Gujarat Apollo Industries Balance Sheet Health
Financial Health criteria checks 4/6
Gujarat Apollo Industries has a total shareholder equity of ₹4.9B and total debt of ₹357.6M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ₹5.4B and ₹500.7M respectively. Gujarat Apollo Industries's EBIT is ₹133.7M making its interest coverage ratio -33.7. It has cash and short-term investments of ₹9.4M.
Key information
7.4%
Debt to equity ratio
₹357.60m
Debt
| Interest coverage ratio | -33.7x |
| Cash | ₹9.36m |
| Equity | ₹4.86b |
| Total liabilities | ₹500.70m |
| Total assets | ₹5.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522217's short term assets (₹2.1B) exceed its short term liabilities (₹476.7M).
Long Term Liabilities: 522217's short term assets (₹2.1B) exceed its long term liabilities (₹24.0M).
Debt to Equity History and Analysis
Debt Level: 522217's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: 522217's debt to equity ratio has increased from 3% to 7.4% over the past 5 years.
Debt Coverage: 522217's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 522217 earns more interest than it pays, so coverage of interest payments is not a concern.