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 17Indian 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 22Recent updates
Indian 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 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 10Financial 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).