APAR Industries Balance Sheet Health
Financial Health criteria checks 5/6
APAR Industries has a total shareholder equity of ₹41.1B and total debt of ₹4.7B, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are ₹101.2B and ₹60.2B respectively. APAR Industries's EBIT is ₹14.5B making its interest coverage ratio 5.2. It has cash and short-term investments of ₹5.7B.
Key information
11.5%
Debt to equity ratio
₹4.72b
Debt
| Interest coverage ratio | 5.2x |
| Cash | ₹5.69b |
| Equity | ₹41.07b |
| Total liabilities | ₹60.17b |
| Total assets | ₹101.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532259's short term assets (₹83.9B) exceed its short term liabilities (₹55.5B).
Long Term Liabilities: 532259's short term assets (₹83.9B) exceed its long term liabilities (₹4.7B).
Debt to Equity History and Analysis
Debt Level: 532259 has more cash than its total debt.
Reducing Debt: 532259's debt to equity ratio has reduced from 15.8% to 11.5% over the past 5 years.
Debt Coverage: 532259's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532259's interest payments on its debt are well covered by EBIT (5.2x coverage).