PJSC Tatneft Balance Sheet Health
Financial Health criteria checks 6/6
PJSC Tatneft has a total shareholder equity of RUB1,190.2B and total debt of RUB23.1B, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are RUB1,853.1B and RUB662.9B respectively. PJSC Tatneft's EBIT is RUB326.7B making its interest coverage ratio -36.9. It has cash and short-term investments of RUB141.3B.
Key information
1.9%
Debt to equity ratio
₽23.14b
Debt
Interest coverage ratio | -36.9x |
Cash | ₽141.33b |
Equity | ₽1.19t |
Total liabilities | ₽662.93b |
Total assets | ₽1.85t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATAD's short term assets (RUB508.6B) exceed its short term liabilities (RUB501.1B).
Long Term Liabilities: ATAD's short term assets (RUB508.6B) exceed its long term liabilities (RUB161.8B).
Debt to Equity History and Analysis
Debt Level: ATAD has more cash than its total debt.
Reducing Debt: ATAD's debt to equity ratio has reduced from 2.6% to 1.9% over the past 5 years.
Debt Coverage: ATAD's debt is well covered by operating cash flow (1154.2%).
Interest Coverage: ATAD earns more interest than it pays, so coverage of interest payments is not a concern.