Coal India Balance Sheet Health
Financial Health criteria checks 5/6
Coal India has a total shareholder equity of ₹705.0B and total debt of ₹63.1B, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are ₹2,181.4B and ₹1,476.3B respectively. Coal India's EBIT is ₹321.2B making its interest coverage ratio -14. It has cash and short-term investments of ₹422.8B.
Key information
9.0%
Debt to equity ratio
₹63.13b
Debt
Interest coverage ratio | -14x |
Cash | ₹422.81b |
Equity | ₹705.05b |
Total liabilities | ₹1.48t |
Total assets | ₹2.18t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533278's short term assets (₹1,097.3B) exceed its short term liabilities (₹602.6B).
Long Term Liabilities: 533278's short term assets (₹1,097.3B) exceed its long term liabilities (₹873.8B).
Debt to Equity History and Analysis
Debt Level: 533278 has more cash than its total debt.
Reducing Debt: 533278's debt to equity ratio has increased from 5.2% to 9% over the past 5 years.
Debt Coverage: 533278's debt is well covered by operating cash flow (391.1%).
Interest Coverage: 533278 earns more interest than it pays, so coverage of interest payments is not a concern.