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 ₹35.8M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are ₹954.4M and ₹170.9M respectively. Savera Industries's EBIT is ₹96.3M making its interest coverage ratio 26.3. It has cash and short-term investments of ₹261.6M.
Key information
4.6%
Debt to equity ratio
₹35.81m
Debt
| Interest coverage ratio | 26.3x |
| 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 (₹138.9M).
Long Term Liabilities: 512634's short term assets (₹331.1M) exceed its long term liabilities (₹32.0M).
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 5.6% to 4.6% over the past 5 years.
Debt Coverage: 512634's debt is well covered by operating cash flow (233.9%).
Interest Coverage: 512634's interest payments on its debt are well covered by EBIT (26.3x coverage).