Reliance Industries (RELIANCE.NS) Debt Metrics
Market Cap: $17.40T
Avg Volume: 11.74M
Industry: Oil & Gas Refining & Marketing
Sector: Energy
How much debt does Reliance Industries have?
According to Reliance Industries's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Reliance Industries's total debt stands at $3.46T. This is broken down into:
- Long-term debt: $2.40T
- Short-term debt: $1.06T
The company's net debt, which accounts for cash and cash equivalents, is $2.49T. In terms of overall financial obligations, Reliance Industries's total liabilities amount to $8.30T.
Debt Ratios and Metrics
To better understand Reliance Industries's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.44 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 19.71% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 5.20 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 21.92% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 30.37% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Reliance Industries's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$3.46T
Long-term Debt
$2.40T
Short-term Debt
$1.06T
Net Debt
$2.49T
Total Liabilities
$8.30T
Interest Coverage
5.20
Debt to Equity Ratio
0.44
Debt Ratio
19.71%
Reliance Industries Historical Debt Metrics
Reliance Industries Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $3.46T | $2.40T | $1.06T | $2.49T | $8.30T | 0.44 | 19.71% | 5.20 | 21.92% | 30.37% |
| 2022 | $3.34T | $1.99T | $1.35T | $2.80T | $7.79T | 0.47 | 20.80% | 5.24 | 20.37% | 31.84% |
| 2021 | $2.82T | $2.01T | $812.68B | $2.33T | $6.11T | 0.36 | 18.80% | 5.49 | 19.41% | 26.56% |
| 2020 | $2.60T | $1.71T | $894.94B | $2.37T | $5.22T | 0.37 | 19.69% | 2.99 | 18.95% | 27.09% |
| 2019 | $3.45T | $2.05T | $1.40T | $3.10T | $7.05T | 0.77 | 29.59% | 3.39 | 30.56% | 43.44% |
| 2018 | $2.88T | $2.08T | $799.99B | $2.84T | $6.07T | 0.74 | 28.68% | 4.23 | 34.90% | 42.62% |
| 2017 | $2.19T | $1.44T | $745.88B | $2.16T | $5.19T | 0.75 | 26.80% | 6.57 | 32.94% | 42.70% |
| 2016 | $1.97T | $1.52T | $444.52B | $1.96T | $4.40T | 0.75 | 27.82% | 10.98 | 36.59% | 42.71% |
| 2015 | $1.81T | $1.42T | $390.19B | $1.71T | $3.59T | 0.74 | 29.87% | 12.50 | 36.76% | 42.63% |
| 2014 | $1.61T | $1.21T | $400.85B | $1.49T | $2.83T | 0.74 | 31.89% | 10.42 | 35.60% | 42.40% |
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