Arabian Petroleum Balance Sheet Health
Financial Health criteria checks 3/6
Arabian Petroleum has a total shareholder equity of ₹254.9M and total debt of ₹383.4M, which brings its debt-to-equity ratio to 150.4%. Its total assets and total liabilities are ₹847.3M and ₹592.4M respectively. Arabian Petroleum's EBIT is ₹116.3M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹3.3M.
Key information
150.4%
Debt to equity ratio
₹383.39m
Debt
Interest coverage ratio | 3.7x |
Cash | ₹3.32m |
Equity | ₹254.92m |
Total liabilities | ₹592.36m |
Total assets | ₹847.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARABIAN's short term assets (₹717.0M) exceed its short term liabilities (₹572.2M).
Long Term Liabilities: ARABIAN's short term assets (₹717.0M) exceed its long term liabilities (₹20.2M).
Debt to Equity History and Analysis
Debt Level: ARABIAN's net debt to equity ratio (149.1%) is considered high.
Reducing Debt: Insufficient data to determine if ARABIAN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ARABIAN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ARABIAN's interest payments on its debt are well covered by EBIT (3.7x coverage).