Span Divergent Balance Sheet Health
Financial Health criteria checks 1/6
Span Divergent has a total shareholder equity of ₹-76.0M and total debt of ₹80.4M, which brings its debt-to-equity ratio to -105.7%. Its total assets and total liabilities are ₹233.3M and ₹309.3M respectively. Span Divergent's EBIT is ₹4.7M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹66.1M.
Key information
-105.7%
Debt to equity ratio
₹80.36m
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₹66.15m |
| Equity | -₹76.01m |
| Total liabilities | ₹309.28m |
| Total assets | ₹233.26m |
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 (32.9%).
Interest Coverage: 524727's interest payments on its debt are not well covered by EBIT (0.8x coverage).