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Spicejet Ltd
BSE:500285

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Spicejet Ltd
BSE:500285
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Price: 8.49 INR 3.79%
Market Cap: ₹13B

Bankruptcy Probability

Spicejet Ltd's probability of bankruptcy is 5.9%, signalling a meaningful chance of default. The solvency score is 28/100 — a sign of moderate financial strength.

We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.

Very High
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
+128%
5Y
+185%
10Y
+2 377%
Long-Term Investments
+
3Y
-84%
5Y
-84%
10Y
-
Debt
+
3Y
-66%
5Y
-77%
10Y
+10%

Solvency Ratios

Solvency Ratios Comparison
Spicejet Ltd Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
IN
Spicejet Ltd
BSE:500285
12B INR
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CN
China Express Airlines Co Ltd
SZSE:002928
8.3B CNY
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KR
JejuAir Co Ltd
KRX:089590
350.1B KRW
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KR
Jin Air Co Ltd
KRX:272450
297.9B KRW
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KR
T'way Air Co Ltd
KRX:091810
278.4B KRW
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KR
Air Busan Co Ltd
KRX:298690
244.4B KRW
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JP
Skymark Airlines Inc
TSE:9204
25.6B JPY
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CH
Kinarus Therapeutics Holding AG
SIX:CURN
104.1m CHF
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IL
Knafaim Holdings Ltd
TASE:KNFM
298.7m ILS
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IN
Jet Airways (India) Ltd
BSE:532617
3.9B INR
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No Stocks Found
Is Spicejet Ltd at risk of bankruptcy?

Spicejet Ltd's probability of bankruptcy is 5.9%, signalling a meaningful chance of default.

The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Spicejet Ltd have?

As of the latest report, Spicejet Ltd has total debt of 14.6B INR. This includes both short-term (0 INR) and long-term (14.6B INR) debt.

You can find a full breakdown on its Balance Sheet.

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