Indo Borax & Chemicals Balance Sheet Health
Financial Health criteria checks 4/6
Indo Borax & Chemicals has a total shareholder equity of ₹3.2B and total debt of ₹95.4M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ₹3.4B and ₹274.8M respectively. Indo Borax & Chemicals's EBIT is ₹476.9M making its interest coverage ratio -7.9. It has cash and short-term investments of ₹1.4B.
Key information
3.0%
Debt to equity ratio
₹95.42m
Debt
| Interest coverage ratio | -7.9x |
| Cash | ₹1.38b |
| Equity | ₹3.16b |
| Total liabilities | ₹274.84m |
| Total assets | ₹3.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524342's short term assets (₹2.3B) exceed its short term liabilities (₹245.9M).
Long Term Liabilities: 524342's short term assets (₹2.3B) exceed its long term liabilities (₹29.0M).
Debt to Equity History and Analysis
Debt Level: 524342 has more cash than its total debt.
Reducing Debt: 524342's debt to equity ratio has increased from 0% to 3% over the past 5 years.
Debt Coverage: 524342's debt is not well covered by operating cash flow (3%).
Interest Coverage: 524342 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 12:12 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Indo Borax & Chemicals Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anil Burra | FirstCall Research |