Castrol India Balance Sheet Health
Financial Health criteria checks 5/6
Castrol India has a total shareholder equity of ₹21.3B and total debt of ₹733.3M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are ₹34.8B and ₹13.4B respectively. Castrol India's EBIT is ₹11.5B making its interest coverage ratio -27.8. It has cash and short-term investments of ₹12.6B.
Key information
3.4%
Debt to equity ratio
₹733.30m
Debt
| Interest coverage ratio | -27.8x |
| Cash | ₹12.63b |
| Equity | ₹21.33b |
| Total liabilities | ₹13.44b |
| Total assets | ₹34.78b |
Recent financial health updates
Does Castrol India (NSE:CASTROLIND) Have A Healthy Balance Sheet?
Nov 10
Is Castrol India (NSE:CASTROLIND) Using Too Much Debt?
Jun 14Recent updates
Does Castrol India (NSE:CASTROLIND) Have A Healthy Balance Sheet?
Nov 10If EPS Growth Is Important To You, Castrol India (NSE:CASTROLIND) Presents An Opportunity
Sep 20Castrol India Limited's (NSE:CASTROLIND) Shares Bounce 39% But Its Business Still Trails The Market
Jul 05It's Unlikely That Castrol India Limited's (NSE:CASTROLIND) CEO Will See A Huge Pay Rise This Year
Mar 22Castrol India Limited (NSE:CASTROLIND) Surges 34% Yet Its Low P/E Is No Reason For Excitement
Jan 06Castrol India Limited (NSE:CASTROLIND) Shares Could Be 25% Above Their Intrinsic Value Estimate
Nov 25Castrol India (NSE:CASTROLIND) Is Due To Pay A Dividend Of ₹3.00
Aug 03Is Castrol India (NSE:CASTROLIND) Using Too Much Debt?
Jun 14Castrol India's (NSE:CASTROLIND) Upcoming Dividend Will Be Larger Than Last Year's
Aug 04Estimating The Intrinsic Value Of Castrol India Limited (NSE:CASTROLIND)
Dec 24Estimating The Fair Value Of Castrol India Limited (NSE:CASTROLIND)
May 31How Does Castrol India Limited (NSE:CASTROLIND) Fare As A Dividend Stock?
Mar 10Here's Why Castrol India's (NSE:CASTROLIND) Statutory Earnings Are Arguably Too Conservative
Feb 17Calculating The Fair Value Of Castrol India Limited (NSE:CASTROLIND)
Jan 31If You Had Bought Castrol India's (NSE:CASTROLIND) Shares Five Years Ago You Would Be Down 37%
Jan 14
Castrol India Limited's (NSE:CASTROLIND) Stock Is Going Strong: Have Financials A Role To Play?
Dec 27Do Institutions Own Castrol India Limited (NSE:CASTROLIND) Shares?
Dec 09Could Castrol India Limited (NSE:CASTROLIND) Have The Makings Of Another Dividend Aristocrat?
Nov 18Three Days Left To Buy Castrol India Limited (NSE:CASTROLIND) Before The Ex-Dividend Date
Oct 31Calculating The Intrinsic Value Of Castrol India Limited (NSE:CASTROLIND)
Oct 18Financial Position Analysis
Short Term Liabilities: CASTROLIND's short term assets (₹24.2B) exceed its short term liabilities (₹12.7B).
Long Term Liabilities: CASTROLIND's short term assets (₹24.2B) exceed its long term liabilities (₹777.5M).
Debt to Equity History and Analysis
Debt Level: CASTROLIND has more cash than its total debt.
Reducing Debt: CASTROLIND's debt to equity ratio has increased from 0% to 3.4% over the past 5 years.
Debt Coverage: CASTROLIND's debt is well covered by operating cash flow (1459.6%).
Interest Coverage: CASTROLIND earns more interest than it pays, so coverage of interest payments is not a concern.