SPA Capital Services Balance Sheet Health
Financial Health criteria checks 2/6
SPA Capital Services has a total shareholder equity of ₹168.9M and total debt of ₹244.7M, which brings its debt-to-equity ratio to 144.9%. Its total assets and total liabilities are ₹434.9M and ₹266.0M respectively.
Key information
144.9%
Debt to equity ratio
₹244.71m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹148.54m |
| Equity | ₹168.87m |
| Total liabilities | ₹266.04m |
| Total assets | ₹434.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542376's short term assets (₹323.9M) exceed its short term liabilities (₹256.7M).
Long Term Liabilities: 542376's short term assets (₹323.9M) exceed its long term liabilities (₹9.3M).
Debt to Equity History and Analysis
Debt Level: 542376's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: 542376's debt to equity ratio has increased from 81.4% to 144.9% over the past 5 years.
Debt Coverage: 542376's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: Insufficient data to determine if 542376's interest payments on its debt are well covered by EBIT.