Smartpay Holdings Financial Health

How is Smartpay Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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).


Balance Sheet


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