Continental Petroleums Balance Sheet Health
Financial Health criteria checks 6/6
Continental Petroleums has a total shareholder equity of ₹266.9M and total debt of ₹89.1M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are ₹583.0M and ₹316.1M respectively. Continental Petroleums's EBIT is ₹56.3M making its interest coverage ratio 10.4. It has cash and short-term investments of ₹22.5M.
Key information
33.4%
Debt to equity ratio
₹89.09m
Debt
| Interest coverage ratio | 10.4x |
| Cash | ₹22.48m |
| Equity | ₹266.87m |
| Total liabilities | ₹316.09m |
| Total assets | ₹582.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523232's short term assets (₹489.8M) exceed its short term liabilities (₹303.8M).
Long Term Liabilities: 523232's short term assets (₹489.8M) exceed its long term liabilities (₹12.2M).
Debt to Equity History and Analysis
Debt Level: 523232's net debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: 523232's debt to equity ratio has reduced from 67.4% to 33.4% over the past 5 years.
Debt Coverage: 523232's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 523232's interest payments on its debt are well covered by EBIT (10.4x coverage).