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
Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet
Jul 15
Does Oil India (NSE:OIL) Have A Healthy Balance Sheet?
Mar 23Oil 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 13Recent updates
Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet
Jul 15There May Be Reason For Hope In Oil India's (NSE:OIL) Disappointing Earnings
May 27Does 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 11Financial 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.