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 ₹323.3M, which brings its debt-to-equity ratio to 2.7%. 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 2.1. It has cash and short-term investments of ₹617.8M.
Key information
2.7%
Debt to equity ratio
₹323.30m
Debt
Interest coverage ratio | 2.1x |
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 has more cash than its total debt.
Reducing Debt: PARKHOTELS's debt to equity ratio has reduced from 82.7% to 2.7% over the past 5 years.
Debt Coverage: PARKHOTELS's debt is well covered by operating cash flow (520.2%).
Interest Coverage: PARKHOTELS's interest payments on its debt are not well covered by EBIT (2.1x coverage).