PJSC Tatneft Balance Sheet Health
Financial Health criteria checks 5/6
PJSC Tatneft has a total shareholder equity of RUB943.4B and total debt of RUB32.2B, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are RUB1,502.3B and RUB558.9B respectively. PJSC Tatneft's EBIT is RUB249.1B making its interest coverage ratio -42.4. It has cash and short-term investments of RUB166.0B.
Key information
3.4%
Debt to equity ratio
₽32.17b
Debt
Interest coverage ratio | -42.4x |
Cash | ₽165.99b |
Equity | ₽943.38b |
Total liabilities | ₽558.91b |
Total assets | ₽1.50t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TATNP's short term assets (RUB412.2B) do not cover its short term liabilities (RUB422.1B).
Long Term Liabilities: TATNP's short term assets (RUB412.2B) exceed its long term liabilities (RUB136.8B).
Debt to Equity History and Analysis
Debt Level: TATNP has more cash than its total debt.
Reducing Debt: TATNP's debt to equity ratio has reduced from 7.6% to 3.4% over the past 5 years.
Debt Coverage: TATNP's debt is well covered by operating cash flow (831.4%).
Interest Coverage: TATNP earns more interest than it pays, so coverage of interest payments is not a concern.