Continental Petroleums Balance Sheet Health
Financial Health criteria checks 4/6
Continental Petroleums has a total shareholder equity of ₹219.6M and total debt of ₹115.3M, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are ₹448.9M and ₹229.3M respectively. Continental Petroleums's EBIT is ₹61.7M making its interest coverage ratio 4.9. It has cash and short-term investments of ₹22.4M.
Key information
52.5%
Debt to equity ratio
₹115.25m
Debt
Interest coverage ratio | 4.9x |
Cash | ₹22.40m |
Equity | ₹219.56m |
Total liabilities | ₹229.30m |
Total assets | ₹448.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523232's short term assets (₹351.6M) exceed its short term liabilities (₹210.4M).
Long Term Liabilities: 523232's short term assets (₹351.6M) exceed its long term liabilities (₹18.8M).
Debt to Equity History and Analysis
Debt Level: 523232's net debt to equity ratio (42.3%) is considered high.
Reducing Debt: 523232's debt to equity ratio has increased from 41.4% to 52.5% over the past 5 years.
Debt Coverage: 523232's debt is well covered by operating cash flow (40.3%).
Interest Coverage: 523232's interest payments on its debt are well covered by EBIT (4.9x coverage).