Apex Frozen Foods Balance Sheet Health
Financial Health criteria checks 6/6
Apex Frozen Foods has a total shareholder equity of ₹5.0B and total debt of ₹831.8M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are ₹6.2B and ₹1.2B respectively. Apex Frozen Foods's EBIT is ₹305.5M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹154.8M.
Key information
16.6%
Debt to equity ratio
₹831.78m
Debt
Interest coverage ratio | 3.9x |
Cash | ₹154.76m |
Equity | ₹5.02b |
Total liabilities | ₹1.21b |
Total assets | ₹6.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540692's short term assets (₹3.5B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 540692's short term assets (₹3.5B) exceed its long term liabilities (₹173.3M).
Debt to Equity History and Analysis
Debt Level: 540692's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: 540692's debt to equity ratio has reduced from 37.3% to 16.6% over the past 5 years.
Debt Coverage: 540692's debt is well covered by operating cash flow (133.6%).
Interest Coverage: 540692's interest payments on its debt are well covered by EBIT (3.9x coverage).