Apex Foods Balance Sheet Health
Financial Health criteria checks 6/6
Apex Foods has a total shareholder equity of BDT736.8M and total debt of BDT2.6M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are BDT1.1B and BDT362.5M respectively. Apex Foods's EBIT is BDT67.8M making its interest coverage ratio -3. It has cash and short-term investments of BDT373.5M.
Key information
0.4%
Debt to equity ratio
৳2.61m
Debt
| Interest coverage ratio | -3x |
| Cash | ৳373.48m |
| Equity | ৳736.76m |
| Total liabilities | ৳362.48m |
| Total assets | ৳1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APEXFOODS's short term assets (BDT730.3M) exceed its short term liabilities (BDT324.7M).
Long Term Liabilities: APEXFOODS's short term assets (BDT730.3M) exceed its long term liabilities (BDT37.8M).
Debt to Equity History and Analysis
Debt Level: APEXFOODS has more cash than its total debt.
Reducing Debt: APEXFOODS's debt to equity ratio has reduced from 120.5% to 0.4% over the past 5 years.
Debt Coverage: APEXFOODS's debt is well covered by operating cash flow (5285.8%).
Interest Coverage: APEXFOODS earns more interest than it pays, so coverage of interest payments is not a concern.