APi Group Balance Sheet Health
Financial Health criteria checks 3/6
APi Group has a total shareholder equity of $3.0B and total debt of $2.9B, which brings its debt-to-equity ratio to 96.3%. Its total assets and total liabilities are $8.2B and $5.3B respectively. APi Group's EBIT is $439.0M making its interest coverage ratio 3.5. It has cash and short-term investments of $487.0M.
Key information
96.3%
Debt to equity ratio
US$2.86b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$487.00m |
| Equity | US$2.97b |
| Total liabilities | US$5.28b |
| Total assets | US$8.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4XY's short term assets ($2.7B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: 4XY's short term assets ($2.7B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: 4XY's net debt to equity ratio (79.8%) is considered high.
Reducing Debt: 4XY's debt to equity ratio has increased from 57.2% to 96.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 4XY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 4XY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.3% per year.