Oil Country Tubular Balance Sheet Health
Financial Health criteria checks 4/6
Oil Country Tubular has a total shareholder equity of ₹1.8B and total debt of ₹866.8M, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are ₹4.1B and ₹2.3B respectively.
Key information
48.7%
Debt to equity ratio
₹866.82m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹126.76m |
| Equity | ₹1.78b |
| Total liabilities | ₹2.30b |
| Total assets | ₹4.08b |
Financial Position Analysis
Short Term Liabilities: OILCOUNTUB's short term assets (₹611.5M) exceed its short term liabilities (₹274.5M).
Long Term Liabilities: OILCOUNTUB's short term assets (₹611.5M) do not cover its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: OILCOUNTUB's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: OILCOUNTUB's debt to equity ratio has reduced from 726.4% to 48.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: OILCOUNTUB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OILCOUNTUB is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.