Oil India Balance Sheet Health

Financial Health criteria checks 5/6

Oil India has a total shareholder equity of ₹526.3B and total debt of ₹236.4B, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are ₹921.5B and ₹395.3B respectively. Oil India's EBIT is ₹103.8B making its interest coverage ratio -27.4. It has cash and short-term investments of ₹69.0B.

Key information

44.9%

Debt to equity ratio

₹236.40b

Debt

Interest coverage ratio-27.4x
Cash₹68.96b
Equity₹526.26b
Total liabilities₹395.27b
Total assets₹921.53b

Recent financial health updates

Recent updates

There May Be Reason For Hope In Oil India's (NSE:OIL) Disappointing Earnings

May 27
There May Be Reason For Hope In Oil India's (NSE:OIL) Disappointing Earnings

Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?

Mar 23
Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?

A Look At The Intrinsic Value Of Oil India Limited (NSE:OIL)

Mar 05
A Look At The Intrinsic Value Of Oil India Limited (NSE:OIL)

There's No Escaping Oil India Limited's (NSE:OIL) Muted Earnings Despite A 25% Share Price Rise

Feb 13
There's No Escaping Oil India Limited's (NSE:OIL) Muted Earnings Despite A 25% Share Price Rise

Oil India Limited's (NSE:OIL) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Dec 27
Oil India Limited's (NSE:OIL) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet

Dec 23
Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet

Oil India's (NSE:OIL) Dividend Is Being Reduced To ₹3.50

Nov 11
Oil India's (NSE:OIL) Dividend Is Being Reduced To ₹3.50

Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet

Sep 19
Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet

A Look At The Fair Value Of Oil India Limited (NSE:OIL)

Jul 14
A Look At The Fair Value Of Oil India Limited (NSE:OIL)

Oil India (NSE:OIL) Seems To Use Debt Quite Sensibly

May 31
Oil India (NSE:OIL) Seems To Use Debt Quite Sensibly

We Think Oil India (NSE:OIL) Can Stay On Top Of Its Debt

Feb 13
We Think Oil India (NSE:OIL) Can Stay On Top Of Its Debt

Industry Analysts Just Upgraded Their Oil India Limited (NSE:OIL) Revenue Forecasts By 19%

Nov 26
Industry Analysts Just Upgraded Their Oil India Limited (NSE:OIL) Revenue Forecasts By 19%

Oil India (NSE:OIL) Is Increasing Its Dividend To ₹4.50

Nov 14
Oil India (NSE:OIL) Is Increasing Its Dividend To ₹4.50

Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?

Nov 13
Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?

Oil India's (NSE:OIL) Dividend Will Be Increased To ₹5.00

Sep 04
Oil India's (NSE:OIL) Dividend Will Be Increased To ₹5.00

Here's Why Oil India (NSE:OIL) Has Caught The Eye Of Investors

Jul 29
Here's Why Oil India (NSE:OIL) Has Caught The Eye Of Investors

Estimating The Fair Value Of Oil India Limited (NSE:OIL)

Jul 11
Estimating The Fair Value Of Oil India Limited (NSE:OIL)

Financial Position Analysis

Short Term Liabilities: OIL's short term assets (₹167.4B) exceed its short term liabilities (₹143.6B).

Long Term Liabilities: OIL's short term assets (₹167.4B) do not cover its long term liabilities (₹251.7B).


Debt to Equity History and Analysis

Debt Level: OIL's net debt to equity ratio (31.8%) is considered satisfactory.

Reducing Debt: OIL's debt to equity ratio has reduced from 52.2% to 44.9% over the past 5 years.

Debt Coverage: OIL's debt is well covered by operating cash flow (46.2%).

Interest Coverage: OIL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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