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
Is S.P. Apparels (NSE:SPAL) Using Too Much Debt?
Aug 22
S.P. Apparels (NSE:SPAL) Has A Pretty Healthy Balance Sheet
Mar 07S.P. Apparels (NSE:SPAL) Seems To Use Debt Quite Sensibly
Dec 14We Think S.P. Apparels (NSE:SPAL) Can Stay On Top Of Its Debt
Aug 11Does S.P. Apparels (NSE:SPAL) Have A Healthy Balance Sheet?
Feb 01
Recent updates
Is S.P. Apparels (NSE:SPAL) Using Too Much Debt?
Aug 22Should You Think About Buying S.P. Apparels Limited (NSE:SPAL) Now?
Jul 18Returns On Capital At S.P. Apparels (NSE:SPAL) Have Hit The Brakes
Apr 27S.P. Apparels (NSE:SPAL) Has A Pretty Healthy Balance Sheet
Mar 07Returns At S.P. Apparels (NSE:SPAL) Appear To Be Weighed Down
Dec 17At ₹334, Is It Time To Put S.P. Apparels Limited (NSE:SPAL) On Your Watch List?
May 12The Returns On Capital At S.P. Apparels (NSE:SPAL) Don't Inspire Confidence
Mar 29A Look At The Intrinsic Value Of S.P. Apparels Limited (NSE:SPAL)
Jan 11S.P. Apparels (NSE:SPAL) Seems To Use Debt Quite Sensibly
Dec 14S.P. Apparels Limited's (NSE:SPAL) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 06We Think S.P. Apparels (NSE:SPAL) Can Stay On Top Of Its Debt
Aug 11There Are Reasons To Feel Uneasy About S.P. Apparels' (NSE:SPAL) Returns On Capital
Apr 13Calculating The Fair Value Of S.P. Apparels Limited (NSE:SPAL)
Mar 02S.P. Apparels Limited (NSE:SPAL) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 17Does S.P. Apparels (NSE:SPAL) Have A Healthy Balance Sheet?
Feb 01What Does S.P. Apparels' (NSE:SPAL) CEO Pay Reveal?
Jan 14Does S.P. Apparels's (NSE:SPAL) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 28Is Now The Time To Look At Buying S.P. Apparels Limited (NSE:SPAL)?
Dec 09What Type Of Returns Would S.P. Apparels'(NSE:SPAL) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Nov 19Will S.P. Apparels (NSE:SPAL) Multiply In Value Going Forward?
Nov 02Key Things To Understand About S.P. Apparels' (NSE:SPAL) CEO Pay Cheque
Oct 07Not Many Are Piling Into S.P. Apparels Limited (NSE:SPAL) Just Yet
Sep 13Benign Growth For S.P. Apparels Limited (NSE:SPAL) Underpins Its Share Price
Aug 21Is Now The Time To Look At Buying S.P. Apparels Limited (NSE:SPAL)?
Aug 10Calculating The Intrinsic Value Of S.P. Apparels Limited (NSE:SPAL)
Aug 10The Returns At S.P. Apparels (NSE:SPAL) Provide Us With Signs Of What's To Come
Jul 22Need To Know: This Analyst Just Made A Substantial Cut To Their S.P. Apparels Limited (NSE:SPAL) Estimates
Jul 04What Is S.P. Apparels's (NSE:SPAL) P/E Ratio After Its Share Price Rocketed?
Jun 22Financial Position Analysis
Short Term Liabilities: SPAL's short term assets (₹6.2B) exceed its short term liabilities (₹3.7B).
Long Term Liabilities: SPAL's short term assets (₹6.2B) exceed its long term liabilities (₹763.9M).
Debt to Equity History and Analysis
Debt Level: SPAL's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: SPAL's debt to equity ratio has reduced from 43.1% to 36.2% over the past 5 years.
Debt Coverage: SPAL's debt is well covered by operating cash flow (44.1%).
Interest Coverage: SPAL's interest payments on its debt are well covered by EBIT (9.9x coverage).