Super Spinning Mills Balance Sheet Health
Financial Health criteria checks 2/6
Super Spinning Mills has a total shareholder equity of ₹818.6M and total debt of ₹354.3M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are ₹1.4B and ₹551.8M respectively.
Key information
43.3%
Debt to equity ratio
₹354.33m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹38.33m |
| Equity | ₹818.58m |
| Total liabilities | ₹551.82m |
| Total assets | ₹1.37b |
Recent financial health updates
Health Check: How Prudently Does Super Spinning Mills (NSE:SUPERSPIN) Use Debt?
Jan 03
Is Super Spinning Mills (NSE:SUPERSPIN) Using Too Much Debt?
Aug 24Super Spinning Mills (NSE:SUPERSPIN) Has Debt But No Earnings; Should You Worry?
Mar 21These 4 Measures Indicate That Super Spinning Mills (NSE:SUPERSPIN) Is Using Debt Extensively
Aug 27Here's Why Super Spinning Mills (NSE:SUPERSPIN) Has A Meaningful Debt Burden
Mar 31Does Super Spinning Mills (NSE:SUPERSPIN) Have A Healthy Balance Sheet?
Nov 17Recent updates
Health Check: How Prudently Does Super Spinning Mills (NSE:SUPERSPIN) Use Debt?
Jan 03Is Super Spinning Mills (NSE:SUPERSPIN) Using Too Much Debt?
Aug 24Super Spinning Mills (NSE:SUPERSPIN) Has Debt But No Earnings; Should You Worry?
Mar 21These 4 Measures Indicate That Super Spinning Mills (NSE:SUPERSPIN) Is Using Debt Extensively
Aug 27Super Spinning Mills (NSE:SUPERSPIN) Is Doing The Right Things To Multiply Its Share Price
Jun 20Here's Why Super Spinning Mills (NSE:SUPERSPIN) Has A Meaningful Debt Burden
Mar 31Returns At Super Spinning Mills (NSE:SUPERSPIN) Are On The Way Up
Jan 09Does Super Spinning Mills (NSE:SUPERSPIN) Have A Healthy Balance Sheet?
Nov 17Super Spinning Mills (NSE:SUPERSPIN) Shareholders Will Want The ROCE Trajectory To Continue
Aug 31Is Super Spinning Mills (NSE:SUPERSPIN) Using Debt In A Risky Way?
Jul 06Is Super Spinning Mills (NSE:SUPERSPIN) Using Debt Sensibly?
Mar 23Is Super Spinning Mills (NSE:SUPERSPIN) Weighed On By Its Debt Load?
Dec 08Is Super Spinning Mills (NSE:SUPERSPIN) Using Debt In A Risky Way?
Aug 26
Financial Position Analysis
Short Term Liabilities: SUPERSPIN's short term assets (₹132.8M) do not cover its short term liabilities (₹321.4M).
Long Term Liabilities: SUPERSPIN's short term assets (₹132.8M) do not cover its long term liabilities (₹230.5M).
Debt to Equity History and Analysis
Debt Level: SUPERSPIN's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: SUPERSPIN's debt to equity ratio has reduced from 44.2% to 43.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SUPERSPIN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SUPERSPIN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 53.2% each year