Bharat Petroleum Balance Sheet Health
Financial Health criteria checks 4/6
Bharat Petroleum has a total shareholder equity of ₹756.4B and total debt of ₹546.0B, which brings its debt-to-equity ratio to 72.2%. Its total assets and total liabilities are ₹2,024.2B and ₹1,267.8B respectively. Bharat Petroleum's EBIT is ₹295.0B making its interest coverage ratio 7.4. It has cash and short-term investments of ₹105.8B.
Key information
72.2%
Debt to equity ratio
₹545.99b
Debt
| Interest coverage ratio | 7.4x |
| Cash | ₹105.77b |
| Equity | ₹756.35b |
| Total liabilities | ₹1.27t |
| Total assets | ₹2.02t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500547's short term assets (₹656.9B) do not cover its short term liabilities (₹808.8B).
Long Term Liabilities: 500547's short term assets (₹656.9B) exceed its long term liabilities (₹459.0B).
Debt to Equity History and Analysis
Debt Level: 500547's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: 500547's debt to equity ratio has reduced from 109.8% to 72.2% over the past 5 years.
Debt Coverage: 500547's debt is well covered by operating cash flow (65.8%).
Interest Coverage: 500547's interest payments on its debt are well covered by EBIT (7.4x coverage).