Castrol India Balance Sheet Health
Financial Health criteria checks 5/6
Castrol India has a total shareholder equity of ₹21.2B and total debt of ₹769.5M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ₹34.2B and ₹13.0B respectively. Castrol India's EBIT is ₹11.2B making its interest coverage ratio -26.8. It has cash and short-term investments of ₹11.8B.
Key information
3.6%
Debt to equity ratio
₹769.50m
Debt
| Interest coverage ratio | -26.8x |
| Cash | ₹11.83b |
| Equity | ₹21.22b |
| Total liabilities | ₹12.98b |
| Total assets | ₹34.20b |
Recent financial health updates
Recent updates
It's Unlikely That Castrol India Limited's (NSE:CASTROLIND) CEO Will See A Huge Pay Rise This Year
Mar 22
Castrol 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 18We Think Castrol India's (NSE:CASTROLIND) Statutory Profit Might Understate Its Earnings Potential
Oct 03Reflecting on Castrol India's (NSE:CASTROLIND) Share Price Returns Over The Last Five Years
Sep 18What Type Of Shareholders Own The Most Number of Castrol India Limited (NSE:CASTROLIND) Shares?
Sep 03Is Castrol India Limited (NSE:CASTROLIND) The Right Choice For A Smart Dividend Investor?
Aug 17Financial Position Analysis
Short Term Liabilities: CASTROLIND's short term assets (₹23.2B) exceed its short term liabilities (₹12.2B).
Long Term Liabilities: CASTROLIND's short term assets (₹23.2B) exceed its long term liabilities (₹828.0M).
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 3.6% over the past 5 years.
Debt Coverage: CASTROLIND's debt is well covered by operating cash flow (1108.6%).
Interest Coverage: CASTROLIND earns more interest than it pays, so coverage of interest payments is not a concern.