Gujarat State Petronet Balance Sheet Health
Financial Health criteria checks 5/6
Gujarat State Petronet has a total shareholder equity of ₹132.2B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹179.6B and ₹47.4B respectively. Gujarat State Petronet's EBIT is ₹26.5B making its interest coverage ratio -43.5. It has cash and short-term investments of ₹13.0B.
Key information
1.1%
Debt to equity ratio
₹1.45b
Debt
Interest coverage ratio | -43.5x |
Cash | ₹13.03b |
Equity | ₹132.22b |
Total liabilities | ₹47.43b |
Total assets | ₹179.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532702's short term assets (₹31.0B) do not cover its short term liabilities (₹31.2B).
Long Term Liabilities: 532702's short term assets (₹31.0B) exceed its long term liabilities (₹16.2B).
Debt to Equity History and Analysis
Debt Level: 532702 has more cash than its total debt.
Reducing Debt: 532702's debt to equity ratio has reduced from 117.9% to 1.1% over the past 5 years.
Debt Coverage: 532702's debt is well covered by operating cash flow (1801.9%).
Interest Coverage: 532702 earns more interest than it pays, so coverage of interest payments is not a concern.