GP Petroleums Balance Sheet Health
Financial Health criteria checks 5/6
GP Petroleums has a total shareholder equity of ₹2.9B and total debt of ₹297.0M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are ₹3.7B and ₹794.8M respectively. GP Petroleums's EBIT is ₹342.2M making its interest coverage ratio 18.5. It has cash and short-term investments of ₹6.4M.
Key information
10.2%
Debt to equity ratio
₹296.95m
Debt
Interest coverage ratio | 18.5x |
Cash | ₹6.36m |
Equity | ₹2.90b |
Total liabilities | ₹794.78m |
Total assets | ₹3.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532543's short term assets (₹2.9B) exceed its short term liabilities (₹665.0M).
Long Term Liabilities: 532543's short term assets (₹2.9B) exceed its long term liabilities (₹129.8M).
Debt to Equity History and Analysis
Debt Level: 532543's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: 532543's debt to equity ratio has reduced from 48.2% to 10.2% over the past 5 years.
Debt Coverage: 532543's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 532543's interest payments on its debt are well covered by EBIT (18.5x coverage).