APA Group Balance Sheet Health
Financial Health criteria checks 2/6
APA Group has a total shareholder equity of A$3.6B and total debt of A$13.3B, which brings its debt-to-equity ratio to 363.8%. Its total assets and total liabilities are A$20.0B and A$16.4B respectively. APA Group's EBIT is A$1.8B making its interest coverage ratio 3.6. It has cash and short-term investments of A$1.5B.
Key information
363.8%
Debt to equity ratio
AU$13.26b
Debt
Interest coverage ratio | 3.6x |
Cash | AU$1.46b |
Equity | AU$3.64b |
Total liabilities | AU$16.39b |
Total assets | AU$20.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PJZ's short term assets (A$2.0B) exceed its short term liabilities (A$1.6B).
Long Term Liabilities: PJZ's short term assets (A$2.0B) do not cover its long term liabilities (A$14.8B).
Debt to Equity History and Analysis
Debt Level: PJZ's net debt to equity ratio (323.9%) is considered high.
Reducing Debt: PJZ's debt to equity ratio has increased from 267.3% to 363.8% over the past 5 years.
Debt Coverage: PJZ's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: PJZ's interest payments on its debt are well covered by EBIT (3.6x coverage).