Apollo Micro Systems Balance Sheet Health
Financial Health criteria checks 4/6
Apollo Micro Systems has a total shareholder equity of ₹5.8B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are ₹10.6B and ₹4.8B respectively. Apollo Micro Systems's EBIT is ₹950.1M making its interest coverage ratio 7.2. It has cash and short-term investments of ₹185.2M.
Key information
36.5%
Debt to equity ratio
₹2.10b
Debt
| Interest coverage ratio | 7.2x |
| Cash | ₹185.15m |
| Equity | ₹5.76b |
| Total liabilities | ₹4.82b |
| Total assets | ₹10.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540879's short term assets (₹8.3B) exceed its short term liabilities (₹4.2B).
Long Term Liabilities: 540879's short term assets (₹8.3B) exceed its long term liabilities (₹663.5M).
Debt to Equity History and Analysis
Debt Level: 540879's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: 540879's debt to equity ratio has increased from 33.1% to 36.5% over the past 5 years.
Debt Coverage: 540879's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540879's interest payments on its debt are well covered by EBIT (7.2x coverage).