Borosil Balance Sheet Health
Financial Health criteria checks 5/6
Borosil has a total shareholder equity of ₹5.8B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are ₹10.8B and ₹5.0B respectively. Borosil's EBIT is ₹881.3M making its interest coverage ratio 458.3. It has cash and short-term investments of ₹629.6M.
Key information
26.5%
Debt to equity ratio
₹1.54b
Debt
Interest coverage ratio | 458.3x |
Cash | ₹629.58m |
Equity | ₹5.80b |
Total liabilities | ₹5.00b |
Total assets | ₹10.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543212's short term assets (₹4.6B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: 543212's short term assets (₹4.6B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 543212's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 543212's debt to equity ratio has increased from 11.6% to 26.5% over the past 5 years.
Debt Coverage: 543212's debt is well covered by operating cash flow (31.2%).
Interest Coverage: 543212's interest payments on its debt are well covered by EBIT (458.3x coverage).