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
397.8%
Debt to equity ratio
AU$12.92b
Debt
| Interest coverage ratio | 3x |
| Cash | AU$676.00m |
| Equity | AU$3.25b |
| Total liabilities | AU$16.32b |
| Total assets | AU$19.56b |
Recent financial health updates
These 4 Measures Indicate That APA Group (ASX:APA) Is Using Debt Extensively
Mar 21
Is APA Group (ASX:APA) A Risky Investment?
Apr 06These 4 Measures Indicate That APA Group (ASX:APA) Is Using Debt Extensively
Oct 09Does APA Group (ASX:APA) Have A Healthy Balance Sheet?
Mar 16APA Group (ASX:APA) Takes On Some Risk With Its Use Of Debt
Oct 30APA Group (ASX:APA) Has A Somewhat Strained Balance Sheet
Jun 21Recent updates
Earnings 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 21APA Group's (ASX:APA) Business Is Yet to Catch Up With Its Share Price
Dec 18Are Investors Undervaluing APA Group (ASX:APA) By 44%?
Jul 27Are Investors Undervaluing APA Group (ASX:APA) By 38%?
Apr 24Is APA Group (ASX:APA) A Risky Investment?
Apr 06APA Group's (ASX:APA) Intrinsic Value Is Potentially 37% Above Its Share Price
Jan 20These 4 Measures Indicate That APA Group (ASX:APA) Is Using Debt Extensively
Oct 09APA Group (ASX:APA) Shares Could Be 40% Below Their Intrinsic Value Estimate
Sep 04APA Group (ASX:APA) Is Increasing Its Dividend To AU$0.28
Jun 26Are Investors Undervaluing APA Group (ASX:APA) By 46%?
May 26Does APA Group (ASX:APA) Have A Healthy Balance Sheet?
Mar 16APA Group (ASX:APA) Takes On Some Risk With Its Use Of Debt
Oct 30APA Group (ASX:APA) Is Looking To Continue Growing Its Returns On Capital
Jul 31APA Group (ASX:APA) Has Announced A Dividend Of AU$0.27
Jun 26APA Group (ASX:APA) Has A Somewhat Strained Balance Sheet
Jun 21APA Group (ASX:APA) Shares Could Be 46% Below Their Intrinsic Value Estimate
May 19APA Group (ASX:APA) Is Looking To Continue Growing Its Returns On Capital
Apr 16Here's Why APA Group (ASX:APA) Has A Meaningful Debt Burden
Mar 16APA Group's (ASX:APA) Conservative Accounting Might Explain Soft Earnings
Mar 01Here's What Analysts Are Forecasting For APA Group (ASX:APA) After Its Half-Year Results
Feb 25Financial 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).