Sportking India Limited

NSEI:SPORTKING Stock Report

Market Cap: ₹11.7b

Sportking India Balance Sheet Health

Financial Health criteria checks 5/6

Sportking India has a total shareholder equity of ₹9.5B and total debt of ₹4.9B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are ₹16.6B and ₹7.1B respectively. Sportking India's EBIT is ₹1.8B making its interest coverage ratio 3.9. It has cash and short-term investments of ₹50.2M.

Key information

51.6%

Debt to equity ratio

₹4.91b

Debt

Interest coverage ratio3.9x
Cash₹50.18m
Equity₹9.53b
Total liabilities₹7.09b
Total assets₹16.62b

Recent financial health updates

Is Sportking India (NSE:SPORTKING) Using Too Much Debt?

Aug 24
Is Sportking India (NSE:SPORTKING) Using Too Much Debt?

Recent updates

Sportking India (NSE:SPORTKING) Will Be Hoping To Turn Its Returns On Capital Around

Oct 25
Sportking India (NSE:SPORTKING) Will Be Hoping To Turn Its Returns On Capital Around

Sportking India Limited's (NSE:SPORTKING) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

Sep 13
Sportking India Limited's (NSE:SPORTKING) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

Is Sportking India (NSE:SPORTKING) Using Too Much Debt?

Aug 24
Is Sportking India (NSE:SPORTKING) Using Too Much Debt?

Sportking India Limited (NSE:SPORTKING) Shares Fly 30% But Investors Aren't Buying For Growth

Jul 18
Sportking India Limited (NSE:SPORTKING) Shares Fly 30% But Investors Aren't Buying For Growth

Some Investors May Be Worried About Sportking India's (NSE:SPORTKING) Returns On Capital

Jul 17
Some Investors May Be Worried About Sportking India's (NSE:SPORTKING) Returns On Capital

Weak Statutory Earnings May Not Tell The Whole Story For Sportking India (NSE:SPORTKING)

May 05
Weak Statutory Earnings May Not Tell The Whole Story For Sportking India (NSE:SPORTKING)

Capital Allocation Trends At Sportking India (NSE:SPORTKING) Aren't Ideal

Oct 26
Capital Allocation Trends At Sportking India (NSE:SPORTKING) Aren't Ideal

Sportking India's (NSE:SPORTKING) Soft Earnings Don't Show The Whole Picture

May 06
Sportking India's (NSE:SPORTKING) Soft Earnings Don't Show The Whole Picture

Sportking India Limited (NSE:SPORTKING) Doing What It Can To Lift Shares

Aug 31
Sportking India Limited (NSE:SPORTKING) Doing What It Can To Lift Shares

Financial Position Analysis

Short Term Liabilities: SPORTKING's short term assets (₹8.6B) exceed its short term liabilities (₹2.9B).

Long Term Liabilities: SPORTKING's short term assets (₹8.6B) exceed its long term liabilities (₹4.2B).

Debt to Equity History and Analysis

Debt Level: SPORTKING's net debt to equity ratio (51.1%) is considered high.

Reducing Debt: SPORTKING's debt to equity ratio has reduced from 209% to 51.6% over the past 5 years.

Debt Coverage: SPORTKING's debt is well covered by operating cash flow (41.7%).

Interest Coverage: SPORTKING's interest payments on its debt are well covered by EBIT (3.9x coverage).

Balance Sheet

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