S P Capital Financing Balance Sheet Health
Financial Health criteria checks 1/6
S P Capital Financing has a total shareholder equity of ₹235.3M and total debt of ₹288.4M, which brings its debt-to-equity ratio to 122.6%. Its total assets and total liabilities are ₹528.7M and ₹293.4M respectively. S P Capital Financing's EBIT is ₹14.8M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹750.0K.
Key information
122.6%
Debt to equity ratio
₹288.40m
Debt
Interest coverage ratio | 1.5x |
Cash | ₹750.00k |
Equity | ₹235.32m |
Total liabilities | ₹293.40m |
Total assets | ₹528.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530289's short term assets (₹20.9M) do not cover its short term liabilities (₹292.2M).
Long Term Liabilities: 530289's short term assets (₹20.9M) exceed its long term liabilities (₹1.2M).
Debt to Equity History and Analysis
Debt Level: 530289's net debt to equity ratio (122.2%) is considered high.
Reducing Debt: 530289's debt to equity ratio has increased from 19.2% to 122.6% over the past 5 years.
Debt Coverage: 530289's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 530289's interest payments on its debt are not well covered by EBIT (1.5x coverage).