Gujarat Apollo Industries Balance Sheet Health
Financial Health criteria checks 4/6
Gujarat Apollo Industries has a total shareholder equity of ₹4.8B and total debt of ₹294.5M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹5.3B and ₹489.3M respectively. Gujarat Apollo Industries's EBIT is ₹125.5M making its interest coverage ratio -85.7. It has cash and short-term investments of ₹197.3M.
Key information
6.1%
Debt to equity ratio
₹294.47m
Debt
Interest coverage ratio | -85.7x |
Cash | ₹197.33m |
Equity | ₹4.83b |
Total liabilities | ₹489.34m |
Total assets | ₹5.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522217's short term assets (₹2.5B) exceed its short term liabilities (₹400.9M).
Long Term Liabilities: 522217's short term assets (₹2.5B) exceed its long term liabilities (₹88.4M).
Debt to Equity History and Analysis
Debt Level: 522217's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: 522217's debt to equity ratio has increased from 3.2% to 6.1% over the past 5 years.
Debt Coverage: 522217's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 522217 earns more interest than it pays, so coverage of interest payments is not a concern.