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
These 4 Measures Indicate That GP Petroleums (NSE:GULFPETRO) Is Using Debt Reasonably Well
Jan 12
These 4 Measures Indicate That GP Petroleums (NSE:GULFPETRO) Is Using Debt Reasonably Well
Aug 08Is GP Petroleums (NSE:GULFPETRO) Using Too Much Debt?
Jun 17Here's Why GP Petroleums (NSE:GULFPETRO) Can Manage Its Debt Responsibly
Feb 21Does GP Petroleums (NSE:GULFPETRO) Have A Healthy Balance Sheet?
Nov 22Does GP Petroleums (NSE:GULFPETRO) Have A Healthy Balance Sheet?
Jun 13Recent updates
Capital Allocation Trends At GP Petroleums (NSE:GULFPETRO) Aren't Ideal
Mar 01GP Petroleums Limited's (NSE:GULFPETRO) Shares Leap 36% Yet They're Still Not Telling The Full Story
Jan 30These 4 Measures Indicate That GP Petroleums (NSE:GULFPETRO) Is Using Debt Reasonably Well
Jan 12These 4 Measures Indicate That GP Petroleums (NSE:GULFPETRO) Is Using Debt Reasonably Well
Aug 08Calculating The Fair Value Of GP Petroleums Limited (NSE:GULFPETRO)
Mar 10Is GP Petroleums (NSE:GULFPETRO) Using Too Much Debt?
Jun 17GP Petroleums (NSE:GULFPETRO) Could Be Struggling To Allocate Capital
May 10Here's Why GP Petroleums (NSE:GULFPETRO) Can Manage Its Debt Responsibly
Feb 21Estimating The Intrinsic Value Of GP Petroleums Limited (NSE:GULFPETRO)
Jan 24Does GP Petroleums (NSE:GULFPETRO) Have A Healthy Balance Sheet?
Nov 22Does GP Petroleums (NSE:GULFPETRO) Have A Healthy Balance Sheet?
Jun 13Is GP Petroleums (NSE:GULFPETRO) Likely To Turn Things Around?
Mar 10GP Petroleums Limited's (NSE:GULFPETRO) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 11Is GP Petroleums (NSE:GULFPETRO) Using Too Much Debt?
Jan 05The Trends At GP Petroleums (NSE:GULFPETRO) That You Should Know About
Dec 09
Are GP Petroleums Limited's (NSE:GULFPETRO) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Nov 13GP Petroleums (NSE:GULFPETRO) Seems To Use Debt Quite Sensibly
Sep 15Is There More Growth In Store For GP Petroleums' (NSE:GULFPETRO) Returns On Capital?
Aug 19We Think GP Petroleums's (NSE:GULFPETRO) Statutory Profit Might Understate Its Earnings Potential
Jul 29Financial Position Analysis
Short Term Liabilities: GULFPETRO's short term assets (₹2.9B) exceed its short term liabilities (₹665.0M).
Long Term Liabilities: GULFPETRO's short term assets (₹2.9B) exceed its long term liabilities (₹129.8M).
Debt to Equity History and Analysis
Debt Level: GULFPETRO's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: GULFPETRO's debt to equity ratio has reduced from 48.2% to 10.2% over the past 5 years.
Debt Coverage: GULFPETRO's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: GULFPETRO's interest payments on its debt are well covered by EBIT (18.5x coverage).