Apollo Tyres Balance Sheet Health
Financial Health criteria checks 6/6
Apollo Tyres has a total shareholder equity of ₹129.8B and total debt of ₹55.3B, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are ₹263.9B and ₹134.1B respectively. Apollo Tyres's EBIT is ₹29.6B making its interest coverage ratio 6. It has cash and short-term investments of ₹9.4B.
Key information
42.6%
Debt to equity ratio
₹55.33b
Debt
| Interest coverage ratio | 6x |
| Cash | ₹9.39b |
| Equity | ₹129.82b |
| Total liabilities | ₹134.10b |
| Total assets | ₹263.92b |
Recent financial health updates
We Think Apollo Tyres (NSE:APOLLOTYRE) Can Stay On Top Of Its Debt
Feb 29
Here's Why Apollo Tyres (NSE:APOLLOTYRE) Can Manage Its Debt Responsibly
Nov 09We Think Apollo Tyres (NSE:APOLLOTYRE) Can Stay On Top Of Its Debt
Jun 23Does Apollo Tyres (NSE:APOLLOTYRE) Have A Healthy Balance Sheet?
Mar 13These 4 Measures Indicate That Apollo Tyres (NSE:APOLLOTYRE) Is Using Debt Extensively
Dec 02Is Apollo Tyres (NSE:APOLLOTYRE) A Risky Investment?
Aug 28Recent updates
Apollo Tyres Limited's (NSE:APOLLOTYRE) Prospects Need A Boost To Lift Shares
Mar 27We Think Apollo Tyres (NSE:APOLLOTYRE) Can Stay On Top Of Its Debt
Feb 29Earnings Beat: Apollo Tyres Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 10Apollo Tyres (NSE:APOLLOTYRE) Is Looking To Continue Growing Its Returns On Capital
Feb 06Why Apollo Tyres Limited (NSE:APOLLOTYRE) Could Be Worth Watching
Jan 23Is Now The Time To Put Apollo Tyres (NSE:APOLLOTYRE) On Your Watchlist?
Jan 10Apollo Tyres Limited's (NSE:APOLLOTYRE) Low P/E No Reason For Excitement
Dec 25Here's Why Apollo Tyres (NSE:APOLLOTYRE) Can Manage Its Debt Responsibly
Nov 09What Does Apollo Tyres Limited's (NSE:APOLLOTYRE) Share Price Indicate?
Oct 25Is Now The Time To Put Apollo Tyres (NSE:APOLLOTYRE) On Your Watchlist?
Oct 07Apollo Tyres' (NSE:APOLLOTYRE) Returns On Capital Are Heading Higher
Sep 07We Ran A Stock Scan For Earnings Growth And Apollo Tyres (NSE:APOLLOTYRE) Passed With Ease
Jul 08We Think Apollo Tyres (NSE:APOLLOTYRE) Can Stay On Top Of Its Debt
Jun 23Is There Now An Opportunity In Apollo Tyres Limited (NSE:APOLLOTYRE)?
Jun 10Apollo Tyres (NSE:APOLLOTYRE) Might Have The Makings Of A Multi-Bagger
May 23Does Apollo Tyres (NSE:APOLLOTYRE) Have A Healthy Balance Sheet?
Mar 13Is Apollo Tyres Limited (NSE:APOLLOTYRE) Potentially Undervalued?
Feb 25Apollo Tyres (NSE:APOLLOTYRE) Has More To Do To Multiply In Value Going Forward
Feb 02These 4 Measures Indicate That Apollo Tyres (NSE:APOLLOTYRE) Is Using Debt Extensively
Dec 02Should You Investigate Apollo Tyres Limited (NSE:APOLLOTYRE) At ₹301?
Nov 08Apollo Tyres' (NSE:APOLLOTYRE) Returns On Capital Not Reflecting Well On The Business
Oct 23Is Now The Time To Put Apollo Tyres (NSE:APOLLOTYRE) On Your Watchlist?
Sep 09Is Apollo Tyres (NSE:APOLLOTYRE) A Risky Investment?
Aug 28Apollo Tyres Limited (NSE:APOLLOTYRE) Shares Could Be 30% Above Their Intrinsic Value Estimate
Jul 30Apollo Tyres (NSE:APOLLOTYRE) May Have Issues Allocating Its Capital
Jul 11Apollo Tyres (NSE:APOLLOTYRE) Has A Somewhat Strained Balance Sheet
May 19Is Now The Time To Look At Buying Apollo Tyres Limited (NSE:APOLLOTYRE)?
May 03Some Investors May Be Worried About Apollo Tyres' (NSE:APOLLOTYRE) Returns On Capital
Apr 08Is Now An Opportune Moment To Examine Apollo Tyres Limited (NSE:APOLLOTYRE)?
Jan 22Apollo Tyres (NSE:APOLLOTYRE) Will Want To Turn Around Its Return Trends
Jan 07These 4 Measures Indicate That Apollo Tyres (NSE:APOLLOTYRE) Is Using Debt Extensively
Dec 23Calculating The Intrinsic Value Of Apollo Tyres Limited (NSE:APOLLOTYRE)
Nov 18Is Now An Opportune Moment To Examine Apollo Tyres Limited (NSE:APOLLOTYRE)?
Oct 13Apollo Tyres' (NSE:APOLLOTYRE) Returns On Capital Not Reflecting Well On The Business
Sep 28Is Apollo Tyres (NSE:APOLLOTYRE) Using Too Much Debt?
Sep 15Is Now An Opportune Moment To Examine Apollo Tyres Limited (NSE:APOLLOTYRE)?
May 13Should We Be Excited About The Trends Of Returns At Apollo Tyres (NSE:APOLLOTYRE)?
Mar 17These 4 Measures Indicate That Apollo Tyres (NSE:APOLLOTYRE) Is Using Debt Extensively
Feb 27Apollo Tyres Limited's (NSE:APOLLOTYRE) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Feb 12Is It Too Late To Consider Buying Apollo Tyres Limited (NSE:APOLLOTYRE)?
Jan 29
A Look At Apollo Tyres' (NSE:APOLLOTYRE) CEO Remuneration
Jan 18Have Insiders Been Buying Apollo Tyres Limited (NSE:APOLLOTYRE) Shares?
Jan 08Financial Position Analysis
Short Term Liabilities: APOLLOTYRE's short term assets (₹85.6B) exceed its short term liabilities (₹75.0B).
Long Term Liabilities: APOLLOTYRE's short term assets (₹85.6B) exceed its long term liabilities (₹59.1B).
Debt to Equity History and Analysis
Debt Level: APOLLOTYRE's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: APOLLOTYRE's debt to equity ratio has reduced from 43.3% to 42.6% over the past 5 years.
Debt Coverage: APOLLOTYRE's debt is well covered by operating cash flow (62.7%).
Interest Coverage: APOLLOTYRE's interest payments on its debt are well covered by EBIT (6x coverage).