Hindustan Petroleum Balance Sheet Health
Financial Health criteria checks 3/6
Hindustan Petroleum has a total shareholder equity of ₹450.5B and total debt of ₹580.1B, which brings its debt-to-equity ratio to 128.8%. Its total assets and total liabilities are ₹1,775.5B and ₹1,324.9B respectively. Hindustan Petroleum's EBIT is ₹202.2B making its interest coverage ratio 13.9. It has cash and short-term investments of ₹57.2B.
Key information
128.8%
Debt to equity ratio
₹580.10b
Debt
Interest coverage ratio | 13.9x |
Cash | ₹57.16b |
Equity | ₹450.55b |
Total liabilities | ₹1.32t |
Total assets | ₹1.78t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500104's short term assets (₹542.3B) do not cover its short term liabilities (₹786.5B).
Long Term Liabilities: 500104's short term assets (₹542.3B) exceed its long term liabilities (₹538.5B).
Debt to Equity History and Analysis
Debt Level: 500104's net debt to equity ratio (116.1%) is considered high.
Reducing Debt: 500104's debt to equity ratio has increased from 91.3% to 128.8% over the past 5 years.
Debt Coverage: 500104's debt is well covered by operating cash flow (57.8%).
Interest Coverage: 500104's interest payments on its debt are well covered by EBIT (13.9x coverage).