Borosil Renewables Balance Sheet Health
Financial Health criteria checks 4/6
Borosil Renewables has a total shareholder equity of ₹9.6B and total debt of ₹4.8B, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are ₹17.3B and ₹7.7B respectively. Borosil Renewables's EBIT is ₹190.6M making its interest coverage ratio 0.7. It has cash and short-term investments of ₹1.7B.
Key information
50.4%
Debt to equity ratio
₹4.84b
Debt
Interest coverage ratio | 0.7x |
Cash | ₹1.65b |
Equity | ₹9.61b |
Total liabilities | ₹7.70b |
Total assets | ₹17.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502219's short term assets (₹6.1B) exceed its short term liabilities (₹3.5B).
Long Term Liabilities: 502219's short term assets (₹6.1B) exceed its long term liabilities (₹4.2B).
Debt to Equity History and Analysis
Debt Level: 502219's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: 502219's debt to equity ratio has increased from 9.5% to 50.4% over the past 5 years.
Debt Coverage: 502219's debt is well covered by operating cash flow (20.4%).
Interest Coverage: 502219's interest payments on its debt are not well covered by EBIT (0.7x coverage).