APQ Global Balance Sheet Health
Financial Health criteria checks 2/6
APQ Global has a total shareholder equity of $19.5M and total debt of $37.0M, which brings its debt-to-equity ratio to 189.5%. Its total assets and total liabilities are $57.3M and $37.7M respectively. APQ Global's EBIT is $16.0M making its interest coverage ratio 7.3. It has cash and short-term investments of $587.5K.
Key information
189.5%
Debt to equity ratio
US$37.03m
Debt
| Interest coverage ratio | 7.3x |
| Cash | US$587.51k |
| Equity | US$19.53m |
| Total liabilities | US$37.74m |
| Total assets | US$57.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APQ's short term assets ($9.3M) do not cover its short term liabilities ($37.7M).
Long Term Liabilities: APQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: APQ's net debt to equity ratio (186.5%) is considered high.
Reducing Debt: APQ's debt to equity ratio has increased from 45.2% to 189.5% over the past 5 years.
Debt Coverage: APQ's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: APQ's interest payments on its debt are well covered by EBIT (7.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:43 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
APQ Global Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ian Poulter | Progressive Equity Research |