Apcotex Industries Balance Sheet Health
Financial Health criteria checks 5/6
Apcotex Industries has a total shareholder equity of ₹5.0B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are ₹8.6B and ₹3.6B respectively. Apcotex Industries's EBIT is ₹895.2M making its interest coverage ratio 8.1. It has cash and short-term investments of ₹335.5M.
Key information
38.3%
Debt to equity ratio
₹1.90b
Debt
| Interest coverage ratio | 8.1x |
| Cash | ₹335.49m |
| Equity | ₹4.96b |
| Total liabilities | ₹3.60b |
| Total assets | ₹8.56b |
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
Apcotex 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 (₹3.6B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: APCOTEXIND's short term assets (₹3.6B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: APCOTEXIND's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: APCOTEXIND's debt to equity ratio has increased from 12% to 38.3% over the past 5 years.
Debt Coverage: APCOTEXIND's debt is well covered by operating cash flow (43.8%).
Interest Coverage: APCOTEXIND's interest payments on its debt are well covered by EBIT (8.1x coverage).