Spectra Products Balance Sheet Health
Financial Health criteria checks 6/6
Spectra Products has a total shareholder equity of CA$1.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.3M and CA$425.6K respectively. Spectra Products's EBIT is CA$313.5K making its interest coverage ratio -29.9. It has cash and short-term investments of CA$1.3M.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | -29.9x |
Cash | CA$1.26m |
Equity | CA$1.89m |
Total liabilities | CA$425.57k |
Total assets | CA$2.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPKT.F's short term assets (CA$2.0M) exceed its short term liabilities (CA$190.6K).
Long Term Liabilities: SPKT.F's short term assets (CA$2.0M) exceed its long term liabilities (CA$234.9K).
Debt to Equity History and Analysis
Debt Level: SPKT.F is debt free.
Reducing Debt: SPKT.F currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: SPKT.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPKT.F has no debt, therefore coverage of interest payments is not a concern.