Savannah Energy Balance Sheet Health
Financial Health criteria checks 3/6
Savannah Energy has a total shareholder equity of $285.1M and total debt of $576.0M, which brings its debt-to-equity ratio to 202%. Its total assets and total liabilities are $1.5B and $1.2B respectively. Savannah Energy's EBIT is $238.3M making its interest coverage ratio 2.9. It has cash and short-term investments of $42.9M.
Key information
202.0%
Debt to equity ratio
US$576.04m
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$42.88m |
| Equity | US$285.13m |
| Total liabilities | US$1.22b |
| Total assets | US$1.51b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAVE's short term assets ($492.3M) exceed its short term liabilities ($379.4M).
Long Term Liabilities: SAVE's short term assets ($492.3M) do not cover its long term liabilities ($843.6M).
Debt to Equity History and Analysis
Debt Level: SAVE's net debt to equity ratio (187%) is considered high.
Reducing Debt: SAVE's debt to equity ratio has increased from 5.8% to 202% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SAVE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SAVE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.7% per year.