Sparc Electrex Balance Sheet Health
Financial Health criteria checks 3/6
Sparc Electrex has a total shareholder equity of ₹42.5M and total debt of ₹25.2M, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are ₹99.0M and ₹56.5M respectively. Sparc Electrex's EBIT is ₹2.3M making its interest coverage ratio -198.8. It has cash and short-term investments of ₹5.3M.
Key information
59.2%
Debt to equity ratio
₹25.16m
Debt
Interest coverage ratio | -198.8x |
Cash | ₹5.27m |
Equity | ₹42.51m |
Total liabilities | ₹56.46m |
Total assets | ₹98.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531370's short term assets (₹69.0M) exceed its short term liabilities (₹56.5M).
Long Term Liabilities: 531370 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531370's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: 531370's debt to equity ratio has increased from 0% to 59.2% over the past 5 years.
Debt Coverage: 531370's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531370 earns more interest than it pays, so coverage of interest payments is not a concern.