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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 22:38 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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Industry and Sector Metrics
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Analyst Sources
Australian Premium Solar (India) 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.
| Analyst | Institution |
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