SPS Finquest Balance Sheet Health
Financial Health criteria checks 4/6
SPS Finquest has a total shareholder equity of ₹626.4M and total debt of ₹176.4M, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are ₹804.3M and ₹178.0M respectively.
Key information
28.2%
Debt to equity ratio
₹176.44m
Debt
Interest coverage ratio | n/a |
Cash | ₹30.33m |
Equity | ₹626.37m |
Total liabilities | ₹177.98m |
Total assets | ₹804.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538402's short term assets (₹668.1M) exceed its short term liabilities (₹176.7M).
Long Term Liabilities: 538402's short term assets (₹668.1M) exceed its long term liabilities (₹1.2M).
Debt to Equity History and Analysis
Debt Level: 538402's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: 538402's debt to equity ratio has reduced from 55.6% to 28.2% over the past 5 years.
Debt Coverage: 538402's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 538402's interest payments on its debt are well covered by EBIT.