GAIL (India) Balance Sheet Health
Financial Health criteria checks 3/6
GAIL (India) has a total shareholder equity of ₹730.4B and total debt of ₹179.5B, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are ₹1,162.0B and ₹431.6B respectively. GAIL (India)'s EBIT is ₹83.3B making its interest coverage ratio -93.3. It has cash and short-term investments of ₹25.8B.
Key information
24.6%
Debt to equity ratio
₹179.51b
Debt
Interest coverage ratio | -93.3x |
Cash | ₹25.85b |
Equity | ₹730.37b |
Total liabilities | ₹431.65b |
Total assets | ₹1.16t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAID's short term assets (₹201.2B) do not cover its short term liabilities (₹210.1B).
Long Term Liabilities: GAID's short term assets (₹201.2B) do not cover its long term liabilities (₹221.5B).
Debt to Equity History and Analysis
Debt Level: GAID's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: GAID's debt to equity ratio has increased from 5.5% to 24.6% over the past 5 years.
Debt Coverage: GAID's debt is well covered by operating cash flow (70.5%).
Interest Coverage: GAID earns more interest than it pays, so coverage of interest payments is not a concern.