Hindustan Oil Exploration Balance Sheet Health
Financial Health criteria checks 5/6
Hindustan Oil Exploration has a total shareholder equity of ₹10.9B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ₹18.4B and ₹7.5B respectively. Hindustan Oil Exploration's EBIT is ₹3.0B making its interest coverage ratio 19.7. It has cash and short-term investments of ₹838.3M.
Key information
21.5%
Debt to equity ratio
₹2.35b
Debt
Interest coverage ratio | 19.7x |
Cash | ₹838.29m |
Equity | ₹10.90b |
Total liabilities | ₹7.50b |
Total assets | ₹18.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500186's short term assets (₹4.3B) exceed its short term liabilities (₹3.9B).
Long Term Liabilities: 500186's short term assets (₹4.3B) exceed its long term liabilities (₹3.6B).
Debt to Equity History and Analysis
Debt Level: 500186's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: 500186's debt to equity ratio has increased from 1.8% to 21.5% over the past 5 years.
Debt Coverage: 500186's debt is well covered by operating cash flow (82%).
Interest Coverage: 500186's interest payments on its debt are well covered by EBIT (19.7x coverage).