Gujarat Apollo Industries Balance Sheet Health
Financial Health criteria checks 4/6
Gujarat Apollo Industries has a total shareholder equity of ₹4.8B and total debt of ₹294.5M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹5.3B and ₹489.3M respectively. Gujarat Apollo Industries's EBIT is ₹125.5M making its interest coverage ratio -85.7. It has cash and short-term investments of ₹197.3M.
Key information
6.1%
Debt to equity ratio
₹294.47m
Debt
| Interest coverage ratio | -85.7x |
| Cash | ₹197.33m |
| Equity | ₹4.83b |
| Total liabilities | ₹489.34m |
| Total assets | ₹5.32b |
Recent financial health updates
Does Gujarat Apollo Industries (NSE:GUJAPOLLO) Have A Healthy Balance Sheet?
Jul 12
Gujarat Apollo Industries (NSE:GUJAPOLLO) Is Making Moderate Use Of Debt
Mar 24Does Gujarat Apollo Industries (NSE:GUJAPOLLO) Have A Healthy Balance Sheet?
Aug 31
Recent updates
Gujarat Apollo Industries Limited (NSE:GUJAPOLLO) Held Back By Insufficient Growth Even After Shares Climb 30%
Apr 26Investors Will Want Gujarat Apollo Industries' (NSE:GUJAPOLLO) Growth In ROCE To Persist
Mar 18Improved Earnings Required Before Gujarat Apollo Industries Limited (NSE:GUJAPOLLO) Shares Find Their Feet
Dec 29Gujarat Apollo Industries (NSE:GUJAPOLLO) Has Affirmed Its Dividend Of ₹2.00
Aug 31Gujarat Apollo Industries (NSE:GUJAPOLLO) Has Announced A Dividend Of ₹2.00
Aug 17Does Gujarat Apollo Industries (NSE:GUJAPOLLO) Have A Healthy Balance Sheet?
Jul 12Gujarat Apollo Industries (NSE:GUJAPOLLO) Is Making Moderate Use Of Debt
Mar 24Gujarat Apollo Industries (NSE:GUJAPOLLO) Is Paying Out A Dividend Of ₹2.00
Sep 07Gujarat Apollo Industries (NSE:GUJAPOLLO) Is Paying Out A Dividend Of ₹2.00
Aug 14We Think You Should Be Aware Of Some Concerning Factors In Gujarat Apollo Industries' (NSE:GUJAPOLLO) Earnings
Jul 04Here's Why We Think Gujarat Apollo Industries (NSE:GUJAPOLLO) Is Well Worth Watching
Jul 02Will The ROCE Trend At Gujarat Apollo Industries (NSE:GUJAPOLLO) Continue?
Feb 17Who Has Been Buying Gujarat Apollo Industries Limited (NSE:GUJAPOLLO) Shares?
Nov 22Does Gujarat Apollo Industries (NSE:GUJAPOLLO) Have A Healthy Balance Sheet?
Aug 31Should You Or Shouldn't You: A Dividend Analysis on Gujarat Apollo Industries Limited (NSE:GUJAPOLLO)
Aug 05Have Insiders Been Buying Gujarat Apollo Industries Limited (NSE:GUJAPOLLO) Shares?
Jul 10Financial Position Analysis
Short Term Liabilities: GUJAPOLLO's short term assets (₹2.5B) exceed its short term liabilities (₹400.9M).
Long Term Liabilities: GUJAPOLLO's short term assets (₹2.5B) exceed its long term liabilities (₹88.4M).
Debt to Equity History and Analysis
Debt Level: GUJAPOLLO's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: GUJAPOLLO's debt to equity ratio has increased from 3.2% to 6.1% over the past 5 years.
Debt Coverage: GUJAPOLLO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GUJAPOLLO earns more interest than it pays, so coverage of interest payments is not a concern.