Apeejay Surrendra Park Hotels Balance Sheet Health
Financial Health criteria checks 4/6
Apeejay Surrendra Park Hotels has a total shareholder equity of ₹12.0B and total debt of ₹999.0M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ₹14.8B and ₹2.8B respectively. Apeejay Surrendra Park Hotels's EBIT is ₹1.4B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹617.8M.
Key information
8.3%
Debt to equity ratio
₹999.00m
Debt
Interest coverage ratio | 2.6x |
Cash | ₹617.80m |
Equity | ₹11.98b |
Total liabilities | ₹2.78b |
Total assets | ₹14.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544111's short term assets (₹1.5B) do not cover its short term liabilities (₹1.5B).
Long Term Liabilities: 544111's short term assets (₹1.5B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 544111's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 544111's debt to equity ratio has reduced from 85.9% to 8.3% over the past 5 years.
Debt Coverage: 544111's debt is well covered by operating cash flow (168.4%).
Interest Coverage: 544111's interest payments on its debt are not well covered by EBIT (2.6x coverage).