Apogee Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Apogee Enterprises has a total shareholder equity of $506.4M and total debt of $62.0M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are $917.1M and $410.7M respectively. Apogee Enterprises's EBIT is $157.6M making its interest coverage ratio 39.5. It has cash and short-term investments of $51.8M.
Key information
12.2%
Debt to equity ratio
US$62.00m
Debt
| Interest coverage ratio | 39.5x |
| Cash | US$51.81m |
| Equity | US$506.42m |
| Total liabilities | US$410.67m |
| Total assets | US$917.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANP's short term assets ($393.8M) exceed its short term liabilities ($238.8M).
Long Term Liabilities: ANP's short term assets ($393.8M) exceed its long term liabilities ($171.8M).
Debt to Equity History and Analysis
Debt Level: ANP's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: ANP's debt to equity ratio has reduced from 54.2% to 12.2% over the past 5 years.
Debt Coverage: ANP's debt is well covered by operating cash flow (331.8%).
Interest Coverage: ANP's interest payments on its debt are well covered by EBIT (39.5x coverage).