SP Refractories Balance Sheet Health
Financial Health criteria checks 4/6
SP Refractories has a total shareholder equity of ₹96.9M and total debt of ₹52.1M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are ₹169.1M and ₹72.2M respectively. SP Refractories's EBIT is ₹19.8M making its interest coverage ratio 6.9. It has cash and short-term investments of ₹32.0K.
Key information
53.8%
Debt to equity ratio
₹52.09m
Debt
Interest coverage ratio | 6.9x |
Cash | ₹32.00k |
Equity | ₹96.90m |
Total liabilities | ₹72.20m |
Total assets | ₹169.10m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SPRL's short term assets (₹101.5M) exceed its short term liabilities (₹51.4M).
Long Term Liabilities: SPRL's short term assets (₹101.5M) exceed its long term liabilities (₹20.8M).
Debt to Equity History and Analysis
Debt Level: SPRL's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: Insufficient data to determine if SPRL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SPRL's debt is well covered by operating cash flow (32.6%).
Interest Coverage: SPRL's interest payments on its debt are well covered by EBIT (6.9x coverage).