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
Is APAR Industries (NSE:APARINDS) A Risky Investment?
Jun 29
Does APAR Industries (NSE:APARINDS) Have A Healthy Balance Sheet?
Aug 21Is Apar Industries (NSE:APARINDS) Using Too Much Debt?
May 11These 4 Measures Indicate That Apar Industries (NSE:APARINDS) Is Using Debt Reasonably Well
Jan 02Here's Why Apar Industries (NSE:APARINDS) Can Manage Its Debt Responsibly
Jan 31Recent updates
Capital Investments At APAR Industries (NSE:APARINDS) Point To A Promising Future
Sep 08Subdued Growth No Barrier To APAR Industries Limited's (NSE:APARINDS) Price
Aug 19Is APAR Industries (NSE:APARINDS) A Risky Investment?
Jun 29APAR Industries (NSE:APARINDS) Is Aiming To Keep Up Its Impressive Returns
May 22APAR Industries' (NSE:APARINDS) Earnings Are Weaker Than They Seem
May 22Getting In Cheap On APAR Industries Limited (NSE:APARINDS) Is Unlikely
Apr 24APAR Industries Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Feb 02Some Shareholders Feeling Restless Over APAR Industries Limited's (NSE:APARINDS) P/E Ratio
Jan 09Should You Be Adding APAR Industries (NSE:APARINDS) To Your Watchlist Today?
Nov 17Why We Like The Returns At APAR Industries (NSE:APARINDS)
Oct 30Does APAR Industries (NSE:APARINDS) Have A Healthy Balance Sheet?
Aug 21APAR Industries' (NSE:APARINDS) Upcoming Dividend Will Be Larger Than Last Year's
Jul 20Does Apar Industries (NSE:APARINDS) Deserve A Spot On Your Watchlist?
Jul 12Is Apar Industries (NSE:APARINDS) Using Too Much Debt?
May 11We Ran A Stock Scan For Earnings Growth And Apar Industries (NSE:APARINDS) Passed With Ease
Apr 01Analysts Just Shipped A Huge Upgrade To Their Apar Industries Limited (NSE:APARINDS) Estimates
Feb 03Why You Should Care About Apar Industries' (NSE:APARINDS) Strong Returns On Capital
Jan 30These 4 Measures Indicate That Apar Industries (NSE:APARINDS) Is Using Debt Reasonably Well
Jan 02Here's Why We Think Apar Industries (NSE:APARINDS) Might Deserve Your Attention Today
Dec 07Apar Industries (NSE:APARINDS) Is Aiming To Keep Up Its Impressive Returns
Oct 06With EPS Growth And More, Apar Industries (NSE:APARINDS) Makes An Interesting Case
Aug 25Apar Industries (NSE:APARINDS) Is Increasing Its Dividend To ₹15.00
Jul 17Is There An Opportunity With Apar Industries Limited's (NSE:APARINDS) 49% Undervaluation?
May 28Broker Revenue Forecasts For Apar Industries Limited (NSE:APARINDS) Are Surging Higher
Apr 09Here's Why Apar Industries (NSE:APARINDS) Can Manage Its Debt Responsibly
Jan 31Be Wary Of Apar Industries (NSE:APARINDS) And Its Returns On Capital
Oct 11Financial Position Analysis
Short Term Liabilities: APARINDS's short term assets (₹83.9B) exceed its short term liabilities (₹55.5B).
Long Term Liabilities: APARINDS's short term assets (₹83.9B) exceed its long term liabilities (₹4.7B).
Debt to Equity History and Analysis
Debt Level: APARINDS has more cash than its total debt.
Reducing Debt: APARINDS's debt to equity ratio has reduced from 15.8% to 11.5% over the past 5 years.
Debt Coverage: APARINDS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: APARINDS's interest payments on its debt are well covered by EBIT (5.2x coverage).