Indo Borax & Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Indo Borax & Chemicals has a total shareholder equity of ₹2.7B and total debt of ₹327.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are ₹2.9B and ₹159.3M respectively. Indo Borax & Chemicals's EBIT is ₹470.5M making its interest coverage ratio -19.9. It has cash and short-term investments of ₹1.2B.
Key information
0.01%
Debt to equity ratio
₹327.00k
Debt
Interest coverage ratio | -19.9x |
Cash | ₹1.21b |
Equity | ₹2.72b |
Total liabilities | ₹159.28m |
Total assets | ₹2.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524342's short term assets (₹1.8B) exceed its short term liabilities (₹130.5M).
Long Term Liabilities: 524342's short term assets (₹1.8B) exceed its long term liabilities (₹28.8M).
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 0.01% over the past 5 years.
Debt Coverage: 524342's debt is well covered by operating cash flow (176043.4%).
Interest Coverage: 524342 earns more interest than it pays, so coverage of interest payments is not a concern.