Borosil Scientific Balance Sheet Health
Financial Health criteria checks 6/6
Borosil Scientific has a total shareholder equity of ₹3.8B and total debt of ₹165.8M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are ₹4.9B and ₹1.2B respectively. Borosil Scientific's EBIT is ₹288.3M making its interest coverage ratio 10.7. It has cash and short-term investments of ₹138.4M.
Key information
4.4%
Debt to equity ratio
₹165.79m
Debt
Interest coverage ratio | 10.7x |
Cash | ₹138.36m |
Equity | ₹3.76b |
Total liabilities | ₹1.17b |
Total assets | ₹4.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544184's short term assets (₹2.9B) exceed its short term liabilities (₹999.9M).
Long Term Liabilities: 544184's short term assets (₹2.9B) exceed its long term liabilities (₹170.0M).
Debt to Equity History and Analysis
Debt Level: 544184's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: 544184's debt to equity ratio has reduced from 23.2% to 4.4% over the past 5 years.
Debt Coverage: 544184's debt is well covered by operating cash flow (181%).
Interest Coverage: 544184's interest payments on its debt are well covered by EBIT (10.7x coverage).