The debt to equity ratio of Chennai Petroleum Corporation Limited was 4.2 for fiscal year 2021. There was a spike in the value by over 190 percent from previous fiscal year. This ratio was affected by decreasing reserves and increased borrowings.
Value of Chennai Petroleum Corporation Limited's debt to equity ratio in India from financial year 2010 to 2021
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Value of debt to equity ratio
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India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.
Data from previous reports have been used.
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CPCL. (July 26, 2021). Value of Chennai Petroleum Corporation Limited's debt to equity ratio in India from financial year 2010 to 2021 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/998987/india-chennai-petroleum-corporation-limited-debt-equity-ratio/
CPCL. "Value of Chennai Petroleum Corporation Limited's debt to equity ratio in India from financial year 2010 to 2021." Chart. July 26, 2021. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/998987/india-chennai-petroleum-corporation-limited-debt-equity-ratio/
CPCL. (2021). Value of Chennai Petroleum Corporation Limited's debt to equity ratio in India from financial year 2010 to 2021. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/998987/india-chennai-petroleum-corporation-limited-debt-equity-ratio/
CPCL. "Value of Chennai Petroleum Corporation Limited's Debt to Equity Ratio in India from Financial Year 2010 to 2021." Statista, Statista Inc., 26 Jul 2021, https://www.statista.com/statistics/998987/india-chennai-petroleum-corporation-limited-debt-equity-ratio/
CPCL, Value of Chennai Petroleum Corporation Limited's debt to equity ratio in India from financial year 2010 to 2021 Statista, https://www.statista.com/statistics/998987/india-chennai-petroleum-corporation-limited-debt-equity-ratio/ (last visited September 01, 2024)
Value of Chennai Petroleum Corporation Limited's debt to equity ratio in India from financial year 2010 to 2021 [Graph], CPCL, July 26, 2021. [Online]. Available: https://www.statista.com/statistics/998987/india-chennai-petroleum-corporation-limited-debt-equity-ratio/