Savani Financials Balance Sheet Health
Financial Health criteria checks 3/6
Savani Financials has a total shareholder equity of ₹17.5M and total debt of ₹6.5M, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are ₹25.5M and ₹8.0M respectively.
Key information
37.3%
Debt to equity ratio
₹6.53m
Debt
Interest coverage ratio | n/a |
Cash | ₹6.35m |
Equity | ₹17.52m |
Total liabilities | ₹7.98m |
Total assets | ₹25.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511577's short term assets (₹25.5M) exceed its short term liabilities (₹1.4M).
Long Term Liabilities: 511577's short term assets (₹25.5M) exceed its long term liabilities (₹6.5M).
Debt to Equity History and Analysis
Debt Level: 511577's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: 511577's debt to equity ratio has increased from 0% to 37.3% over the past 5 years.
Debt Coverage: 511577's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 511577's interest payments on its debt are well covered by EBIT.