PetVivo Holdings Balance Sheet Health
Financial Health criteria checks 2/6
PetVivo Holdings has a total shareholder equity of $409.2K and total debt of $518.3K, which brings its debt-to-equity ratio to 126.7%. Its total assets and total liabilities are $3.2M and $2.8M respectively.
Key information
126.7%
Debt to equity ratio
US$518.29k
Debt
| Interest coverage ratio | n/a |
| Cash | US$126.24k |
| Equity | US$409.17k |
| Total liabilities | US$2.78m |
| Total assets | US$3.19m |
Recent financial health updates
Recent updates
Companies Like PetVivo Holdings (NASDAQ:PETV) Could Be Quite Risky
Nov 11
Will 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 ($1.2M) do not cover its short term liabilities ($1.9M).
Long Term Liabilities: PETV's short term assets ($1.2M) exceed its long term liabilities ($919.6K).
Debt to Equity History and Analysis
Debt Level: PETV's net debt to equity ratio (95.8%) is considered high.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PETV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.4% each year