Spectra Systems Balance Sheet Health
Financial Health criteria checks 6/6
Spectra Systems has a total shareholder equity of $28.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $38.0M and $9.7M respectively. Spectra Systems's EBIT is $7.0M making its interest coverage ratio -411.4. It has cash and short-term investments of $17.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -411.4x |
Cash | US$17.50m |
Equity | US$28.32m |
Total liabilities | US$9.70m |
Total assets | US$38.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCTQ's short term assets ($24.7M) exceed its short term liabilities ($7.0M).
Long Term Liabilities: SCTQ's short term assets ($24.7M) exceed its long term liabilities ($2.7M).
Debt to Equity History and Analysis
Debt Level: SCTQ is debt free.
Reducing Debt: SCTQ has not had any debt for past 5 years.
Debt Coverage: SCTQ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SCTQ has no debt, therefore coverage of interest payments is not a concern.