Savita Oil Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Savita Oil Technologies has a total shareholder equity of ₹16.2B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹23.1B and ₹6.9B respectively. Savita Oil Technologies's EBIT is ₹1.8B making its interest coverage ratio 12.4. It has cash and short-term investments of ₹2.1B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 12.4x |
| Cash | ₹2.15b |
| Equity | ₹16.18b |
| Total liabilities | ₹6.92b |
| Total assets | ₹23.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524667's short term assets (₹18.7B) exceed its short term liabilities (₹6.7B).
Long Term Liabilities: 524667's short term assets (₹18.7B) exceed its long term liabilities (₹190.1M).
Debt to Equity History and Analysis
Debt Level: 524667 is debt free.
Reducing Debt: 524667 has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: 524667 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 524667 has no debt, therefore coverage of interest payments is not a concern.