Savera Industries Balance Sheet Health
Financial Health criteria checks 5/6
Savera Industries has a total shareholder equity of ₹731.4M and total debt of ₹41.9M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are ₹867.0M and ₹135.6M respectively. Savera Industries's EBIT is ₹122.5M making its interest coverage ratio -16.4. It has cash and short-term investments of ₹121.6M.
Key information
5.7%
Debt to equity ratio
₹41.92m
Debt
Interest coverage ratio | -16.4x |
Cash | ₹121.64m |
Equity | ₹731.41m |
Total liabilities | ₹135.62m |
Total assets | ₹867.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512634's short term assets (₹151.5M) exceed its short term liabilities (₹98.2M).
Long Term Liabilities: 512634's short term assets (₹151.5M) exceed its long term liabilities (₹37.4M).
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 increased from 4.9% to 5.7% over the past 5 years.
Debt Coverage: 512634's debt is well covered by operating cash flow (294.1%).
Interest Coverage: 512634 earns more interest than it pays, so coverage of interest payments is not a concern.