Chennai Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
Chennai Petroleum has a total shareholder equity of ₹78.2B and total debt of ₹34.2B, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are ₹181.9B and ₹103.6B respectively. Chennai Petroleum's EBIT is ₹49.8B making its interest coverage ratio 20. It has cash and short-term investments of ₹577.6M.
Key information
43.7%
Debt to equity ratio
₹34.23b
Debt
| Interest coverage ratio | 20x |
| Cash | ₹577.60m |
| Equity | ₹78.25b |
| Total liabilities | ₹103.63b |
| Total assets | ₹181.88b |
Recent financial health updates
These 4 Measures Indicate That Chennai Petroleum (NSE:CHENNPETRO) Is Using Debt Reasonably Well
Mar 15
Is Chennai Petroleum (NSE:CHENNPETRO) A Risky Investment?
Nov 18These 4 Measures Indicate That Chennai Petroleum (NSE:CHENNPETRO) Is Using Debt Reasonably Well
Jul 06Is Chennai Petroleum (NSE:CHENNPETRO) A Risky Investment?
Mar 16Chennai Petroleum (NSE:CHENNPETRO) Has A Somewhat Strained Balance Sheet
Dec 01Chennai Petroleum (NSE:CHENNPETRO) Takes On Some Risk With Its Use Of Debt
Apr 30Recent updates
Insufficient Growth At Chennai Petroleum Corporation Limited (NSE:CHENNPETRO) Hampers Share Price
Apr 20These 4 Measures Indicate That Chennai Petroleum (NSE:CHENNPETRO) Is Using Debt Reasonably Well
Mar 15Calculating The Intrinsic Value Of Chennai Petroleum Corporation Limited (NSE:CHENNPETRO)
Feb 13Investors Shouldn't Overlook Chennai Petroleum's (NSE:CHENNPETRO) Impressive Returns On Capital
Jan 04Is Chennai Petroleum (NSE:CHENNPETRO) A Risky Investment?
Nov 18A Look Into Chennai Petroleum's (NSE:CHENNPETRO) Impressive Returns On Capital
Sep 17These 4 Measures Indicate That Chennai Petroleum (NSE:CHENNPETRO) Is Using Debt Reasonably Well
Jul 06Statutory Profit Doesn't Reflect How Good Chennai Petroleum's (NSE:CHENNPETRO) Earnings Are
May 05Is Chennai Petroleum (NSE:CHENNPETRO) A Risky Investment?
Mar 16Chennai Petroleum (NSE:CHENNPETRO) Has A Somewhat Strained Balance Sheet
Dec 01Calculating The Fair Value Of Chennai Petroleum Corporation Limited (NSE:CHENNPETRO)
Jun 07Chennai Petroleum (NSE:CHENNPETRO) Takes On Some Risk With Its Use Of Debt
Apr 30Here's What's Concerning About Chennai Petroleum's (NSE:CHENNPETRO) Returns On Capital
Mar 03Returns At Chennai Petroleum (NSE:CHENNPETRO) Appear To Be Weighed Down
Oct 07These 4 Measures Indicate That Chennai Petroleum (NSE:CHENNPETRO) Is Using Debt In A Risky Way
Aug 23Returns on Capital Paint A Bright Future For Chennai Petroleum (NSE:CHENNPETRO)
Jun 11Chennai Petroleum (NSE:CHENNPETRO) Has A Somewhat Strained Balance Sheet
Apr 30What Is The Ownership Structure Like For Chennai Petroleum Corporation Limited (NSE:CHENNPETRO)?
Mar 20How Should Investors React To Chennai Petroleum's (NSE:CHENNPETRO) CEO Pay?
Jan 26Would Shareholders Who Purchased Chennai Petroleum's (NSE:CHENNPETRO) Stock Three Years Be Happy With The Share price Today?
Dec 06Here's What Chennai Petroleum Corporation Limited's (NSE:CHENNPETRO) Shareholder Ownership Structure Looks Like
Oct 14How Much Did Chennai Petroleum's(NSE:CHENNPETRO) Shareholders Earn From Share Price Movements Over The Last Three Years?
Aug 22
Financial Position Analysis
Short Term Liabilities: CHENNPETRO's short term assets (₹98.9B) exceed its short term liabilities (₹79.9B).
Long Term Liabilities: CHENNPETRO's short term assets (₹98.9B) exceed its long term liabilities (₹23.7B).
Debt to Equity History and Analysis
Debt Level: CHENNPETRO's net debt to equity ratio (43%) is considered high.
Reducing Debt: CHENNPETRO's debt to equity ratio has reduced from 100.3% to 43.7% over the past 5 years.
Debt Coverage: CHENNPETRO's debt is well covered by operating cash flow (152.5%).
Interest Coverage: CHENNPETRO's interest payments on its debt are well covered by EBIT (20x coverage).