APL Apollo Tubes Balance Sheet Health
Financial Health criteria checks 6/6
APL Apollo Tubes has a total shareholder equity of ₹38.5B and total debt of ₹10.0B, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are ₹72.3B and ₹33.8B respectively. APL Apollo Tubes's EBIT is ₹8.2B making its interest coverage ratio 11.7. It has cash and short-term investments of ₹7.9B.
Key information
26.0%
Debt to equity ratio
₹10.02b
Debt
| Interest coverage ratio | 11.7x |
| Cash | ₹7.89b |
| Equity | ₹38.49b |
| Total liabilities | ₹33.78b |
| Total assets | ₹72.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533758's short term assets (₹30.8B) exceed its short term liabilities (₹25.6B).
Long Term Liabilities: 533758's short term assets (₹30.8B) exceed its long term liabilities (₹8.2B).
Debt to Equity History and Analysis
Debt Level: 533758's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 533758's debt to equity ratio has reduced from 78% to 26% over the past 5 years.
Debt Coverage: 533758's debt is well covered by operating cash flow (72.2%).
Interest Coverage: 533758's interest payments on its debt are well covered by EBIT (11.7x coverage).