Apollo Pipes Balance Sheet Health
Financial Health criteria checks 5/6
Apollo Pipes has a total shareholder equity of ₹6.8B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are ₹11.5B and ₹4.7B respectively. Apollo Pipes's EBIT is ₹753.5M making its interest coverage ratio 10.4. It has cash and short-term investments of ₹616.3M.
Key information
20.4%
Debt to equity ratio
₹1.38b
Debt
| Interest coverage ratio | 10.4x |
| Cash | ₹616.31m |
| Equity | ₹6.79b |
| Total liabilities | ₹4.66b |
| Total assets | ₹11.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531761's short term assets (₹4.5B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: 531761's short term assets (₹4.5B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 531761's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: 531761's debt to equity ratio has increased from 8.7% to 20.4% over the past 5 years.
Debt Coverage: 531761's debt is well covered by operating cash flow (24.7%).
Interest Coverage: 531761's interest payments on its debt are well covered by EBIT (10.4x coverage).