Indian Oil Balance Sheet Health
Financial Health criteria checks 2/6
Indian Oil has a total shareholder equity of ₹1,856.2B and total debt of ₹1,534.6B, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are ₹5,103.1B and ₹3,246.9B respectively. Indian Oil's EBIT is ₹264.9B making its interest coverage ratio 5. It has cash and short-term investments of ₹111.2B.
Key information
82.7%
Debt to equity ratio
₹1.53t
Debt
| Interest coverage ratio | 5x |
| Cash | ₹111.22b |
| Equity | ₹1.86t |
| Total liabilities | ₹3.25t |
| Total assets | ₹5.10t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530965's short term assets (₹1,671.3B) do not cover its short term liabilities (₹2,433.1B).
Long Term Liabilities: 530965's short term assets (₹1,671.3B) exceed its long term liabilities (₹813.8B).
Debt to Equity History and Analysis
Debt Level: 530965's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: 530965's debt to equity ratio has increased from 76.8% to 82.7% over the past 5 years.
Debt Coverage: 530965's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: 530965's interest payments on its debt are well covered by EBIT (5x coverage).