PetVivo Holdings Balance Sheet Health
Financial Health criteria checks 4/6
PetVivo Holdings has a total shareholder equity of $829.5K and total debt of $18.8K, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are $2.9M and $2.1M respectively.
Key information
2.3%
Debt to equity ratio
US$18.75k
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.41k |
| Equity | US$829.50k |
| Total liabilities | US$2.06m |
| Total assets | US$2.89m |
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 ($880.1K) do not cover its short term liabilities ($1.1M).
Long Term Liabilities: PETV's short term assets ($880.1K) do not cover its long term liabilities ($968.2K).
Debt to Equity History and Analysis
Debt Level: PETV's net debt to equity ratio (0.8%) 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.