Inter State Oil Carrier Balance Sheet Health
Financial Health criteria checks 3/6
Inter State Oil Carrier has a total shareholder equity of ₹185.5M and total debt of ₹222.7M, which brings its debt-to-equity ratio to 120%. Its total assets and total liabilities are ₹459.1M and ₹273.6M respectively. Inter State Oil Carrier's EBIT is ₹22.2M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹7.5M.
Key information
120.0%
Debt to equity ratio
₹222.66m
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹7.45m |
| Equity | ₹185.48m |
| Total liabilities | ₹273.60m |
| Total assets | ₹459.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530259's short term assets (₹223.3M) exceed its short term liabilities (₹197.1M).
Long Term Liabilities: 530259's short term assets (₹223.3M) exceed its long term liabilities (₹76.5M).
Debt to Equity History and Analysis
Debt Level: 530259's net debt to equity ratio (116%) is considered high.
Reducing Debt: 530259's debt to equity ratio has increased from 67.3% to 120% over the past 5 years.
Debt Coverage: 530259's debt is well covered by operating cash flow (24.2%).
Interest Coverage: 530259's interest payments on its debt are not well covered by EBIT (1.4x coverage).