Provide executive summary, introduction and conclusion for Boral Limited based on insolvency ration analysis findings below:

BORAL LIMITED SOLVENCY ANALYSIS

Debt Ratio According to Birt J et al. (2020), the debt ratio tells us how many liabilities exist per dollar of assets, calculated by the formulae below. = Total liabilities Total assets Boral Limited has maintained a good debt ratio through the period by recording a debt ratio that is less than one translating to more assets than debts. Debt ratio is significant since it does form the basis for accountants' and investors' assessment of whether a business is at risk of defaulting on its obligations once they mature. (Devolder, 2018) A 0.3 to 0.6 ratio is generally considered ideal. The pie chart represents the debt ratios showing 2022 being the riskiest and 2019 least risky. The debt ratio shows the proportion of total assets financed by non-owner-supplied funds. The higher the percentage, the higher the financial risk. (Goel, 2016) The table summary showing debt ratios for Boral Limited from 2017 through 2022 shows that Boral determined funded every 1 dollar of assets with 42 cents, 40 cents,39 cents,51 cents, 42 cents, and 57 cents of debt in the years 2017,2018,2019,2020,2021,2022 respectively. This reflects a medium reliance on debt and, thus, the conclusion that its financial risk is low. The Boral debt ratio is slightly higher than its peers in the industry. Since it has a higher debt ratio, it may be more expensive to do borrowing and probably fall in a crunch if the circumstances alter in comparison to other companies in the industry.

NET INTEREST COVER RATIO Net interest cover ratio = Earnings before interest and taxes (Ross & Jaffe, 2013) Interest expense This helps measure the number of times the companys EBIT covers net finance costs and shows the level of comfort an entity has in making good interest commitments from earnings. (Carlon,2022) Below are Boral limited net interest cover ratios calculations. It is interpreted that the lower the ratio, the more the debt expenses to the company and, therefore, the less capital it can utilize in other ways. (Masosa, 2021) Boral is recording a downward trend in the interest cover ratio. This is worrying, and as a company, it is at risk of bankruptcy. Boral Limited EBIT does not adequately cover its net interest expense, indicating interest-bearing debt under financial strain. In addition, the higher interest costs and higher EBIT throughout the period have declined the net interest cover from 8.98 times in 2017 to -1.77 in 2021 and -0.84 times in 2022. As a result, Boral Limited EBIT cannot cover its interest expense cost and thus represents an inadequate margin. Boral Limited Net interest cover has declined in the five years, eventually becoming negative. This is a terrible trend and a sign to the company. Boral Limited, as of 2021, indicates incredible difficulties in meeting the debt interest expense. A company needs to maintain a positive EBIT and enough to cover the interest expense to survive in an industry. This explains the aspect of its solvency. (Ramlall, 2018)