Espire Hospitality Balance Sheet Health
Financial Health criteria checks 1/6
Espire Hospitality has a total shareholder equity of ₹43.2M and total debt of ₹705.2M, which brings its debt-to-equity ratio to 1631.1%. Its total assets and total liabilities are ₹953.3M and ₹910.0M respectively. Espire Hospitality's EBIT is ₹48.0M making its interest coverage ratio 2. It has cash and short-term investments of ₹20.0M.
Key information
1,631.1%
Debt to equity ratio
₹705.23m
Debt
| Interest coverage ratio | 2x |
| Cash | ₹20.00m |
| Equity | ₹43.24m |
| Total liabilities | ₹910.02m |
| Total assets | ₹953.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532016's short term assets (₹319.1M) exceed its short term liabilities (₹159.5M).
Long Term Liabilities: 532016's short term assets (₹319.1M) do not cover its long term liabilities (₹750.5M).
Debt to Equity History and Analysis
Debt Level: 532016's net debt to equity ratio (1584.9%) is considered high.
Reducing Debt: 532016's debt to equity ratio has increased from 0% to 1631.1% over the past 5 years.
Debt Coverage: 532016's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532016's interest payments on its debt are not well covered by EBIT (2x coverage).