Savannah Energy Balance Sheet Health
Financial Health criteria checks 2/6
Savannah Energy has a total shareholder equity of $294.5M and total debt of $509.9M, which brings its debt-to-equity ratio to 173.2%. Its total assets and total liabilities are $1.3B and $1.0B respectively. Savannah Energy's EBIT is $68.6M making its interest coverage ratio 1.3. It has cash and short-term investments of $181.2M.
Key information
173.2%
Debt to equity ratio
US$509.93m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$181.17m |
| Equity | US$294.45m |
| Total liabilities | US$1.05b |
| Total assets | US$1.34b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SVNN.F's short term assets ($393.1M) do not cover its short term liabilities ($590.6M).
Long Term Liabilities: SVNN.F's short term assets ($393.1M) do not cover its long term liabilities ($456.7M).
Debt to Equity History and Analysis
Debt Level: SVNN.F's net debt to equity ratio (111.7%) is considered high.
Reducing Debt: SVNN.F's debt to equity ratio has increased from 0% to 173.2% 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: Whilst unprofitable SVNN.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SVNN.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 53.5% per year.