Apax Global Alpha Balance Sheet Health
Financial Health criteria checks 6/6
Apax Global Alpha has a total shareholder equity of €1.3B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €1.3B and €13.0M respectively. Apax Global Alpha's EBIT is €53.8M making its interest coverage ratio 120.7. It has cash and short-term investments of €101.4M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 120.7x |
Cash | €101.38m |
Equity | €1.29b |
Total liabilities | €12.96m |
Total assets | €1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APAX's short term assets (€106.1M) exceed its short term liabilities (€13.0M).
Long Term Liabilities: APAX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: APAX is debt free.
Reducing Debt: APAX had no debt 5 years ago.
Debt Coverage: APAX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: APAX has no debt, therefore coverage of interest payments is not a concern.