Savera Industries Balance Sheet Health
Financial Health criteria checks 6/6
Savera Industries has a total shareholder equity of ₹783.6M and total debt of ₹10.1M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₹954.4M and ₹170.9M respectively. Savera Industries's EBIT is ₹106.4M making its interest coverage ratio 32.4. It has cash and short-term investments of ₹261.6M.
Key information
1.3%
Debt to equity ratio
₹10.11m
Debt
Interest coverage ratio | 32.4x |
Cash | ₹261.61m |
Equity | ₹783.56m |
Total liabilities | ₹170.87m |
Total assets | ₹954.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512634's short term assets (₹331.1M) exceed its short term liabilities (₹110.1M).
Long Term Liabilities: 512634's short term assets (₹331.1M) exceed its long term liabilities (₹60.7M).
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 4.8% to 1.3% over the past 5 years.
Debt Coverage: 512634's debt is well covered by operating cash flow (828.9%).
Interest Coverage: 512634's interest payments on its debt are well covered by EBIT (32.4x coverage).