Savera Industries Financial Health
How is Savera Industries's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 512634's short term assets (₹104.9M) exceed its short term liabilities (₹74.4M).
Long Term Liabilities: 512634's short term assets (₹104.9M) exceed its long term liabilities (₹17.0M).
Debt to Equity History and Analysis
Debt Level: 512634 has more cash than its total debt.
Reducing Debt: 512634's debt to equity ratio has reduced from 23.6% to 1% over the past 5 years.
Debt Coverage: 512634's debt is well covered by operating cash flow (765.6%).
Interest Coverage: 512634 earns more interest than it pays, so coverage of interest payments is not a concern.