Alpex Solar Limited

NSEI:ALPEXSOLAR Stock Report

Market Cap: ₹20.5b

Alpex Solar Balance Sheet Health

Financial Health criteria checks 5/6

Alpex Solar has a total shareholder equity of ₹1.6B and total debt of ₹330.6M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ₹2.6B and ₹1.1B respectively. Alpex Solar's EBIT is ₹560.1M making its interest coverage ratio 13.5. It has cash and short-term investments of ₹431.4M.

Key information

21.2%

Debt to equity ratio

₹330.58m

Debt

Interest coverage ratio13.5x
Cash₹431.36m
Equity₹1.56b
Total liabilities₹1.07b
Total assets₹2.63b

Recent financial health updates

No updates

Recent updates

Alpex Solar's (NSE:ALPEXSOLAR) Shareholders Should Assess Earnings With Caution

Sep 13
Alpex Solar's (NSE:ALPEXSOLAR) Shareholders Should Assess Earnings With Caution

Even With A 29% Surge, Cautious Investors Are Not Rewarding Alpex Solar Limited's (NSE:ALPEXSOLAR) Performance Completely

Aug 31
Even With A 29% Surge, Cautious Investors Are Not Rewarding Alpex Solar Limited's (NSE:ALPEXSOLAR) Performance Completely

Financial Position Analysis

Short Term Liabilities: ALPEXSOLAR's short term assets (₹2.0B) exceed its short term liabilities (₹1.0B).

Long Term Liabilities: ALPEXSOLAR's short term assets (₹2.0B) exceed its long term liabilities (₹42.6M).

Debt to Equity History and Analysis

Debt Level: ALPEXSOLAR has more cash than its total debt.

Reducing Debt: Insufficient data to determine if ALPEXSOLAR's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ALPEXSOLAR's debt is well covered by operating cash flow (52.2%).

Interest Coverage: ALPEXSOLAR's interest payments on its debt are well covered by EBIT (13.5x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 06:53
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Alpex Solar Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution