Gulf Oil Lubricants India Balance Sheet Health
Financial Health criteria checks 6/6
Gulf Oil Lubricants India has a total shareholder equity of ₹12.0B and total debt of ₹4.1B, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are ₹22.3B and ₹10.3B respectively. Gulf Oil Lubricants India's EBIT is ₹3.4B making its interest coverage ratio -9.1. It has cash and short-term investments of ₹7.2B.
Key information
34.4%
Debt to equity ratio
₹4.13b
Debt
| Interest coverage ratio | -9.1x |
| Cash | ₹7.23b |
| Equity | ₹12.01b |
| Total liabilities | ₹10.26b |
| Total assets | ₹22.27b |
Recent financial health updates
Does Gulf Oil Lubricants India (NSE:GULFOILLUB) Have A Healthy Balance Sheet?
Nov 29
These 4 Measures Indicate That Gulf Oil Lubricants India (NSE:GULFOILLUB) Is Using Debt Reasonably Well
Feb 23We Think Gulf Oil Lubricants India (NSE:GULFOILLUB) Can Stay On Top Of Its Debt
May 29These 4 Measures Indicate That Gulf Oil Lubricants India (NSE:GULFOILLUB) Is Using Debt Reasonably Well
Feb 26We Think Gulf Oil Lubricants India (NSE:GULFOILLUB) Can Stay On Top Of Its Debt
Nov 17Recent updates
Little Excitement Around Gulf Oil Lubricants India Limited's (NSE:GULFOILLUB) Earnings
Feb 03Returns On Capital Signal Tricky Times Ahead For Gulf Oil Lubricants India (NSE:GULFOILLUB)
Dec 28Does Gulf Oil Lubricants India (NSE:GULFOILLUB) Have A Healthy Balance Sheet?
Nov 29Gulf Oil Lubricants India (NSE:GULFOILLUB) Has Announced That Its Dividend Will Be Reduced To ₹5.00
Sep 08Gulf Oil Lubricants India (NSE:GULFOILLUB) Has Announced That Its Dividend Will Be Reduced To ₹5.00
Aug 23Gulf Oil Lubricants India (NSE:GULFOILLUB) Is Reducing Its Dividend To ₹5.00
Aug 06These 4 Measures Indicate That Gulf Oil Lubricants India (NSE:GULFOILLUB) Is Using Debt Reasonably Well
Feb 23Returns On Capital Signal Tricky Times Ahead For Gulf Oil Lubricants India (NSE:GULFOILLUB)
Nov 30Gulf Oil Lubricants India's (NSE:GULFOILLUB) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 28Gulf Oil Lubricants India's (NSE:GULFOILLUB) Dividend Will Be Increased To ₹9.00
Aug 14We Think Gulf Oil Lubricants India (NSE:GULFOILLUB) Can Stay On Top Of Its Debt
May 29Estimating The Fair Value Of Gulf Oil Lubricants India Limited (NSE:GULFOILLUB)
Mar 16These 4 Measures Indicate That Gulf Oil Lubricants India (NSE:GULFOILLUB) Is Using Debt Reasonably Well
Feb 26Is It Smart To Buy Gulf Oil Lubricants India Limited (NSE:GULFOILLUB) Before It Goes Ex-Dividend?
Feb 11Gulf Oil Lubricants India Limited's (NSE:GULFOILLUB) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Feb 04Gulf Oil Lubricants India Limited's (NSE:GULFOILLUB) Stock Is Going Strong: Is the Market Following Fundamentals?
Jan 22Here's Why Gulf Oil Lubricants India's (NSE:GULFOILLUB) Statutory Earnings Are Arguably Too Conservative
Jan 09What We Learned About Gulf Oil Lubricants India's (NSE:GULFOILLUB) CEO Pay
Dec 27
Gulf Oil Lubricants India (NSE:GULFOILLUB) Shareholders Booked A 58% Gain In The Last Five Years
Dec 14Is Gulf Oil Lubricants India (NSE:GULFOILLUB) Likely To Turn Things Around?
Dec 01We Think Gulf Oil Lubricants India (NSE:GULFOILLUB) Can Stay On Top Of Its Debt
Nov 17Gulf Oil Lubricants India Limited's (NSE:GULFOILLUB) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Nov 04Is Gulf Oil Lubricants India Limited's (NSE:GULFOILLUB) Latest Stock Performance Being Led By Its Strong Fundamentals?
Oct 14A Quick Analysis On Gulf Oil Lubricants India's (NSE:GULFOILLUB) CEO Salary
Sep 23Here's What We Like About Gulf Oil Lubricants India's (NSE:GULFOILLUB) Upcoming Dividend
Sep 05Some Confidence Is Lacking In Gulf Oil Lubricants India Limited's (NSE:GULFOILLUB) P/E
Aug 18Is It Worth Buying Gulf Oil Lubricants India Limited (NSE:GULFOILLUB) For Its 2.4% Dividend Yield?
Jul 28What Type Of Returns Would Gulf Oil Lubricants India's(NSE:GULFOILLUB) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jul 07Financial Position Analysis
Short Term Liabilities: GULFOILLUB's short term assets (₹18.4B) exceed its short term liabilities (₹9.8B).
Long Term Liabilities: GULFOILLUB's short term assets (₹18.4B) exceed its long term liabilities (₹417.8M).
Debt to Equity History and Analysis
Debt Level: GULFOILLUB has more cash than its total debt.
Reducing Debt: GULFOILLUB's debt to equity ratio has reduced from 61.2% to 34.4% over the past 5 years.
Debt Coverage: GULFOILLUB's debt is well covered by operating cash flow (78.1%).
Interest Coverage: GULFOILLUB earns more interest than it pays, so coverage of interest payments is not a concern.