity History and Analysis
Debt Level: 526161's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: 526161's debt to equity ratio has reduced from 71.1% to 67.6% over the past 5 years.
Debt Coverage: 526161's debt is well covered by operating cash flow (23.1%).
Interest Coverage: 526161's interest payments on its debt are not well covered by EBIT (1.9x coverage).