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.