Chennai Petroleum Balance Sheet Health
Financial Health criteria checks 4/6
Chennai Petroleum has a total shareholder equity of ₹77.2B and total debt of ₹60.9B, which brings its debt-to-equity ratio to 78.9%. Its total assets and total liabilities are ₹177.1B and ₹100.0B respectively. Chennai Petroleum's EBIT is ₹11.8B making its interest coverage ratio 6.2. It has cash and short-term investments of ₹1.9B.
Key information
78.9%
Debt to equity ratio
₹60.87b
Debt
| Interest coverage ratio | 6.2x |
| Cash | ₹1.94b |
| Equity | ₹77.18b |
| Total liabilities | ₹99.96b |
| Total assets | ₹177.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500110's short term assets (₹93.7B) exceed its short term liabilities (₹90.7B).
Long Term Liabilities: 500110's short term assets (₹93.7B) exceed its long term liabilities (₹9.3B).
Debt to Equity History and Analysis
Debt Level: 500110's net debt to equity ratio (76.4%) is considered high.
Reducing Debt: 500110's debt to equity ratio has reduced from 223.9% to 78.9% over the past 5 years.
Debt Coverage: 500110's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 500110's interest payments on its debt are well covered by EBIT (6.2x coverage).