Petronet LNG Balance Sheet Health
Financial Health criteria checks 5/6
Petronet LNG has a total shareholder equity of ₹164.9B and total debt of ₹31.9B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₹243.6B and ₹78.7B respectively. Petronet LNG's EBIT is ₹45.3B making its interest coverage ratio -128.4. It has cash and short-term investments of ₹78.4B.
Key information
19.3%
Debt to equity ratio
₹31.87b
Debt
| Interest coverage ratio | -128.4x |
| Cash | ₹78.37b |
| Equity | ₹164.85b |
| Total liabilities | ₹78.70b |
| Total assets | ₹243.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532522's short term assets (₹131.6B) exceed its short term liabilities (₹34.7B).
Long Term Liabilities: 532522's short term assets (₹131.6B) exceed its long term liabilities (₹44.0B).
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 9% to 19.3% over the past 5 years.
Debt Coverage: 532522's debt is well covered by operating cash flow (124.6%).
Interest Coverage: 532522 earns more interest than it pays, so coverage of interest payments is not a concern.