Savita Oil Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Savita Oil Technologies has a total shareholder equity of ₹15.2B and total debt of ₹921.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are ₹23.9B and ₹8.6B respectively. Savita Oil Technologies's EBIT is ₹2.8B making its interest coverage ratio 55.7. It has cash and short-term investments of ₹3.5B.
Key information
0.006%
Debt to equity ratio
₹921.00k
Debt
Interest coverage ratio | 55.7x |
Cash | ₹3.48b |
Equity | ₹15.24b |
Total liabilities | ₹8.61b |
Total assets | ₹23.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524667's short term assets (₹20.1B) exceed its short term liabilities (₹8.5B).
Long Term Liabilities: 524667's short term assets (₹20.1B) exceed its long term liabilities (₹91.7M).
Debt to Equity History and Analysis
Debt Level: 524667 has more cash than its total debt.
Reducing Debt: 524667's debt to equity ratio has reduced from 0.6% to 0.01% over the past 5 years.
Debt Coverage: 524667's debt is well covered by operating cash flow (102228.7%).
Interest Coverage: 524667's interest payments on its debt are well covered by EBIT (55.7x coverage).