APL Apollo Tubes Balance Sheet Health
Financial Health criteria checks 6/6
APL Apollo Tubes has a total shareholder equity of ₹32.8B and total debt of ₹11.8B, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are ₹63.0B and ₹30.2B respectively. APL Apollo Tubes's EBIT is ₹10.6B making its interest coverage ratio 13.5. It has cash and short-term investments of ₹7.1B.
Key information
35.9%
Debt to equity ratio
₹11.76b
Debt
| Interest coverage ratio | 13.5x |
| Cash | ₹7.13b |
| Equity | ₹32.80b |
| Total liabilities | ₹30.19b |
| Total assets | ₹63.00b |
Recent financial health updates
Is APL Apollo Tubes (NSE:APLAPOLLO) A Risky Investment?
Mar 07
Is APL Apollo Tubes (NSE:APLAPOLLO) A Risky Investment?
Nov 22APL Apollo Tubes (NSE:APLAPOLLO) Has A Pretty Healthy Balance Sheet
Aug 16Does APL Apollo Tubes (NSE:APLAPOLLO) Have A Healthy Balance Sheet?
May 16Is APL Apollo Tubes (NSE:APLAPOLLO) Using Too Much Debt?
Jan 04Is APL Apollo Tubes (NSE:APLAPOLLO) A Risky Investment?
Sep 25Recent updates
Is APL Apollo Tubes (NSE:APLAPOLLO) A Risky Investment?
Mar 07APL Apollo Tubes (NSE:APLAPOLLO) Is Reinvesting To Multiply In Value
Feb 18APL Apollo Tubes Limited Just Missed Earnings - But Analysts Have Updated Their Models
Jan 31We Ran A Stock Scan For Earnings Growth And APL Apollo Tubes (NSE:APLAPOLLO) Passed With Ease
Jan 16APL Apollo Tubes Limited's (NSE:APLAPOLLO) P/E Is On The Mark
Dec 29Is APL Apollo Tubes (NSE:APLAPOLLO) A Risky Investment?
Nov 22Many Would Be Envious Of APL Apollo Tubes' (NSE:APLAPOLLO) Excellent Returns On Capital
Oct 16We Ran A Stock Scan For Earnings Growth And APL Apollo Tubes (NSE:APLAPOLLO) Passed With Ease
Sep 25APL Apollo Tubes (NSE:APLAPOLLO) Is Paying Out A Larger Dividend Than Last Year
Aug 20APL Apollo Tubes (NSE:APLAPOLLO) Has A Pretty Healthy Balance Sheet
Aug 16Returns On Capital At APL Apollo Tubes (NSE:APLAPOLLO) Paint A Concerning Picture
Jul 14Does APL Apollo Tubes (NSE:APLAPOLLO) Have A Healthy Balance Sheet?
May 16APL Apollo Tubes (NSE:APLAPOLLO) Is Aiming To Keep Up Its Impressive Returns
Mar 17Is APL Apollo Tubes (NSE:APLAPOLLO) Using Too Much Debt?
Jan 04Capital Investments At APL Apollo Tubes (NSE:APLAPOLLO) Point To A Promising Future
Dec 17Is APL Apollo Tubes (NSE:APLAPOLLO) A Risky Investment?
Sep 25Why You Should Care About APL Apollo Tubes' (NSE:APLAPOLLO) Strong Returns On Capital
Sep 11Does This Valuation Of APL Apollo Tubes Limited (NSE:APLAPOLLO) Imply Investors Are Overpaying?
Aug 21Is Now The Time To Put APL Apollo Tubes (NSE:APLAPOLLO) On Your Watchlist?
Jul 12Is APL Apollo Tubes (NSE:APLAPOLLO) A Risky Investment?
Jun 15APL Apollo Tubes (NSE:APLAPOLLO) Is Aiming To Keep Up Its Impressive Returns
Jun 01Broker Revenue Forecasts For APL Apollo Tubes Limited (NSE:APLAPOLLO) Are Surging Higher
May 19A Look At The Intrinsic Value Of APL Apollo Tubes Limited (NSE:APLAPOLLO)
May 14Should You Be Adding APL Apollo Tubes (NSE:APLAPOLLO) To Your Watchlist Today?
Mar 29Estimating The Fair Value Of APL Apollo Tubes Limited (NSE:APLAPOLLO)
Feb 02Does APL Apollo Tubes (NSE:APLAPOLLO) Deserve A Spot On Your Watchlist?
Dec 25APL Apollo Tubes (NSE:APLAPOLLO) Seems To Use Debt Rather Sparingly
Dec 10A Look At The Fair Value Of APL Apollo Tubes Limited (NSE:APLAPOLLO)
Oct 22Here's Why I Think APL Apollo Tubes (NSE:APLAPOLLO) Is An Interesting Stock
Sep 21APL Apollo Tubes (NSE:APLAPOLLO) Has A Rock Solid Balance Sheet
Sep 03Capital Investment Trends At APL Apollo Tubes (NSE:APLAPOLLO) Look Strong
Jul 20Should You Be Adding APL Apollo Tubes (NSE:APLAPOLLO) To Your Watchlist Today?
Jun 20Is APL Apollo Tubes (NSE:APLAPOLLO) Using Too Much Debt?
Jun 05If You Like EPS Growth Then Check Out APL Apollo Tubes (NSE:APLAPOLLO) Before It's Too Late
Mar 13Is APL Apollo Tubes (NSE:APLAPOLLO) A Risky Investment?
Feb 26APL Apollo Tubes Limited's (NSE:APLAPOLLO) Stock Is Going Strong: Is the Market Following Fundamentals?
Feb 11Results: APL Apollo Tubes Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Jan 27Could The APL Apollo Tubes Limited (NSE:APLAPOLLO) Ownership Structure Tell Us Something Useful?
Jan 22
Can APL Apollo Tubes (NSE:APLAPOLLO) Prolong Its Impressive Returns?
Jan 07Imagine Holding APL Apollo Tubes (NSE:APLAPOLLO) Shares While The Price Zoomed 398% Higher
Dec 23Do APL Apollo Tubes's (NSE:APLAPOLLO) Earnings Warrant Your Attention?
Dec 08Financial Position Analysis
Short Term Liabilities: APLAPOLLO's short term assets (₹27.6B) exceed its short term liabilities (₹21.4B).
Long Term Liabilities: APLAPOLLO's short term assets (₹27.6B) exceed its long term liabilities (₹8.8B).
Debt to Equity History and Analysis
Debt Level: APLAPOLLO's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: APLAPOLLO's debt to equity ratio has reduced from 119.8% to 35.9% over the past 5 years.
Debt Coverage: APLAPOLLO's debt is well covered by operating cash flow (66.1%).
Interest Coverage: APLAPOLLO's interest payments on its debt are well covered by EBIT (13.5x coverage).