Indo Borax & Chemicals Limited

NSEI:INDOBORAX Stock Report

Market Cap: ₹6.0b

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

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 21:57
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Indo Borax & Chemicals Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research