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 ratio | 3.9x |
| Cash | ₹50.18m |
| Equity | ₹9.53b |
| Total liabilities | ₹7.09b |
| Total assets | ₹16.62b |
Recent financial health updates
Recent updates
Sportking India Limited (NSE:SPORTKING) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Dec 18
Sportking India (NSE:SPORTKING) Will Be Hoping To Turn Its Returns On Capital Around
Oct 25Sportking India Limited's (NSE:SPORTKING) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
Sep 13Is Sportking India (NSE:SPORTKING) Using Too Much Debt?
Aug 24Sportking India Limited (NSE:SPORTKING) Shares Fly 30% But Investors Aren't Buying For Growth
Jul 18Some Investors May Be Worried About Sportking India's (NSE:SPORTKING) Returns On Capital
Jul 17Weak Statutory Earnings May Not Tell The Whole Story For Sportking India (NSE:SPORTKING)
May 05Capital Allocation Trends At Sportking India (NSE:SPORTKING) Aren't Ideal
Oct 26Sportking India's (NSE:SPORTKING) Soft Earnings Don't Show The Whole Picture
May 06Sportking India Limited (NSE:SPORTKING) Doing What It Can To Lift Shares
Aug 31Financial 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
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:44 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Sportking India 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 |
|---|