Alpa Laboratories Balance Sheet Health
Financial Health criteria checks 5/6
Alpa Laboratories has a total shareholder equity of ₹1.5B and total debt of ₹52.5M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are ₹1.8B and ₹304.6M respectively. Alpa Laboratories's EBIT is ₹56.3M making its interest coverage ratio 15.8. It has cash and short-term investments of ₹928.5M.
Key information
3.5%
Debt to equity ratio
₹52.47m
Debt
Interest coverage ratio | 15.8x |
Cash | ₹928.54m |
Equity | ₹1.52b |
Total liabilities | ₹304.62m |
Total assets | ₹1.82b |
Recent financial health updates
Recent updates
Increases to Alpa Laboratories Limited's (NSE:ALPA) CEO Compensation Might Cool off for now
Sep 22Alpa Laboratories Limited's (NSE:ALPA) Shares Bounce 32% But Its Business Still Trails The Market
Sep 06We Think That There Are Issues Underlying Alpa Laboratories' (NSE:ALPA) Earnings
Jun 08Cautious Investors Not Rewarding Alpa Laboratories Limited's (NSE:ALPA) Performance Completely
Jun 03Here's Why We Think Alpa Laboratories (NSE:ALPA) Might Deserve Your Attention Today
Dec 14Shareholders May Not Be So Generous With Alpa Laboratories Limited's (NSE:ALPA) CEO Compensation And Here's Why
Sep 23Here's Why Alpa Laboratories (NSE:ALPA) Has Caught The Eye Of Investors
Aug 26Is Alpa Laboratories (NSE:ALPA) A Risky Investment?
Jan 19Is Now The Time To Put Alpa Laboratories (NSE:ALPA) On Your Watchlist?
Jun 17If You Like EPS Growth Then Check Out Alpa Laboratories (NSE:ALPA) Before It's Too Late
Feb 23Alpa Laboratories' (NSE:ALPA) Earnings Aren't As Good As They Appear
Nov 24Here's Why I Think Alpa Laboratories (NSE:ALPA) Might Deserve Your Attention Today
Oct 05Do Alpa Laboratories's (NSE:ALPA) Earnings Warrant Your Attention?
May 31With EPS Growth And More, Alpa Laboratories (NSE:ALPA) Is Interesting
Jan 28Financial Position Analysis
Short Term Liabilities: ALPA's short term assets (₹1.6B) exceed its short term liabilities (₹280.7M).
Long Term Liabilities: ALPA's short term assets (₹1.6B) exceed its long term liabilities (₹24.0M).
Debt to Equity History and Analysis
Debt Level: ALPA has more cash than its total debt.
Reducing Debt: ALPA's debt to equity ratio has increased from 1% to 3.5% over the past 5 years.
Debt Coverage: ALPA's debt is well covered by operating cash flow (69.5%).
Interest Coverage: ALPA's interest payments on its debt are well covered by EBIT (15.8x coverage).