Spacenet Enterprises India Balance Sheet Health
Financial Health criteria checks 6/6
Spacenet Enterprises India has a total shareholder equity of ₹1.4B and total debt of ₹6.5M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹1.7B and ₹241.1M respectively. Spacenet Enterprises India's EBIT is ₹121.5M making its interest coverage ratio -236.4. It has cash and short-term investments of ₹94.2M.
Key information
0.5%
Debt to equity ratio
₹6.47m
Debt
| Interest coverage ratio | -236.4x |
| Cash | ₹94.16m |
| Equity | ₹1.43b |
| Total liabilities | ₹241.13m |
| Total assets | ₹1.67b |
Recent financial health updates
No updates
Recent updates
Revenues Tell The Story For Spacenet Enterprises India Limited (NSE:SPCENET)
Oct 15
Spacenet Enterprises India Limited (NSE:SPCENET) Looks Just Right With A 27% Price Jump
Jun 19Spacenet Enterprises India Limited (NSE:SPCENET) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing
Mar 18Does 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 (₹665.0M) exceed its short term liabilities (₹233.7M).
Long Term Liabilities: SPCENET's short term assets (₹665.0M) exceed its long term liabilities (₹7.4M).
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 debt is well covered by operating cash flow (1690%).
Interest Coverage: SPCENET earns more interest than it pays, so coverage of interest payments is not a concern.