Super Spinning Mills Balance Sheet Health
Financial Health criteria checks 4/6
Super Spinning Mills has a total shareholder equity of ₹715.9M and total debt of ₹250.8M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are ₹1.1B and ₹419.6M respectively. Super Spinning Mills's EBIT is ₹46.2M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹86.2M.
Key information
35.0%
Debt to equity ratio
₹250.82m
Debt
Interest coverage ratio | 2.4x |
Cash | ₹86.24m |
Equity | ₹715.93m |
Total liabilities | ₹419.60m |
Total assets | ₹1.14b |
Recent financial health 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 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 26Financial Position Analysis
Short Term Liabilities: SUPERSPIN's short term assets (₹148.6M) do not cover its short term liabilities (₹233.1M).
Long Term Liabilities: SUPERSPIN's short term assets (₹148.6M) do not cover its long term liabilities (₹186.5M).
Debt to Equity History and Analysis
Debt Level: SUPERSPIN's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: SUPERSPIN's debt to equity ratio has reduced from 40.5% to 35% 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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SUPERSPIN has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 53.2% each year.