Oil India Balance Sheet Health
Financial Health criteria checks 4/6
Oil India has a total shareholder equity of ₹438.8B and total debt of ₹224.0B, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are ₹805.2B and ₹366.5B respectively. Oil India's EBIT is ₹118.6B making its interest coverage ratio -67.6. It has cash and short-term investments of ₹57.5B.
Key information
51.1%
Debt to equity ratio
₹224.04b
Debt
| Interest coverage ratio | -67.6x |
| Cash | ₹57.52b |
| Equity | ₹438.75b |
| Total liabilities | ₹366.47b |
| Total assets | ₹805.22b |
Recent financial health updates
Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?
Mar 23
Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet
Dec 23Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet
Sep 19Oil India (NSE:OIL) Seems To Use Debt Quite Sensibly
May 31We Think Oil India (NSE:OIL) Can Stay On Top Of Its Debt
Feb 13Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?
Nov 13Recent updates
Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?
Mar 23A Look At The Intrinsic Value Of Oil India Limited (NSE:OIL)
Mar 05There's No Escaping Oil India Limited's (NSE:OIL) Muted Earnings Despite A 25% Share Price Rise
Feb 13Oil India Limited's (NSE:OIL) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Dec 27Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet
Dec 23Oil India's (NSE:OIL) Dividend Is Being Reduced To ₹3.50
Nov 11Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet
Sep 19A Look At The Fair Value Of Oil India Limited (NSE:OIL)
Jul 14Oil India (NSE:OIL) Seems To Use Debt Quite Sensibly
May 31We Think Oil India (NSE:OIL) Can Stay On Top Of Its Debt
Feb 13Industry Analysts Just Upgraded Their Oil India Limited (NSE:OIL) Revenue Forecasts By 19%
Nov 26Oil India (NSE:OIL) Is Increasing Its Dividend To ₹4.50
Nov 14Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?
Nov 13Oil India's (NSE:OIL) Dividend Will Be Increased To ₹5.00
Sep 04Here's Why Oil India (NSE:OIL) Has Caught The Eye Of Investors
Jul 29Estimating The Fair Value Of Oil India Limited (NSE:OIL)
Jul 11Oil India (NSE:OIL) Seems To Use Debt Quite Sensibly
Jun 01Financial Position Analysis
Short Term Liabilities: OIL's short term assets (₹160.2B) exceed its short term liabilities (₹147.7B).
Long Term Liabilities: OIL's short term assets (₹160.2B) do not cover its long term liabilities (₹218.7B).
Debt to Equity History and Analysis
Debt Level: OIL's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: OIL's debt to equity ratio has increased from 49.8% to 51.1% over the past 5 years.
Debt Coverage: OIL's debt is well covered by operating cash flow (45.1%).
Interest Coverage: OIL earns more interest than it pays, so coverage of interest payments is not a concern.