GAIL (India) Balance Sheet Health
Financial Health criteria checks 4/6
GAIL (India) has a total shareholder equity of ₹840.2B and total debt of ₹168.6B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are ₹1,289.9B and ₹449.7B respectively. GAIL (India)'s EBIT is ₹129.9B making its interest coverage ratio 17.8. It has cash and short-term investments of ₹32.0B.
Key information
20.1%
Debt to equity ratio
₹168.62b
Debt
| Interest coverage ratio | 17.8x |
| Cash | ₹31.99b |
| Equity | ₹840.17b |
| Total liabilities | ₹449.71b |
| Total assets | ₹1.29t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAIDL's short term assets (₹216.9B) exceed its short term liabilities (₹198.0B).
Long Term Liabilities: GAIDL's short term assets (₹216.9B) do not cover its long term liabilities (₹251.7B).
Debt to Equity History and Analysis
Debt Level: GAIDL's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: GAIDL's debt to equity ratio has increased from 3.5% to 20.1% over the past 5 years.
Debt Coverage: GAIDL's debt is well covered by operating cash flow (66.9%).
Interest Coverage: GAIDL's interest payments on its debt are well covered by EBIT (17.8x coverage).