Apogee Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Apogee Enterprises has a total shareholder equity of $480.0M and total debt of $77.0M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are $889.0M and $409.0M respectively. Apogee Enterprises's EBIT is $153.8M making its interest coverage ratio 30.3. It has cash and short-term investments of $31.7M.
Key information
16.0%
Debt to equity ratio
US$77.00m
Debt
Interest coverage ratio | 30.3x |
Cash | US$31.70m |
Equity | US$479.96m |
Total liabilities | US$409.02m |
Total assets | US$888.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANP's short term assets ($372.5M) exceed its short term liabilities ($227.1M).
Long Term Liabilities: ANP's short term assets ($372.5M) exceed its long term liabilities ($181.9M).
Debt to Equity History and Analysis
Debt Level: ANP's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: ANP's debt to equity ratio has reduced from 60.5% to 16% over the past 5 years.
Debt Coverage: ANP's debt is well covered by operating cash flow (244.6%).
Interest Coverage: ANP's interest payments on its debt are well covered by EBIT (30.3x coverage).