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
These 4 Measures Indicate That Apollo Pipes (NSE:APOLLOPIPE) Is Using Debt Reasonably Well
Jun 14These 4 Measures Indicate That Apollo Pipes (NSE:APOLLOPIPE) Is Using Debt Reasonably Well
Dec 20Does Apollo Pipes (NSE:APOLLOPIPE) Have A Healthy Balance Sheet?
May 28Does Apollo Pipes (NSE:APOLLOPIPE) Have A Healthy Balance Sheet?
Dec 09Apollo Pipes (NSE:APOLLOPIPE) Has A Somewhat Strained Balance Sheet
Aug 30Recent updates
We Discuss Why The CEO Of Apollo Pipes Limited (NSE:APOLLOPIPE) Is Due For A Pay Rise
Sep 17Apollo Pipes (NSE:APOLLOPIPE) Will Want To Turn Around Its Return Trends
Apr 18Returns On Capital At Apollo Pipes (NSE:APOLLOPIPE) Paint A Concerning Picture
Dec 24Investors Could Be Concerned With Apollo Pipes' (NSE:APOLLOPIPE) Returns On Capital
Aug 19These 4 Measures Indicate That Apollo Pipes (NSE:APOLLOPIPE) Is Using Debt Reasonably Well
Jun 14Returns On Capital At Apollo Pipes (NSE:APOLLOPIPE) Paint A Concerning Picture
May 13Does Apollo Pipes (NSE:APOLLOPIPE) Deserve A Spot On Your Watchlist?
Jan 18These 4 Measures Indicate That Apollo Pipes (NSE:APOLLOPIPE) Is Using Debt Reasonably Well
Dec 20Apollo Pipes (NSE:APOLLOPIPE) Will Be Hoping To Turn Its Returns On Capital Around
Oct 05If You Like EPS Growth Then Check Out Apollo Pipes (NSE:APOLLOPIPE) Before It's Too Late
Aug 05Returns On Capital At Apollo Pipes (NSE:APOLLOPIPE) Paint A Concerning Picture
Jun 10Does Apollo Pipes (NSE:APOLLOPIPE) Have A Healthy Balance Sheet?
May 28Here's Why I Think Apollo Pipes (NSE:APOLLOPIPE) Might Deserve Your Attention Today
Mar 10Should We Be Excited About The Trends Of Returns At Apollo Pipes (NSE:APOLLOPIPE)?
Feb 25Have Insiders Been Buying Apollo Pipes Limited (NSE:APOLLOPIPE) Shares?
Feb 12Apollo Pipes Limited's (NSE:APOLLOPIPE) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 30What Percentage Of Apollo Pipes Limited (NSE:APOLLOPIPE) Shares Do Insiders Own?
Jan 17Here's Why We Don't Think Apollo Pipes's (NSE:APOLLOPIPE) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 04Introducing Apollo Pipes (NSE:APOLLOPIPE), A Stock That Climbed 91% In The Last Year
Dec 22Does Apollo Pipes (NSE:APOLLOPIPE) Have A Healthy Balance Sheet?
Dec 09Here's What To Make Of Apollo Pipes' (NSE:APOLLOPIPE) Returns On Capital
Nov 26Don't Ignore The Fact That This Insider Just Sold Some Shares In Apollo Pipes Limited (NSE:APOLLOPIPE)
Nov 13How Much Are Apollo Pipes Limited (NSE:APOLLOPIPE) Insiders Spending On Buying Shares?
Oct 30Has Apollo Pipes Limited's (NSE:APOLLOPIPE) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Sep 25Apollo Pipes (NSE:APOLLOPIPE) Has A Somewhat Strained Balance Sheet
Aug 30Financial Position Analysis
Short Term Liabilities: APOLLOPIPE's short term assets (₹3.5B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: APOLLOPIPE's short term assets (₹3.5B) exceed its long term liabilities (₹73.9M).
Debt to Equity History and Analysis
Debt Level: APOLLOPIPE has more cash than its total debt.
Reducing Debt: APOLLOPIPE's debt to equity ratio has reduced from 196.7% to 0.4% over the past 5 years.
Debt Coverage: APOLLOPIPE's debt is well covered by operating cash flow (3763.6%).
Interest Coverage: APOLLOPIPE's interest payments on its debt are well covered by EBIT (15.3x coverage).