Oil India Balance Sheet Health
Financial Health criteria checks 4/6
Oil India has a total shareholder equity of ₹438.8B and total debt of ₹224.0B, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are ₹805.2B and ₹366.5B respectively. Oil India's EBIT is ₹118.6B making its interest coverage ratio -67.6. It has cash and short-term investments of ₹57.5B.
Key information
51.1%
Debt to equity ratio
₹224.04b
Debt
Interest coverage ratio | -67.6x |
Cash | ₹57.52b |
Equity | ₹438.75b |
Total liabilities | ₹366.47b |
Total assets | ₹805.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533106's short term assets (₹160.2B) exceed its short term liabilities (₹147.7B).
Long Term Liabilities: 533106's short term assets (₹160.2B) do not cover its long term liabilities (₹218.7B).
Debt to Equity History and Analysis
Debt Level: 533106's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: 533106's debt to equity ratio has increased from 49.8% to 51.1% over the past 5 years.
Debt Coverage: 533106's debt is well covered by operating cash flow (45.1%).
Interest Coverage: 533106 earns more interest than it pays, so coverage of interest payments is not a concern.