Indo Borax & Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Indo Borax & Chemicals has a total shareholder equity of ₹2.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.1B and ₹178.5M respectively. Indo Borax & Chemicals's EBIT is ₹404.6M making its interest coverage ratio 6744.1. It has cash and short-term investments of ₹1.6B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 6744.1x |
| Cash | ₹1.59b |
| Equity | ₹2.93b |
| Total liabilities | ₹178.55m |
| Total assets | ₹3.11b |
Recent financial health updates
No updates
Recent updates
Indo Borax & Chemicals Limited (NSE:INDOBORAX) Surges 30% Yet Its Low P/E Is No Reason For Excitement
Jul 03
There May Be Reason For Hope In Indo Borax & Chemicals' (NSE:INDOBORAX) Disappointing Earnings
Jun 08Returns on Capital Paint A Bright Future For Indo Borax & Chemicals (NSE:INDOBORAX)
Feb 14Indo Borax & Chemicals Limited's (NSE:INDOBORAX) Shares Leap 29% Yet They're Still Not Telling The Full Story
Jan 07Should You Be Adding Indo Borax & Chemicals (NSE:INDOBORAX) To Your Watchlist Today?
Dec 21Indo Borax & Chemicals' (NSE:INDOBORAX) Dividend Will Be ₹1.00
Aug 11Do Indo Borax & Chemicals' (NSE:INDOBORAX) Earnings Warrant Your Attention?
Jul 25Investors Shouldn't Overlook Indo Borax & Chemicals' (NSE:INDOBORAX) Impressive Returns On Capital
Mar 29Not Many Are Piling Into Indo Borax & Chemicals Limited (NSE:INDOBORAX) Stock Yet As It Plummets 28%
Jun 01Financial Position Analysis
Short Term Liabilities: INDOBORAX's short term assets (₹2.0B) exceed its short term liabilities (₹152.5M).
Long Term Liabilities: INDOBORAX's short term assets (₹2.0B) exceed its long term liabilities (₹26.1M).
Debt to Equity History and Analysis
Debt Level: INDOBORAX is debt free.
Reducing Debt: INDOBORAX had no debt 5 years ago.
Debt Coverage: INDOBORAX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: INDOBORAX has no debt, therefore coverage of interest payments is not a concern.