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
Financial Position Analysis
Short Term Liabilities: PARKHOTELS's short term assets (₹1.5B) do not cover its short term liabilities (₹1.5B).
Long Term Liabilities: PARKHOTELS's short term assets (₹1.5B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: PARKHOTELS's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: PARKHOTELS's debt to equity ratio has reduced from 85.9% to 8.3% over the past 5 years.
Debt Coverage: PARKHOTELS's debt is well covered by operating cash flow (168.4%).
Interest Coverage: PARKHOTELS's interest payments on its debt are not well covered by EBIT (2.6x coverage).