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
Borosil Renewables (NSE:BORORENEW) Has A Somewhat Strained Balance Sheet
Jan 04
Here's Why Borosil Renewables (NSE:BORORENEW) Has A Meaningful Debt Burden
Feb 02Borosil Renewables (NSE:BORORENEW) Has A Pretty Healthy Balance Sheet
Jun 29Borosil Renewables (NSE:BORORENEW) Has A Pretty Healthy Balance Sheet
Nov 17Borosil Renewables (NSE:BORORENEW) Has A Somewhat Strained Balance Sheet
Jul 23
Recent updates
A Piece Of The Puzzle Missing From Borosil Renewables Limited's (NSE:BORORENEW) 33% Share Price Climb
Jan 24Borosil Renewables (NSE:BORORENEW) Has A Somewhat Strained Balance Sheet
Jan 04Here's Why Borosil Renewables (NSE:BORORENEW) Has A Meaningful Debt Burden
Feb 02Does Borosil Renewables (NSE:BORORENEW) Deserve A Spot On Your Watchlist?
Sep 23Borosil Renewables (NSE:BORORENEW) Has A Pretty Healthy Balance Sheet
Jun 29I Ran A Stock Scan For Earnings Growth And Borosil Renewables (NSE:BORORENEW) Passed With Ease
Jun 14I Ran A Stock Scan For Earnings Growth And Borosil Renewables (NSE:BORORENEW) Passed With Ease
Dec 09Borosil Renewables (NSE:BORORENEW) Has A Pretty Healthy Balance Sheet
Nov 17Borosil Renewables Limited's (NSE:BORORENEW) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 01Borosil Renewables (NSE:BORORENEW) Shareholders Have Enjoyed A 61% Share Price Gain
Dec 28What Is The Ownership Structure Like For Borosil Renewables Limited (NSE:BORORENEW)?
Aug 26Borosil Renewables (NSE:BORORENEW) Has A Somewhat Strained Balance Sheet
Jul 23Are You An Income Investor? Don't Miss Out On Borosil Renewables Limited (NSE:BORORENEW)
Jun 26Financial Position Analysis
Short Term Liabilities: BORORENEW's short term assets (₹6.1B) exceed its short term liabilities (₹3.5B).
Long Term Liabilities: BORORENEW's short term assets (₹6.1B) exceed its long term liabilities (₹4.2B).
Debt to Equity History and Analysis
Debt Level: BORORENEW's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: BORORENEW's debt to equity ratio has increased from 9.5% to 50.4% over the past 5 years.
Debt Coverage: BORORENEW's debt is well covered by operating cash flow (20.4%).
Interest Coverage: BORORENEW's interest payments on its debt are not well covered by EBIT (0.7x coverage).