Savani Financials Balance Sheet Health
Financial Health criteria checks 4/6
Savani Financials has a total shareholder equity of ₹1.0M and total debt of ₹22.1M, which brings its debt-to-equity ratio to 2172.2%. Its total assets and total liabilities are ₹26.7M and ₹25.6M respectively.
Key information
2,172.2%
Debt to equity ratio
₹22.14m
Debt
Interest coverage ratio | n/a |
Cash | ₹4.31m |
Equity | ₹1.02m |
Total liabilities | ₹25.63m |
Total assets | ₹26.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 890201's short term assets (₹25.9M) exceed its short term liabilities (₹3.5M).
Long Term Liabilities: 890201's short term assets (₹25.9M) exceed its long term liabilities (₹22.1M).
Debt to Equity History and Analysis
Debt Level: 890201's net debt to equity ratio (1749%) is considered high.
Reducing Debt: 890201's debt to equity ratio has increased from 0% to 2172.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 890201 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 890201 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.