Spandana Sphoorty Financial Balance Sheet Health
Financial Health criteria checks 2/6
Spandana Sphoorty Financial has a total shareholder equity of ₹33.6B and total debt of ₹77.6B, which brings its debt-to-equity ratio to 231.1%. Its total assets and total liabilities are ₹112.7B and ₹79.1B respectively.
Key information
231.1%
Debt to equity ratio
₹77.63b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹18.50b |
| Equity | ₹33.60b |
| Total liabilities | ₹79.09b |
| Total assets | ₹112.69b |
Recent financial health updates
No updates
Recent updates
News Flash: 3 Analysts Think Spandana Sphoorty Financial Limited (NSE:SPANDANA) Earnings Are Under Threat
Jan 11
Spandana Sphoorty Financial Limited Just Beat Revenue Estimates By 7.7%
Aug 18Trade Alert: The Founder Of Spandana Sphoorty Financial Limited (NSE:SPANDANA), Padmaja Gangireddy, Has Just Spent ₹3.4m Buying A Few More Shares
Feb 21Spandana Sphoorty Financial (NSE:SPANDANA) Share Prices Have Dropped 34% In The Last Year
Feb 16
Chief Strategy Officer Abdul Khan Just Sold A Bunch Of Shares In Spandana Sphoorty Financial Limited (NSE:SPANDANA)
Dec 18Financial Position Analysis
Short Term Liabilities: SPANDANA's short term assets (₹108.0B) exceed its short term liabilities (₹40.2M).
Long Term Liabilities: SPANDANA's short term assets (₹108.0B) exceed its long term liabilities (₹79.0B).
Debt to Equity History and Analysis
Debt Level: SPANDANA's net debt to equity ratio (176%) is considered high.
Reducing Debt: SPANDANA's debt to equity ratio has increased from 159.8% to 231.1% over the past 5 years.
Debt Coverage: SPANDANA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SPANDANA's interest payments on its debt are well covered by EBIT.