Spacenet Enterprises India Balance Sheet Health
Financial Health criteria checks 5/6
Spacenet Enterprises India has a total shareholder equity of ₹599.9M and total debt of ₹3.6M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹825.2M and ₹225.3M respectively. Spacenet Enterprises India's EBIT is ₹100.9M making its interest coverage ratio -63.3. It has cash and short-term investments of ₹12.3M.
Key information
0.6%
Debt to equity ratio
₹3.60m
Debt
| Interest coverage ratio | -63.3x |
| Cash | ₹12.28m |
| Equity | ₹599.90m |
| Total liabilities | ₹225.28m |
| Total assets | ₹825.18m |
Recent financial health updates
No updates
Recent updates
Spacenet Enterprises India Limited (NSE:SPCENET) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing
Mar 18
Does Spacenet Enterprises India (NSE:SPCENET) Deserve A Spot On Your Watchlist?
Mar 12Spacenet Enterprises India Limited (NSE:SPCENET) Looks Just Right With A 30% Price Jump
Dec 22Here's Why We Think Spacenet Enterprises India (NSE:SPCENET) Might Deserve Your Attention Today
Oct 12Do Spacenet Enterprises India's (NSE:SPCENET) Earnings Warrant Your Attention?
Jul 14Financial Position Analysis
Short Term Liabilities: SPCENET's short term assets (₹559.4M) exceed its short term liabilities (₹221.7M).
Long Term Liabilities: SPCENET's short term assets (₹559.4M) exceed its long term liabilities (₹3.6M).
Debt to Equity History and Analysis
Debt Level: SPCENET has more cash than its total debt.
Reducing Debt: SPCENET had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SPCENET's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SPCENET earns more interest than it pays, so coverage of interest payments is not a concern.