Southern Petrochemical Industries Balance Sheet Health
Financial Health criteria checks 5/6
Southern Petrochemical Industries has a total shareholder equity of ₹11.5B and total debt of ₹5.6B, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are ₹21.1B and ₹9.6B respectively. Southern Petrochemical Industries's EBIT is ₹2.2B making its interest coverage ratio 5.9. It has cash and short-term investments of ₹1.6B.
Key information
48.6%
Debt to equity ratio
₹5.59b
Debt
| Interest coverage ratio | 5.9x |
| Cash | ₹1.63b |
| Equity | ₹11.48b |
| Total liabilities | ₹9.61b |
| Total assets | ₹21.10b |
Recent financial health updates
Does Southern Petrochemical Industries (NSE:SPIC) Have A Healthy Balance Sheet?
Jan 28
Here's Why Southern Petrochemical Industries (NSE:SPIC) Can Manage Its Debt Responsibly
Dec 30Is Southern Petrochemical Industries (NSE:SPIC) Using Too Much Debt?
Jul 15These 4 Measures Indicate That Southern Petrochemical Industries (NSE:SPIC) Is Using Debt Extensively
Jan 11
Is Southern Petrochemical Industries (NSE:SPIC) Using Too Much Debt?
Aug 04Recent updates
The Return Trends At Southern Petrochemical Industries (NSE:SPIC) Look Promising
Jun 21Market Cool On Southern Petrochemical Industries Corporation Limited's (NSE:SPIC) Earnings Pushing Shares 29% Lower
Mar 21Southern Petrochemical Industries (NSE:SPIC) Is Very Good At Capital Allocation
Oct 24Southern Petrochemical Industries (NSE:SPIC) Will Pay A Larger Dividend Than Last Year At ₹1.50
Sep 01Southern Petrochemical Industries (NSE:SPIC) Is Paying Out A Larger Dividend Than Last Year
Aug 17Does Southern Petrochemical Industries (NSE:SPIC) Have A Healthy Balance Sheet?
Jan 28Returns On Capital Are A Standout For Southern Petrochemical Industries (NSE:SPIC)
Dec 17We Ran A Stock Scan For Earnings Growth And Southern Petrochemical Industries (NSE:SPIC) Passed With Ease
Nov 04Southern Petrochemical Industries (NSE:SPIC) Is Experiencing Growth In Returns On Capital
Jun 14Here's Why I Think Southern Petrochemical Industries (NSE:SPIC) Is An Interesting Stock
May 26Should You Be Adding Southern Petrochemical Industries (NSE:SPIC) To Your Watchlist Today?
Feb 18Here's Why Southern Petrochemical Industries (NSE:SPIC) Can Manage Its Debt Responsibly
Dec 30Here's Why We Think Southern Petrochemical Industries (NSE:SPIC) Is Well Worth Watching
Aug 11Is Southern Petrochemical Industries (NSE:SPIC) Using Too Much Debt?
Jul 15Southern Petrochemical Industries (NSE:SPIC) Will Will Want To Turn Around Its Return Trends
May 12Calculating The Intrinsic Value Of Southern Petrochemical Industries Corporation Limited (NSE:SPIC)
Apr 06Southern Petrochemical Industries Corporation Limited's (NSE:SPIC) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 16A Quick Analysis On Southern Petrochemical Industries' (NSE:SPIC) CEO Compensation
Feb 25Should You Be Impressed By Southern Petrochemical Industries' (NSE:SPIC) Returns on Capital?
Feb 08These 4 Measures Indicate That Southern Petrochemical Industries (NSE:SPIC) Is Using Debt Extensively
Jan 11If You Had Bought Southern Petrochemical Industries' (NSE:SPIC) Shares Three Years Ago You Would Be Down 41%
Dec 14Declining Stock and Decent Financials: Is The Market Wrong About Southern Petrochemical Industries Corporation Limited (NSE:SPIC)?
Nov 16Update: Southern Petrochemical Industries (NSE:SPIC) Stock Gained 37% In The Last Five Years
Sep 01Is Southern Petrochemical Industries (NSE:SPIC) Using Too Much Debt?
Aug 04Investors Continue Waiting On Sidelines For Southern Petrochemical Industries Corporation Limited (NSE:SPIC)
Jul 07Are Robust Financials Driving The Recent Rally In Southern Petrochemical Industries Corporation Limited's (NSE:SPIC) Stock?
Jul 03Financial Position Analysis
Short Term Liabilities: SPIC's short term assets (₹9.0B) exceed its short term liabilities (₹8.4B).
Long Term Liabilities: SPIC's short term assets (₹9.0B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: SPIC's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: SPIC's debt to equity ratio has reduced from 67% to 48.6% over the past 5 years.
Debt Coverage: SPIC's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: SPIC's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 22:29 |
| End of Day Share Price | 2025/01/06 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
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Analyst Sources
Southern Petrochemical Industries Corporation 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.
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