Indo Borax & Chemicals Limited

NSEI:INDOBORAX Stock Report

Market Cap: ₹5.6b

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 ₹496.2M making its interest coverage ratio -8.2. It has cash and short-term investments of ₹1.4B.

Key information

3.0%

Debt to equity ratio

₹95.42m

Debt

Interest coverage ratio-8.2x
Cash₹1.38b
Equity₹3.16b
Total liabilities₹274.84m
Total assets₹3.43b

Recent financial health updates

No updates

Recent updates

There's No Escaping Indo Borax & Chemicals Limited's (NSE:INDOBORAX) Muted Earnings Despite A 26% Share Price Rise

Sep 06
There's No Escaping Indo Borax & Chemicals Limited's (NSE:INDOBORAX) Muted Earnings Despite A 26% Share Price Rise

Indo Borax & Chemicals (NSE:INDOBORAX) Has Affirmed Its Dividend Of ₹1.00

Aug 03
Indo Borax & Chemicals (NSE:INDOBORAX) Has Affirmed Its Dividend Of ₹1.00

Indo Borax & Chemicals Limited (NSE:INDOBORAX) Surges 30% Yet Its Low P/E Is No Reason For Excitement

Jul 03
Indo Borax & Chemicals Limited (NSE:INDOBORAX) Surges 30% Yet Its Low P/E Is No Reason For Excitement

There May Be Reason For Hope In Indo Borax & Chemicals' (NSE:INDOBORAX) Disappointing Earnings

Jun 08
There May Be Reason For Hope In Indo Borax & Chemicals' (NSE:INDOBORAX) Disappointing Earnings

Returns on Capital Paint A Bright Future For Indo Borax & Chemicals (NSE:INDOBORAX)

Feb 14
Returns on Capital Paint A Bright Future For Indo Borax & Chemicals (NSE:INDOBORAX)

Indo Borax & Chemicals Limited's (NSE:INDOBORAX) Shares Leap 29% Yet They're Still Not Telling The Full Story

Jan 07
Indo Borax & Chemicals Limited's (NSE:INDOBORAX) Shares Leap 29% Yet They're Still Not Telling The Full Story

Should You Be Adding Indo Borax & Chemicals (NSE:INDOBORAX) To Your Watchlist Today?

Dec 21
Should You Be Adding Indo Borax & Chemicals (NSE:INDOBORAX) To Your Watchlist Today?

Indo Borax & Chemicals' (NSE:INDOBORAX) Dividend Will Be ₹1.00

Aug 11
Indo Borax & Chemicals' (NSE:INDOBORAX) Dividend Will Be ₹1.00

Do Indo Borax & Chemicals' (NSE:INDOBORAX) Earnings Warrant Your Attention?

Jul 25
Do Indo Borax & Chemicals' (NSE:INDOBORAX) Earnings Warrant Your Attention?

Investors Shouldn't Overlook Indo Borax & Chemicals' (NSE:INDOBORAX) Impressive Returns On Capital

Mar 29
Investors Shouldn't Overlook Indo Borax & Chemicals' (NSE:INDOBORAX) Impressive Returns On Capital

Not Many Are Piling Into Indo Borax & Chemicals Limited (NSE:INDOBORAX) Stock Yet As It Plummets 28%

Jun 01
Not Many Are Piling Into Indo Borax & Chemicals Limited (NSE:INDOBORAX) Stock Yet As It Plummets 28%

Financial Position Analysis

Short Term Liabilities: INDOBORAX's short term assets (₹2.3B) exceed its short term liabilities (₹245.9M).

Long Term Liabilities: INDOBORAX's short term assets (₹2.3B) exceed its long term liabilities (₹29.0M).

Debt to Equity History and Analysis

Debt Level: INDOBORAX has more cash than its total debt.

Reducing Debt: INDOBORAX's debt to equity ratio has increased from 0% to 3% over the past 5 years.

Debt Coverage: INDOBORAX's debt is not well covered by operating cash flow (3%).

Interest Coverage: INDOBORAX earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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