BorgWarner Balance Sheet Health
Financial Health criteria checks 4/6
BorgWarner has a total shareholder equity of $6.4B and total debt of $4.6B, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are $15.1B and $8.8B respectively. BorgWarner's EBIT is $1.2B making its interest coverage ratio 45.6. It has cash and short-term investments of $2.0B.
Key information
72.3%
Debt to equity ratio
US$4.59b
Debt
| Interest coverage ratio | 45.6x |
| Cash | US$2.00b |
| Equity | US$6.35b |
| Total liabilities | US$8.79b |
| Total assets | US$15.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B1WA34's short term assets ($6.9B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: B1WA34's short term assets ($6.9B) exceed its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: B1WA34's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: B1WA34's debt to equity ratio has increased from 45.3% to 72.3% over the past 5 years.
Debt Coverage: B1WA34's debt is well covered by operating cash flow (33.6%).
Interest Coverage: B1WA34's interest payments on its debt are well covered by EBIT (45.6x coverage).