SPS Finquest Balance Sheet Health
Financial Health criteria checks 4/6
SPS Finquest has a total shareholder equity of ₹602.6M and total debt of ₹85.1M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are ₹691.4M and ₹88.8M respectively.
Key information
14.1%
Debt to equity ratio
₹85.07m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹40.36m |
| Equity | ₹602.57m |
| Total liabilities | ₹88.81m |
| Total assets | ₹691.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538402's short term assets (₹690.2M) exceed its short term liabilities (₹85.7M).
Long Term Liabilities: 538402's short term assets (₹690.2M) exceed its long term liabilities (₹3.1M).
Debt to Equity History and Analysis
Debt Level: 538402's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: 538402's debt to equity ratio has reduced from 122.9% to 14.1% 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.