Spright Agro Balance Sheet Health
Financial Health criteria checks 5/6
Spright Agro has a total shareholder equity of ₹1.2B and total debt of ₹2.9M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹1.3B and ₹27.3M respectively. Spright Agro's EBIT is ₹256.7M making its interest coverage ratio -309.6. It has cash and short-term investments of ₹401.0K.
Key information
0.2%
Debt to equity ratio
₹2.94m
Debt
| Interest coverage ratio | -309.6x |
| Cash | ₹401.00k |
| Equity | ₹1.24b |
| Total liabilities | ₹27.32m |
| Total assets | ₹1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531205's short term assets (₹921.1M) exceed its short term liabilities (₹24.4M).
Long Term Liabilities: 531205's short term assets (₹921.1M) exceed its long term liabilities (₹3.0M).
Debt to Equity History and Analysis
Debt Level: 531205's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 531205 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 531205's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531205 earns more interest than it pays, so coverage of interest payments is not a concern.