Australian Premium Solar (India) Balance Sheet Health
Financial Health criteria checks 4/6
Australian Premium Solar (India) has a total shareholder equity of ₹611.6M and total debt of ₹87.2M, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are ₹1.2B and ₹559.3M respectively. Australian Premium Solar (India)'s EBIT is ₹221.9M making its interest coverage ratio -209.6. It has cash and short-term investments of ₹356.6M.
Key information
14.3%
Debt to equity ratio
₹87.22m
Debt
| Interest coverage ratio | -209.6x |
| Cash | ₹356.56m |
| Equity | ₹611.60m |
| Total liabilities | ₹559.30m |
| Total assets | ₹1.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: APS's short term assets (₹971.3M) exceed its short term liabilities (₹461.3M).
Long Term Liabilities: APS's short term assets (₹971.3M) exceed its long term liabilities (₹98.0M).
Debt to Equity History and Analysis
Debt Level: APS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if APS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: APS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: APS earns more interest than it pays, so coverage of interest payments is not a concern.