Confidence Petroleum India Limited

BSE:526829 Stock Report

Market Cap: ₹24.0b

Confidence Petroleum India Balance Sheet Health

Financial Health criteria checks 4/6

Confidence Petroleum India has a total shareholder equity of ₹13.7B and total debt of ₹5.3B, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are ₹24.6B and ₹10.9B respectively. Confidence Petroleum India's EBIT is ₹1.5B making its interest coverage ratio 2.4. It has cash and short-term investments of ₹1.9B.

Key information

38.4%

Debt to equity ratio

₹5.28b

Debt

Interest coverage ratio2.4x
Cash₹1.86b
Equity₹13.74b
Total liabilities₹10.90b
Total assets₹24.64b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 526829's short term assets (₹12.0B) exceed its short term liabilities (₹5.9B).

Long Term Liabilities: 526829's short term assets (₹12.0B) exceed its long term liabilities (₹5.0B).

Debt to Equity History and Analysis

Debt Level: 526829's net debt to equity ratio (24.9%) is considered satisfactory.

Reducing Debt: 526829's debt to equity ratio has increased from 15.9% to 38.4% over the past 5 years.

Debt Coverage: 526829's debt is well covered by operating cash flow (22.6%).

Interest Coverage: 526829's interest payments on its debt are not well covered by EBIT (2.4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 10:30
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Confidence Petroleum India Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harini V.FirstCall Research