Borosil Scientific Balance Sheet Health
Financial Health criteria checks 6/6
Borosil Scientific has a total shareholder equity of ₹3.9B and total debt of ₹167.6M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ₹4.9B and ₹989.4M respectively. Borosil Scientific's EBIT is ₹388.0M making its interest coverage ratio -77.6. It has cash and short-term investments of ₹132.8M.
Key information
4.3%
Debt to equity ratio
₹167.58m
Debt
| Interest coverage ratio | -77.6x |
| Cash | ₹132.77m |
| Equity | ₹3.91b |
| Total liabilities | ₹989.37m |
| Total assets | ₹4.90b |
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 (₹820.0M).
Long Term Liabilities: 544184's short term assets (₹2.9B) exceed its long term liabilities (₹169.4M).
Debt to Equity History and Analysis
Debt Level: 544184's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 544184's debt to equity ratio has reduced from 16.6% to 4.3% over the past 5 years.
Debt Coverage: 544184's debt is well covered by operating cash flow (147.1%).
Interest Coverage: 544184 earns more interest than it pays, so coverage of interest payments is not a concern.