Apex Investment PSC Balance Sheet Health
Financial Health criteria checks 6/6
Apex Investment PSC has a total shareholder equity of AED1.9B and total debt of AED1.3M, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are AED2.1B and AED196.8M respectively. Apex Investment PSC's EBIT is AED111.2M making its interest coverage ratio 112.3. It has cash and short-term investments of AED1.1B.
Key information
0.07%
Debt to equity ratio
د.إ1.32m
Debt
| Interest coverage ratio | 112.3x |
| Cash | د.إ1.13b |
| Equity | د.إ1.95b |
| Total liabilities | د.إ196.79m |
| Total assets | د.إ2.14b |
Recent financial health updates
No updates
Recent updates
Shareholders Should Be Pleased With Apex Investment PSC's (ADX:APEX) Price
Mar 13
The Return Trends At Apex Investment PSC (ADX:APEX) Look Promising
Jan 13Apex Investment PSC (ADX:APEX) Is Looking To Continue Growing Its Returns On Capital
Aug 23Investors Still Waiting For A Pull Back In Apex Investment PSC (ADX:APEX)
Jun 14Estimating The Intrinsic Value Of Apex Investment PSC (ADX:APEX)
Mar 20With EPS Growth And More, Apex Investment PSC (ADX:APEX) Makes An Interesting Case
Feb 27We Like These Underlying Return On Capital Trends At APEX Investment Company P.S.C (ADX:APEX)
Dec 01APEX Investment Company P.S.C (ADX:APEX) Is Looking To Continue Growing Its Returns On Capital
Jul 18APEX Investment Company P.S.C's (ADX:APEX) Weak Earnings Might Be Worse Than They Appear
May 09What Percentage Of Ras Al Khaimah Cement Company P.S.C. (ADX:RAKCC) Shares Do Insiders Own?
Mar 01Investors Who Bought Ras Al Khaimah Cement Company P.S.C (ADX:RAKCC) Shares Three Years Ago Are Now Up 27%
Dec 17Financial Position Analysis
Short Term Liabilities: APEX's short term assets (AED1.6B) exceed its short term liabilities (AED185.8M).
Long Term Liabilities: APEX's short term assets (AED1.6B) exceed its long term liabilities (AED11.0M).
Debt to Equity History and Analysis
Debt Level: APEX has more cash than its total debt.
Reducing Debt: APEX's debt to equity ratio has reduced from 7.7% to 0.07% over the past 5 years.
Debt Coverage: APEX's debt is well covered by operating cash flow (43745.2%).
Interest Coverage: APEX's interest payments on its debt are well covered by EBIT (112.3x coverage).