Transneft Balance Sheet Health
Financial Health criteria checks 5/6
Transneft has a total shareholder equity of RUB2,306.3B and total debt of RUB541.8B, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are RUB3,354.1B and RUB1,047.8B respectively. Transneft's EBIT is RUB233.4B making its interest coverage ratio 11. It has cash and short-term investments of RUB397.2B.
Key information
23.5%
Debt to equity ratio
₽541.76b
Debt
| Interest coverage ratio | 11x |
| Cash | ₽397.24b |
| Equity | ₽2.31t |
| Total liabilities | ₽1.05t |
| Total assets | ₽3.35t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRNFP's short term assets (RUB549.2B) exceed its short term liabilities (RUB302.4B).
Long Term Liabilities: TRNFP's short term assets (RUB549.2B) do not cover its long term liabilities (RUB745.5B).
Debt to Equity History and Analysis
Debt Level: TRNFP's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: TRNFP's debt to equity ratio has reduced from 45.1% to 23.5% over the past 5 years.
Debt Coverage: TRNFP's debt is well covered by operating cash flow (65.1%).
Interest Coverage: TRNFP's interest payments on its debt are well covered by EBIT (11x coverage).