Tamilnadu Petroproducts Balance Sheet Health
Financial Health criteria checks 6/6
Tamilnadu Petroproducts has a total shareholder equity of ₹8.4B and total debt of ₹277.8M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ₹10.8B and ₹2.4B respectively. Tamilnadu Petroproducts's EBIT is ₹541.5M making its interest coverage ratio -4. It has cash and short-term investments of ₹4.0B.
Key information
3.3%
Debt to equity ratio
₹277.80m
Debt
Interest coverage ratio | -4x |
Cash | ₹4.05b |
Equity | ₹8.42b |
Total liabilities | ₹2.38b |
Total assets | ₹10.79b |
Recent financial health updates
We Think Tamilnadu Petroproducts (NSE:TNPETRO) Can Stay On Top Of Its Debt
Mar 23Here's Why Tamilnadu Petroproducts (NSE:TNPETRO) Can Manage Its Debt Responsibly
Dec 08Here's Why Tamilnadu Petroproducts (NSE:TNPETRO) Can Manage Its Debt Responsibly
Aug 26Recent updates
A Look At The Fair Value Of Tamilnadu Petroproducts Limited (NSE:TNPETRO)
Apr 04Be Wary Of Tamilnadu Petroproducts (NSE:TNPETRO) And Its Returns On Capital
Oct 26Tamilnadu Petroproducts (NSE:TNPETRO) Is Paying Out Less In Dividends Than Last Year
Sep 11Tamilnadu Petroproducts' (NSE:TNPETRO) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 28Tamilnadu Petroproducts' (NSE:TNPETRO) Dividend Will Be Reduced To ₹1.50
Aug 11Returns On Capital At Tamilnadu Petroproducts (NSE:TNPETRO) Have Hit The Brakes
Mar 29Under The Bonnet, Tamilnadu Petroproducts' (NSE:TNPETRO) Returns Look Impressive
Jun 18Calculating The Fair Value Of Tamilnadu Petroproducts Limited (NSE:TNPETRO)
May 26If You Like EPS Growth Then Check Out Tamilnadu Petroproducts (NSE:TNPETRO) Before It's Too Late
Apr 03Tamilnadu Petroproducts (NSE:TNPETRO) Is Very Good At Capital Allocation
Jan 04A Look At The Fair Value Of Tamilnadu Petroproducts Limited (NSE:TNPETRO)
Sep 14Tamilnadu Petroproducts (NSE:TNPETRO) Will Pay A Larger Dividend Than Last Year At ₹2.50
Aug 25Tamilnadu Petroproducts (NSE:TNPETRO) Has Announced That It Will Be Increasing Its Dividend To ₹2.50
Aug 11Is Now The Time To Put Tamilnadu Petroproducts (NSE:TNPETRO) On Your Watchlist?
Aug 09Returns At Tamilnadu Petroproducts (NSE:TNPETRO) Are On The Way Up
Jun 04We Think Tamilnadu Petroproducts (NSE:TNPETRO) Can Stay On Top Of Its Debt
Mar 23Has Tamilnadu Petroproducts Limited's (NSE:TNPETRO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Mar 02Is Tamilnadu Petroproducts Limited (NSE:TNPETRO) A Smart Choice For Dividend Investors?
Feb 09Can Tamilnadu Petroproducts (NSE:TNPETRO) Continue To Grow Its Returns On Capital?
Jan 19If You Had Bought Tamilnadu Petroproducts (NSE:TNPETRO) Stock Five Years Ago, You Could Pocket A 105% Gain Today
Dec 29Here's Why Tamilnadu Petroproducts (NSE:TNPETRO) Can Manage Its Debt Responsibly
Dec 08We Wouldn't Rely On Tamilnadu Petroproducts's (NSE:TNPETRO) Statutory Earnings As A Guide
Nov 16Shareholders Are Loving Tamilnadu Petroproducts Limited's (NSE:TNPETRO) 4.2% Yield
Oct 21Why You Might Be Interested In Tamilnadu Petroproducts Limited (NSE:TNPETRO) For Its Upcoming Dividend
Aug 28Here's Why Tamilnadu Petroproducts (NSE:TNPETRO) Can Manage Its Debt Responsibly
Aug 26A Look At The Fair Value Of Tamilnadu Petroproducts Limited (NSE:TNPETRO)
Jul 23What To Know Before Buying Tamilnadu Petroproducts Limited (NSE:TNPETRO) For Its Dividend
Jul 02Financial Position Analysis
Short Term Liabilities: TNPETRO's short term assets (₹6.9B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: TNPETRO's short term assets (₹6.9B) exceed its long term liabilities (₹832.0M).
Debt to Equity History and Analysis
Debt Level: TNPETRO has more cash than its total debt.
Reducing Debt: TNPETRO's debt to equity ratio has reduced from 9.5% to 3.3% over the past 5 years.
Debt Coverage: TNPETRO's debt is well covered by operating cash flow (387.4%).
Interest Coverage: TNPETRO earns more interest than it pays, so coverage of interest payments is not a concern.