S.P. Apparels Balance Sheet Health
Financial Health criteria checks 6/6
S.P. Apparels has a total shareholder equity of ₹7.1B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are ₹11.6B and ₹4.5B respectively. S.P. Apparels's EBIT is ₹1.2B making its interest coverage ratio 9.9. It has cash and short-term investments of ₹1.2B.
Key information
36.2%
Debt to equity ratio
₹2.58b
Debt
Interest coverage ratio | 9.9x |
Cash | ₹1.24b |
Equity | ₹7.13b |
Total liabilities | ₹4.51b |
Total assets | ₹11.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540048's short term assets (₹6.2B) exceed its short term liabilities (₹3.7B).
Long Term Liabilities: 540048's short term assets (₹6.2B) exceed its long term liabilities (₹763.9M).
Debt to Equity History and Analysis
Debt Level: 540048's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: 540048's debt to equity ratio has reduced from 43.1% to 36.2% over the past 5 years.
Debt Coverage: 540048's debt is well covered by operating cash flow (44.1%).
Interest Coverage: 540048's interest payments on its debt are well covered by EBIT (9.9x coverage).