Spectra Products Balance Sheet Health
Financial Health criteria checks 6/6
Spectra Products has a total shareholder equity of CA$1.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.2M and CA$371.3K respectively. Spectra Products's EBIT is CA$109.0K making its interest coverage ratio -3.2. It has cash and short-term investments of CA$1.4M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -3.2x |
| Cash | CA$1.44m |
| Equity | CA$1.81m |
| Total liabilities | CA$371.30k |
| Total assets | CA$2.18m |
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$202.1K).
Long Term Liabilities: SPKT.F's short term assets (CA$2.0M) exceed its long term liabilities (CA$169.2K).
Debt to Equity History and Analysis
Debt Level: SPKT.F is debt free.
Reducing Debt: SPKT.F had no debt 5 years ago.
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.