Apcotex Industries Balance Sheet Health
Financial Health criteria checks 5/6
Apcotex Industries has a total shareholder equity of ₹5.2B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are ₹9.2B and ₹4.0B respectively. Apcotex Industries's EBIT is ₹901.3M making its interest coverage ratio 5.8. It has cash and short-term investments of ₹467.0M.
Key information
35.0%
Debt to equity ratio
₹1.83b
Debt
Interest coverage ratio | 5.8x |
Cash | ₹466.96m |
Equity | ₹5.22b |
Total liabilities | ₹4.00b |
Total assets | ₹9.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523694's short term assets (₹4.3B) exceed its short term liabilities (₹2.7B).
Long Term Liabilities: 523694's short term assets (₹4.3B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 523694's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: 523694's debt to equity ratio has increased from 1.4% to 35% over the past 5 years.
Debt Coverage: 523694's debt is well covered by operating cash flow (22%).
Interest Coverage: 523694's interest payments on its debt are well covered by EBIT (5.8x coverage).