SSPN Finance Balance Sheet Health
Financial Health criteria checks 3/6
SSPN Finance has a total shareholder equity of ₹43.7M and total debt of ₹11.8M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are ₹63.1M and ₹19.5M respectively.
Key information
27.0%
Debt to equity ratio
₹11.79m
Debt
Interest coverage ratio | n/a |
Cash | ₹931.11k |
Equity | ₹43.67m |
Total liabilities | ₹19.48m |
Total assets | ₹63.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539026's short term assets (₹58.3M) exceed its short term liabilities (₹19.5M).
Long Term Liabilities: 539026 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 539026's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: 539026's debt to equity ratio has increased from 15.9% to 27% over the past 5 years.
Debt Coverage: 539026's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: Insufficient data to determine if 539026's interest payments on its debt are well covered by EBIT.