Gulf Oil Lubricants India Balance Sheet Health
Financial Health criteria checks 6/6
Gulf Oil Lubricants India has a total shareholder equity of ₹14.4B and total debt of ₹4.3B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are ₹26.4B and ₹12.0B respectively. Gulf Oil Lubricants India's EBIT is ₹3.9B making its interest coverage ratio -9.4. It has cash and short-term investments of ₹8.9B.
Key information
30.0%
Debt to equity ratio
₹4.32b
Debt
| Interest coverage ratio | -9.4x |
| Cash | ₹8.90b |
| Equity | ₹14.38b |
| Total liabilities | ₹12.04b |
| Total assets | ₹26.43b |
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 26Recent updates
Shareholders May Be More Conservative With Gulf Oil Lubricants India Limited's (NSE:GULFOILLUB) CEO Compensation For Now
Sep 06Gulf Oil Lubricants India Limited's (NSE:GULFOILLUB) Shares Bounce 26% But Its Business Still Trails The Market
Sep 05Gulf Oil Lubricants India Limited's (NSE:GULFOILLUB) Shares Bounce 29% But Its Business Still Trails The Market
Jul 12Little 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 01Financial Position Analysis
Short Term Liabilities: GULFOILLUB's short term assets (₹21.4B) exceed its short term liabilities (₹11.5B).
Long Term Liabilities: GULFOILLUB's short term assets (₹21.4B) exceed its long term liabilities (₹560.0M).
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 43.9% to 30% over the past 5 years.
Debt Coverage: GULFOILLUB's debt is well covered by operating cash flow (76.9%).
Interest Coverage: GULFOILLUB earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 21:17 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gulf Oil Lubricants India Limited is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Manikantha Garre | Axis Capital Limited |
| null null | DBS Bank Ltd |
| Sabri Hazarika | Emkay Global Financial Services Ltd. |