Oil and Natural Gas Corporation Limited

NSEI:ONGC Stock Report

Mkt Cap: ₹1.8t

Oil and Natural Gas Financial Health

How is Oil and Natural Gas's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ONGC's short term assets (₹1,349.4B) do not cover its short term liabilities (₹1,414.2B).

Long Term Liabilities: ONGC's short term assets (₹1,349.4B) do not cover its long term liabilities (₹1,899.2B).


Debt to Equity History and Analysis

Debt Level: ONGC's net debt to equity ratio (35.8%) is considered satisfactory.

Reducing Debt: ONGC's debt to equity ratio has increased from 42.6% to 48.1% over the past 5 years.

Debt Coverage: ONGC's debt is well covered by operating cash flow (47.6%).

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


Balance Sheet


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