Apollo Pipes Balance Sheet Health
Financial Health criteria checks 6/6
Apollo Pipes has a total shareholder equity of ₹5.6B and total debt of ₹23.5M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹7.2B and ₹1.6B respectively. Apollo Pipes's EBIT is ₹715.8M making its interest coverage ratio 15.3. It has cash and short-term investments of ₹541.0M.
Key information
0.4%
Debt to equity ratio
₹23.48m
Debt
Interest coverage ratio | 15.3x |
Cash | ₹540.95m |
Equity | ₹5.57b |
Total liabilities | ₹1.64b |
Total assets | ₹7.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531761's short term assets (₹3.5B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 531761's short term assets (₹3.5B) exceed its long term liabilities (₹73.9M).
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 196.7% to 0.4% over the past 5 years.
Debt Coverage: 531761's debt is well covered by operating cash flow (3763.6%).
Interest Coverage: 531761's interest payments on its debt are well covered by EBIT (15.3x coverage).