Bharat Petroleum Balance Sheet Health
Financial Health criteria checks 4/6
Bharat Petroleum has a total shareholder equity of ₹771.1B and total debt of ₹491.9B, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are ₹2,112.3B and ₹1,341.2B respectively. Bharat Petroleum's EBIT is ₹187.5B making its interest coverage ratio 8.3. It has cash and short-term investments of ₹138.1B.
Key information
63.8%
Debt to equity ratio
₹491.87b
Debt
| Interest coverage ratio | 8.3x |
| Cash | ₹138.05b |
| Equity | ₹771.08b |
| Total liabilities | ₹1.34t |
| Total assets | ₹2.11t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500547's short term assets (₹703.0B) do not cover its short term liabilities (₹886.7B).
Long Term Liabilities: 500547's short term assets (₹703.0B) exceed its long term liabilities (₹454.5B).
Debt to Equity History and Analysis
Debt Level: 500547's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: 500547's debt to equity ratio has reduced from 107.5% to 63.8% over the past 5 years.
Debt Coverage: 500547's debt is well covered by operating cash flow (21%).
Interest Coverage: 500547's interest payments on its debt are well covered by EBIT (8.3x coverage).