Spirent Communications Balance Sheet Health
Financial Health criteria checks 6/6
Spirent Communications has a total shareholder equity of $374.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $568.4M and $193.5M respectively. Spirent Communications's EBIT is $25.9M making its interest coverage ratio -9.6. It has cash and short-term investments of $131.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -9.6x |
| Cash | US$131.00m |
| Equity | US$374.90m |
| Total liabilities | US$193.50m |
| Total assets | US$568.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPMY.Y's short term assets ($273.5M) exceed its short term liabilities ($150.4M).
Long Term Liabilities: SPMY.Y's short term assets ($273.5M) exceed its long term liabilities ($43.1M).
Debt to Equity History and Analysis
Debt Level: SPMY.Y is debt free.
Reducing Debt: SPMY.Y has not had any debt for past 5 years.
Debt Coverage: SPMY.Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPMY.Y has no debt, therefore coverage of interest payments is not a concern.