BorgWarner Balance Sheet Health
Financial Health criteria checks 5/6
BorgWarner has a total shareholder equity of $6.1B and total debt of $3.8B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are $14.5B and $8.4B respectively. BorgWarner's EBIT is $1.2B making its interest coverage ratio 32.8. It has cash and short-term investments of $1.5B.
Key information
61.9%
Debt to equity ratio
US$3.75b
Debt
Interest coverage ratio | 32.8x |
Cash | US$1.53b |
Equity | US$6.07b |
Total liabilities | US$8.39b |
Total assets | US$14.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BWA *'s short term assets ($6.2B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: BWA *'s short term assets ($6.2B) exceed its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: BWA *'s net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: BWA *'s debt to equity ratio has increased from 48.7% to 61.9% over the past 5 years.
Debt Coverage: BWA *'s debt is well covered by operating cash flow (37.2%).
Interest Coverage: BWA *'s interest payments on its debt are well covered by EBIT (32.8x coverage).