Indian Oil Balance Sheet Health
Financial Health criteria checks 2/6
Indian Oil has a total shareholder equity of ₹1,856.2B and total debt of ₹1,534.6B, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are ₹5,103.1B and ₹3,246.9B respectively. Indian Oil's EBIT is ₹264.9B making its interest coverage ratio 5. It has cash and short-term investments of ₹111.2B.
Key information
82.7%
Debt to equity ratio
₹1.53t
Debt
| Interest coverage ratio | 5x |
| Cash | ₹111.22b |
| Equity | ₹1.86t |
| Total liabilities | ₹3.25t |
| Total assets | ₹5.10t |
Recent financial health updates
Indian Oil (NSE:IOC) Has No Shortage Of Debt
Nov 18
Indian Oil (NSE:IOC) Has A Pretty Healthy Balance Sheet
Feb 17Recent updates
Indian Oil (NSE:IOC) Has Some Way To Go To Become A Multi-Bagger
Jan 14There's No Escaping Indian Oil Corporation Limited's (NSE:IOC) Muted Earnings
Dec 06Indian Oil (NSE:IOC) Has No Shortage Of Debt
Nov 18Indian Oil Corporation Limited Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Oct 31Earnings Miss: Indian Oil Corporation Limited Missed EPS By 51% And Analysts Are Revising Their Forecasts
Aug 03Indian 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 24Financial Position Analysis
Short Term Liabilities: IOC's short term assets (₹1,671.3B) do not cover its short term liabilities (₹2,433.1B).
Long Term Liabilities: IOC's short term assets (₹1,671.3B) exceed its long term liabilities (₹813.8B).
Debt to Equity History and Analysis
Debt Level: IOC's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: IOC's debt to equity ratio has increased from 76.8% to 82.7% over the past 5 years.
Debt Coverage: IOC's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: IOC's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 11:23 |
| End of Day Share Price | 2025/01/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Indian Oil Corporation Limited is covered by 71 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vivekanand Subbaraman | Ambit Capital |
| Nitin Bhasin | Ambit Capital |
| Harshraj Aggarwal | Anand Rathi Shares and Stock Brokers Limited |