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.