APAR Industries Balance Sheet Health
Financial Health criteria checks 6/6
APAR Industries has a total shareholder equity of ₹24.6B and total debt of ₹4.2B, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are ₹83.4B and ₹58.7B respectively. APAR Industries's EBIT is ₹14.4B making its interest coverage ratio 5.5. It has cash and short-term investments of ₹4.6B.
Key information
16.9%
Debt to equity ratio
₹4.16b
Debt
Interest coverage ratio | 5.5x |
Cash | ₹4.57b |
Equity | ₹24.63b |
Total liabilities | ₹58.72b |
Total assets | ₹83.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532259's short term assets (₹69.8B) exceed its short term liabilities (₹55.2B).
Long Term Liabilities: 532259's short term assets (₹69.8B) exceed its long term liabilities (₹3.5B).
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 33.9% to 16.9% over the past 5 years.
Debt Coverage: 532259's debt is well covered by operating cash flow (184.7%).
Interest Coverage: 532259's interest payments on its debt are well covered by EBIT (5.5x coverage).