Petronet LNG Balance Sheet Health
Financial Health criteria checks 5/6
Petronet LNG has a total shareholder equity of ₹174.1B and total debt of ₹30.1B, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are ₹255.2B and ₹81.1B respectively. Petronet LNG's EBIT is ₹48.1B making its interest coverage ratio 17.1. It has cash and short-term investments of ₹74.1B.
Key information
17.3%
Debt to equity ratio
₹30.08b
Debt
Interest coverage ratio | 17.1x |
Cash | ₹74.14b |
Equity | ₹174.10b |
Total liabilities | ₹81.13b |
Total assets | ₹255.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532522's short term assets (₹128.9B) exceed its short term liabilities (₹41.6B).
Long Term Liabilities: 532522's short term assets (₹128.9B) exceed its long term liabilities (₹39.5B).
Debt to Equity History and Analysis
Debt Level: 532522 has more cash than its total debt.
Reducing Debt: 532522's debt to equity ratio has increased from 7.2% to 17.3% over the past 5 years.
Debt Coverage: 532522's debt is well covered by operating cash flow (161.9%).
Interest Coverage: 532522's interest payments on its debt are well covered by EBIT (17.1x coverage).