Borouge Balance Sheet Health
Financial Health criteria checks 3/6
Borouge has a total shareholder equity of $4.5B and total debt of $3.2B, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are $8.9B and $4.4B respectively. Borouge's EBIT is $1.6B making its interest coverage ratio 8.2. It has cash and short-term investments of $353.9M.
Key information
69.4%
Debt to equity ratio
US$3.15b
Debt
Interest coverage ratio | 8.2x |
Cash | US$353.92m |
Equity | US$4.55b |
Total liabilities | US$4.40b |
Total assets | US$8.94b |
Recent financial health updates
No updates
Recent updates
We Think Borouge (ADX:BOROUGE) Might Have The DNA Of A Multi-Bagger
Nov 13Estimating The Intrinsic Value Of Borouge plc (ADX:BOROUGE)
Jul 09A Look At The Fair Value Of Borouge plc (ADX:BOROUGE)
Apr 05A Look At The Intrinsic Value Of Borouge plc (ADX:BOROUGE)
Dec 18Borouge plc's (ADX:BOROUGE) Intrinsic Value Is Potentially 38% Above Its Share Price
Sep 04Financial Position Analysis
Short Term Liabilities: BOROUGE's short term assets ($2.0B) exceed its short term liabilities ($900.5M).
Long Term Liabilities: BOROUGE's short term assets ($2.0B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: BOROUGE's net debt to equity ratio (61.6%) is considered high.
Reducing Debt: Insufficient data to determine if BOROUGE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BOROUGE's debt is well covered by operating cash flow (56.1%).
Interest Coverage: BOROUGE's interest payments on its debt are well covered by EBIT (8.2x coverage).