APA Group Balance Sheet Health
Financial Health criteria checks 1/6
APA Group has a total shareholder equity of A$3.2B and total debt of A$13.0B, which brings its debt-to-equity ratio to 399.3%. Its total assets and total liabilities are A$19.6B and A$16.3B respectively. APA Group's EBIT is A$1.9B making its interest coverage ratio 3.2. It has cash and short-term investments of A$684.0M.
Key information
399.3%
Debt to equity ratio
AU$12.97b
Debt
| Interest coverage ratio | 3.2x |
| Cash | AU$684.00m |
| Equity | AU$3.25b |
| Total liabilities | AU$16.32b |
| Total assets | AU$19.56b |
Recent financial health updates
We Think APA Group (ASX:APA) Is Taking Some Risk With Its Debt
Oct 11
These 4 Measures Indicate That APA Group (ASX:APA) Is Using Debt Extensively
Mar 21Recent updates
APA Group's (ASX:APA) Price Is Right But Growth Is Lacking
Nov 01We Think APA Group (ASX:APA) Is Taking Some Risk With Its Debt
Oct 11Earnings Miss: APA Group Missed EPS By 13% And Analysts Are Revising Their Forecasts
Aug 29APA Group (ASX:APA) Shares Could Be 43% Below Their Intrinsic Value Estimate
Jul 15APA Group's (ASX:APA) Dividend Will Be Increased To A$0.295
Jun 24Earnings Working Against APA Group's (ASX:APA) Share Price
Apr 12These 4 Measures Indicate That APA Group (ASX:APA) Is Using Debt Extensively
Mar 21Financial Position Analysis
Short Term Liabilities: APA's short term assets (A$1.4B) do not cover its short term liabilities (A$2.9B).
Long Term Liabilities: APA's short term assets (A$1.4B) do not cover its long term liabilities (A$13.5B).
Debt to Equity History and Analysis
Debt Level: APA's net debt to equity ratio (378.3%) is considered high.
Reducing Debt: APA's debt to equity ratio has increased from 297.2% to 399.3% over the past 5 years.
Debt Coverage: APA's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: APA's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 20:47 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
APA Group is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | APP Securities Pty Ltd. |
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Dale Koenders | Barrenjoey Markets Pty Limited |