BorgWarner Balance Sheet Health
Financial Health criteria checks 5/6
BorgWarner has a total shareholder equity of $6.3B and total debt of $3.7B, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are $14.1B and $7.8B respectively. BorgWarner's EBIT is $1.3B making its interest coverage ratio 43.6. It has cash and short-term investments of $1.3B.
Key information
59.3%
Debt to equity ratio
US$3.73b
Debt
| Interest coverage ratio | 43.6x |
| Cash | US$1.29b |
| Equity | US$6.29b |
| Total liabilities | US$7.82b |
| Total assets | US$14.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B1WA34's short term assets ($6.0B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: B1WA34's short term assets ($6.0B) exceed its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: B1WA34's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: B1WA34's debt to equity ratio has increased from 46.6% to 59.3% over the past 5 years.
Debt Coverage: B1WA34's debt is well covered by operating cash flow (36.7%).
Interest Coverage: B1WA34's interest payments on its debt are well covered by EBIT (43.6x coverage).