Chennai Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
Chennai Petroleum has a total shareholder equity of ₹78.2B and total debt of ₹34.2B, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are ₹181.9B and ₹103.6B respectively. Chennai Petroleum's EBIT is ₹49.8B making its interest coverage ratio 20. It has cash and short-term investments of ₹577.6M.
Key information
43.7%
Debt to equity ratio
₹34.23b
Debt
Interest coverage ratio | 20x |
Cash | ₹577.60m |
Equity | ₹78.25b |
Total liabilities | ₹103.63b |
Total assets | ₹181.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500110's short term assets (₹98.9B) exceed its short term liabilities (₹79.9B).
Long Term Liabilities: 500110's short term assets (₹98.9B) exceed its long term liabilities (₹23.7B).
Debt to Equity History and Analysis
Debt Level: 500110's net debt to equity ratio (43%) is considered high.
Reducing Debt: 500110's debt to equity ratio has reduced from 100.3% to 43.7% over the past 5 years.
Debt Coverage: 500110's debt is well covered by operating cash flow (152.5%).
Interest Coverage: 500110's interest payments on its debt are well covered by EBIT (20x coverage).