GAIL (India) Balance Sheet Health
Financial Health criteria checks 3/6
GAIL (India) has a total shareholder equity of ₹772.0B and total debt of ₹186.1B, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are ₹1,247.2B and ₹475.2B respectively. GAIL (India)'s EBIT is ₹106.2B making its interest coverage ratio 14.8. It has cash and short-term investments of ₹17.1B.
Key information
24.1%
Debt to equity ratio
₹186.08b
Debt
Interest coverage ratio | 14.8x |
Cash | ₹17.12b |
Equity | ₹771.96b |
Total liabilities | ₹475.21b |
Total assets | ₹1.25t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAIDL's short term assets (₹202.7B) do not cover its short term liabilities (₹216.4B).
Long Term Liabilities: GAIDL's short term assets (₹202.7B) do not cover its long term liabilities (₹258.8B).
Debt to Equity History and Analysis
Debt Level: GAIDL's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: GAIDL's debt to equity ratio has increased from 4.8% to 24.1% over the past 5 years.
Debt Coverage: GAIDL's debt is well covered by operating cash flow (67.6%).
Interest Coverage: GAIDL's interest payments on its debt are well covered by EBIT (14.8x coverage).