APL Apollo Tubes Financial Health
How is APL Apollo Tubes's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 533758's short term assets (₹18.3B) exceed its short term liabilities (₹14.3B).
Long Term Liabilities: 533758's short term assets (₹18.3B) exceed its long term liabilities (₹5.6B).
Debt to Equity History and Analysis
Debt Level: 533758's net debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: 533758's debt to equity ratio has reduced from 82.8% to 23.6% over the past 5 years.
Debt Coverage: 533758's debt is well covered by operating cash flow (112.1%).
Interest Coverage: 533758's interest payments on its debt are well covered by EBIT (34.3x coverage).