Spectrum Foods Balance Sheet Health
Financial Health criteria checks 4/6
Spectrum Foods has a total shareholder equity of ₹13.2M and total debt of ₹17.6M, which brings its debt-to-equity ratio to 133.3%. Its total assets and total liabilities are ₹139.5M and ₹126.3M respectively. Spectrum Foods's EBIT is ₹19.5M making its interest coverage ratio 31.8. It has cash and short-term investments of ₹4.0M.
Key information
133.3%
Debt to equity ratio
₹17.59m
Debt
Interest coverage ratio | 31.8x |
Cash | ₹4.03m |
Equity | ₹13.20m |
Total liabilities | ₹126.27m |
Total assets | ₹139.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 890199's short term assets (₹36.0M) do not cover its short term liabilities (₹100.8M).
Long Term Liabilities: 890199's short term assets (₹36.0M) exceed its long term liabilities (₹25.5M).
Debt to Equity History and Analysis
Debt Level: 890199's net debt to equity ratio (102.8%) is considered high.
Reducing Debt: 890199's debt to equity ratio has reduced from 1055.7% to 133.3% over the past 5 years.
Debt Coverage: 890199's debt is well covered by operating cash flow (188.3%).
Interest Coverage: 890199's interest payments on its debt are well covered by EBIT (31.8x coverage).