Indian Oil Balance Sheet Health
Financial Health criteria checks 3/6
Indian Oil has a total shareholder equity of ₹1,710.0B and total debt of ₹1,154.2B, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are ₹4,576.2B and ₹2,866.2B respectively. Indian Oil's EBIT is ₹734.8B making its interest coverage ratio 27. It has cash and short-term investments of ₹136.1B.
Key information
67.5%
Debt to equity ratio
₹1.15t
Debt
| Interest coverage ratio | 27x |
| Cash | ₹136.11b |
| Equity | ₹1.71t |
| Total liabilities | ₹2.87t |
| Total assets | ₹4.58t |
Recent financial health updates
Indian Oil (NSE:IOC) Has A Pretty Healthy Balance Sheet
Feb 17
Indian Oil (NSE:IOC) Takes On Some Risk With Its Use Of Debt
Sep 12Indian Oil (NSE:IOC) Seems To Be Using A Lot Of Debt
Jun 08Indian Oil (NSE:IOC) Has No Shortage Of Debt
Dec 26Indian Oil (NSE:IOC) Seems To Be Using A Lot Of Debt
Sep 22Indian Oil (NSE:IOC) Takes On Some Risk With Its Use Of Debt
Jun 24Recent updates
Indian Oil Corporation Limited (NSE:IOC) Held Back By Insufficient Growth Even After Shares Climb 29%
Feb 23Indian Oil (NSE:IOC) Has A Pretty Healthy Balance Sheet
Feb 17Indian Oil Corporation Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Jan 27Indian Oil (NSE:IOC) Is Reinvesting To Multiply In Value
Jan 24There's No Escaping Indian Oil Corporation Limited's (NSE:IOC) Muted Earnings
Dec 29Indian Oil (NSE:IOC) Could Be Struggling To Allocate Capital
Oct 07Indian Oil (NSE:IOC) Takes On Some Risk With Its Use Of Debt
Sep 12Returns On Capital At Indian Oil (NSE:IOC) Paint A Concerning Picture
Jun 29Indian Oil (NSE:IOC) Seems To Be Using A Lot Of Debt
Jun 08There Are Reasons To Feel Uneasy About Indian Oil's (NSE:IOC) Returns On Capital
Mar 12Indian Oil (NSE:IOC) Has No Shortage Of Debt
Dec 26Returns On Capital At Indian Oil (NSE:IOC) Paint A Concerning Picture
Nov 27Indian Oil (NSE:IOC) Seems To Be Using A Lot Of Debt
Sep 22Indian Oil Corporation Limited (NSE:IOC) Shares Could Be 31% Above Their Intrinsic Value Estimate
Aug 31Indian Oil (NSE:IOC) Might Be Having Difficulty Using Its Capital Effectively
Aug 10Indian Oil (NSE:IOC) Takes On Some Risk With Its Use Of Debt
Jun 24Indian Oil Corporation Limited's (NSE:IOC) Intrinsic Value Is Potentially 18% Below Its Share Price
Jun 02Indian Oil's (NSE:IOC) Returns Have Hit A Wall
May 12Indian Oil Corporation Limited's (NSE:IOC) Intrinsic Value Is Potentially 22% Below Its Share Price
Feb 25Financial Position Analysis
Short Term Liabilities: IOC's short term assets (₹1,593.6B) do not cover its short term liabilities (₹2,031.0B).
Long Term Liabilities: IOC's short term assets (₹1,593.6B) exceed its long term liabilities (₹835.2B).
Debt to Equity History and Analysis
Debt Level: IOC's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: IOC's debt to equity ratio has increased from 51.7% to 67.5% over the past 5 years.
Debt Coverage: IOC's debt is well covered by operating cash flow (82.4%).
Interest Coverage: IOC's interest payments on its debt are well covered by EBIT (27x coverage).