Inter State Oil Carrier Balance Sheet Health
Financial Health criteria checks 2/6
Inter State Oil Carrier has a total shareholder equity of ₹187.3M and total debt of ₹200.2M, which brings its debt-to-equity ratio to 106.9%. Its total assets and total liabilities are ₹458.0M and ₹270.7M respectively. Inter State Oil Carrier's EBIT is ₹20.9M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹6.8M.
Key information
106.9%
Debt to equity ratio
₹200.22m
Debt
Interest coverage ratio | 1.2x |
Cash | ₹6.76m |
Equity | ₹187.29m |
Total liabilities | ₹270.70m |
Total assets | ₹457.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530259's short term assets (₹237.9M) exceed its short term liabilities (₹198.1M).
Long Term Liabilities: 530259's short term assets (₹237.9M) exceed its long term liabilities (₹72.6M).
Debt to Equity History and Analysis
Debt Level: 530259's net debt to equity ratio (103.3%) is considered high.
Reducing Debt: 530259's debt to equity ratio has increased from 77.2% to 106.9% over the past 5 years.
Debt Coverage: 530259's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 530259's interest payments on its debt are not well covered by EBIT (1.2x coverage).