Apcotex Industries Balance Sheet Health
Financial Health criteria checks 4/6
Apcotex Industries has a total shareholder equity of ₹5.4B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are ₹9.8B and ₹4.4B respectively. Apcotex Industries's EBIT is ₹796.4M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹431.2M.
Key information
38.4%
Debt to equity ratio
₹2.09b
Debt
| Interest coverage ratio | 5.5x |
| Cash | ₹431.25m |
| Equity | ₹5.44b |
| Total liabilities | ₹4.38b |
| Total assets | ₹9.82b |
Recent financial health updates
Does Apcotex Industries (NSE:APCOTEXIND) Have A Healthy Balance Sheet?
Mar 05
Is Apcotex Industries (NSE:APCOTEXIND) Using Too Much Debt?
Nov 25Recent updates
With Apcotex Industries Limited (NSE:APCOTEXIND) It Looks Like You'll Get What You Pay For
Jun 13₹473: That's What Analysts Think Apcotex Industries Limited (NSE:APCOTEXIND) Is Worth After Its Latest Results
May 09Apcotex Industries Limited Recorded A 9.8% Miss On Revenue: Analysts Are Revisiting Their Models
Jan 27Apcotex Industries (NSE:APCOTEXIND) Is Paying Out A Dividend Of ₹2.00
Jan 26Apcotex Industries (NSE:APCOTEXIND) Is Due To Pay A Dividend Of ₹2.00
Jan 28Apcotex Industries (NSE:APCOTEXIND) Is Paying Out A Larger Dividend Than Last Year
Feb 05Apcotex Industries' (NSE:APCOTEXIND) Earnings Are Of Questionable Quality
Nov 04Is Now The Time To Look At Buying Apcotex Industries Limited (NSE:APCOTEXIND)?
Sep 09Is It Time To Consider Buying Apcotex Industries Limited (NSE:APCOTEXIND)?
Jun 01Bullish: This Analyst Just Lifted Their Apcotex Industries Limited (NSE:APCOTEXIND) Outlook For This Year
May 11Apcotex Industries Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 10Could Apcotex Industries Limited (NSE:APCOTEXIND) Have The Makings Of Another Dividend Aristocrat?
Mar 20Does Apcotex Industries (NSE:APCOTEXIND) Have A Healthy Balance Sheet?
Mar 05What We Learned About Apcotex Industries' (NSE:APCOTEXIND) CEO Pay
Feb 18What Kind Of Shareholders Hold The Majority In Apcotex Industries Limited's (NSE:APCOTEXIND) Shares?
Feb 05
Four Days Left Until Apcotex Industries Limited (NSE:APCOTEXIND) Trades Ex-Dividend
Feb 05Can You Imagine How Jubilant Apcotex Industries' (NSE:APCOTEXIND) Shareholders Feel About Its 125% Share Price Gain?
Jan 24Should You Take Comfort From Insider Transactions At Apcotex Industries Limited (NSE:APCOTEXIND)?
Jan 09Apcotex Industries Limited (NSE:APCOTEXIND) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Dec 25Is Apcotex Industries (NSE:APCOTEXIND) Using Too Much Debt?
Nov 25Does Apcotex Industries' (NSE:APCOTEXIND) CEO Salary Compare Well With Industry Peers?
Nov 10What Kind Of Shareholders Hold The Majority In Apcotex Industries Limited's (NSE:APCOTEXIND) Shares?
Oct 26The Apcotex Industries (NSE:APCOTEXIND) Share Price Is Up 43% And Shareholders Are Holding On
Oct 05Parul Choksey of Apcotex Industries Limited (NSE:APCOTEXIND) Just Spent ₹1.4m On A Handful Of Shares
Sep 14Are Dividend Investors Making A Mistake With Apcotex Industries Limited (NSE:APCOTEXIND)?
Sep 04Financial Position Analysis
Short Term Liabilities: APCOTEXIND's short term assets (₹4.8B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: APCOTEXIND's short term assets (₹4.8B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: APCOTEXIND's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: APCOTEXIND's debt to equity ratio has increased from 11.7% to 38.4% over the past 5 years.
Debt Coverage: APCOTEXIND's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: APCOTEXIND's interest payments on its debt are well covered by EBIT (5.5x coverage).