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 ₹177.7M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are ₹4.9B and ₹1.2B respectively. Borosil Scientific's EBIT is ₹336.0M making its interest coverage ratio -271.4. It has cash and short-term investments of ₹121.3M.
Key information
4.7%
Debt to equity ratio
₹177.71m
Debt
| Interest coverage ratio | -271.4x |
| Cash | ₹121.29m |
| 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: BOROSCI's short term assets (₹2.9B) exceed its short term liabilities (₹999.9M).
Long Term Liabilities: BOROSCI's short term assets (₹2.9B) exceed its long term liabilities (₹170.0M).
Debt to Equity History and Analysis
Debt Level: BOROSCI's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: BOROSCI's debt to equity ratio has reduced from 19.7% to 4.7% over the past 5 years.
Debt Coverage: BOROSCI's debt is well covered by operating cash flow (168.8%).
Interest Coverage: BOROSCI earns more interest than it pays, so coverage of interest payments is not a concern.