Spright Agro Balance Sheet Health

Financial Health criteria checks 5/6

Spright Agro has a total shareholder equity of ₹658.9M and total debt of ₹3.8M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹689.2M and ₹30.3M respectively. Spright Agro's EBIT is ₹189.8M making its interest coverage ratio -181.7. It has cash and short-term investments of ₹373.1K.

Key information

0.6%

Debt to equity ratio

₹3.85m

Debt

Interest coverage ratio-181.7x
Cash₹373.14k
Equity₹658.94m
Total liabilities₹30.25m
Total assets₹689.19m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 531205's short term assets (₹352.3M) exceed its short term liabilities (₹30.2M).

Long Term Liabilities: 531205's short term assets (₹352.3M) exceed its long term liabilities (₹26.7K).


Debt to Equity History and Analysis

Debt Level: 531205's net debt to equity ratio (0.5%) 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.


Balance Sheet


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