Oil Country Tubular Balance Sheet Health
Financial Health criteria checks 4/6
Oil Country Tubular has a total shareholder equity of ₹2.2B and total debt of ₹680.4M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are ₹4.7B and ₹2.5B respectively.
Key information
30.7%
Debt to equity ratio
₹680.35m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹25.84m |
| Equity | ₹2.22b |
| Total liabilities | ₹2.46b |
| Total assets | ₹4.67b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: OILCOUNTUB's short term assets (₹458.2M) do not cover its short term liabilities (₹460.7M).
Long Term Liabilities: OILCOUNTUB's short term assets (₹458.2M) do not cover its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: OILCOUNTUB's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: OILCOUNTUB's debt to equity ratio has reduced from 187.2% to 30.7% 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: Whilst unprofitable OILCOUNTUB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OILCOUNTUB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.3% per year.