SP Refractories Balance Sheet Health
Financial Health criteria checks 5/6
SP Refractories has a total shareholder equity of ₹105.0M and total debt of ₹46.7M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are ₹171.4M and ₹66.4M respectively. SP Refractories's EBIT is ₹25.7M making its interest coverage ratio 6. It has cash and short-term investments of ₹79.0K.
Key information
44.5%
Debt to equity ratio
₹46.72m
Debt
| Interest coverage ratio | 6x |
| Cash | ₹79.00k |
| Equity | ₹104.99m |
| Total liabilities | ₹66.42m |
| Total assets | ₹171.41m |
Recent financial health updates
No updates
Recent updates
Should You Be Adding SP Refractories (NSE:SPRL) To Your Watchlist Today?
Aug 29
Optimistic Investors Push SP Refractories Limited (NSE:SPRL) Shares Up 66% But Growth Is Lacking
May 31Here's Why We Think SP Refractories (NSE:SPRL) Might Deserve Your Attention Today
Apr 26It's A Story Of Risk Vs Reward With SP Refractories Limited (NSE:SPRL)
Oct 12Financial Position Analysis
Short Term Liabilities: SPRL's short term assets (₹99.0M) exceed its short term liabilities (₹44.7M).
Long Term Liabilities: SPRL's short term assets (₹99.0M) exceed its long term liabilities (₹21.8M).
Debt to Equity History and Analysis
Debt Level: SPRL's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: SPRL's debt to equity ratio has reduced from 106.6% to 44.5% over the past 5 years.
Debt Coverage: SPRL's debt is well covered by operating cash flow (33.9%).
Interest Coverage: SPRL's interest payments on its debt are well covered by EBIT (6x coverage).