Smartpay Holdings Financial Health
How is Smartpay Holdings's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SPY's short term assets (NZ$33.9M) exceed its short term liabilities (NZ$31.1M).
Long Term Liabilities: SPY's short term assets (NZ$33.9M) exceed its long term liabilities (NZ$13.9M).
Debt to Equity History and Analysis
Debt Level: SPY has more cash than its total debt.
Reducing Debt: SPY's debt to equity ratio has reduced from 178% to 26.2% over the past 5 years.
Debt Coverage: SPY's debt is well covered by operating cash flow (175.6%).
Interest Coverage: SPY's interest payments on its debt are well covered by EBIT (10.6x coverage).