Sparc Electrex Balance Sheet Health
Financial Health criteria checks 3/6
Sparc Electrex has a total shareholder equity of ₹186.9M and total debt of ₹10.0M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ₹221.7M and ₹34.8M respectively. Sparc Electrex's EBIT is ₹5.5M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹10.2M.
Key information
5.4%
Debt to equity ratio
₹10.02m
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₹10.21m |
| Equity | ₹186.92m |
| Total liabilities | ₹34.80m |
| Total assets | ₹221.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531370's short term assets (₹191.7M) exceed its short term liabilities (₹26.2M).
Long Term Liabilities: 531370's short term assets (₹191.7M) exceed its long term liabilities (₹8.6M).
Debt to Equity History and Analysis
Debt Level: 531370 has more cash than its total debt.
Reducing Debt: 531370's debt to equity ratio has increased from 0.2% to 5.4% over the past 5 years.
Debt Coverage: 531370's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531370's interest payments on its debt are not well covered by EBIT (2.8x coverage).