Apollo Pipes Financial Health
How is Apollo Pipes's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 531761's short term assets (₹2.8B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 531761's short term assets (₹2.8B) exceed its long term liabilities (₹121.6M).
Debt to Equity History and Analysis
Debt Level: 531761 has more cash than its total debt.
Reducing Debt: 531761's debt to equity ratio has reduced from 28.6% to 9.6% over the past 5 years.
Debt Coverage: 531761's debt is well covered by operating cash flow (93.8%).
Interest Coverage: 531761's interest payments on its debt are well covered by EBIT (12.9x coverage).