PetVivo Holdings Balance Sheet Health
Financial Health criteria checks 5/6
PetVivo Holdings has a total shareholder equity of $895.1K and total debt of $144.8K, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are $3.6M and $2.7M respectively.
Key information
16.2%
Debt to equity ratio
US$144.78k
Debt
| Interest coverage ratio | n/a |
| Cash | US$80.09k |
| Equity | US$895.10k |
| Total liabilities | US$2.73m |
| Total assets | US$3.63m |
Recent financial health updates
Companies Like PetVivo Holdings (NASDAQ:PETV) Could Be Quite Risky
Nov 11
Will PetVivo Holdings (NASDAQ:PETV) Spend Its Cash Wisely?
Jul 26We Think PetVivo Holdings (NASDAQ:PETV) Can Afford To Drive Business Growth
Mar 23Recent updates
Companies Like PetVivo Holdings (NASDAQ:PETV) Could Be Quite Risky
Nov 11Will PetVivo Holdings (NASDAQ:PETV) Spend Its Cash Wisely?
Jul 26PetVivo Holdings GAAP EPS of -$0.57 beats by $0.37, revenue of $0.1M misses by $1.6M
Jun 29We Think PetVivo Holdings (NASDAQ:PETV) Can Afford To Drive Business Growth
Mar 23Financial Position Analysis
Short Term Liabilities: PETV's short term assets ($1.5M) do not cover its short term liabilities ($1.7M).
Long Term Liabilities: PETV's short term assets ($1.5M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: PETV's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: PETV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: PETV has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PETV is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.