Span Divergent Balance Sheet Health
Financial Health criteria checks 1/6
Span Divergent has a total shareholder equity of ₹-75.7M and total debt of ₹85.9M, which brings its debt-to-equity ratio to -113.5%. Its total assets and total liabilities are ₹241.9M and ₹317.5M respectively. Span Divergent's EBIT is ₹14.3M making its interest coverage ratio 2. It has cash and short-term investments of ₹56.1M.
Key information
-113.5%
Debt to equity ratio
₹85.92m
Debt
Interest coverage ratio | 2x |
Cash | ₹56.11m |
Equity | -₹75.68m |
Total liabilities | ₹317.55m |
Total assets | ₹241.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524727 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 524727 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 524727 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 524727's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 524727's debt is well covered by operating cash flow (29.1%).
Interest Coverage: 524727's interest payments on its debt are not well covered by EBIT (2x coverage).