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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 23:38 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Spacenet Enterprises India Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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