Aplab Balance Sheet Health
Financial Health criteria checks 3/6
Aplab has a total shareholder equity of ₹117.6M and total debt of ₹266.0M, which brings its debt-to-equity ratio to 226.2%. Its total assets and total liabilities are ₹714.5M and ₹596.9M respectively. Aplab's EBIT is ₹51.7M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹23.4M.
Key information
226.2%
Debt to equity ratio
₹265.99m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹23.43m |
| Equity | ₹117.59m |
| Total liabilities | ₹596.91m |
| Total assets | ₹714.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517096's short term assets (₹550.7M) exceed its short term liabilities (₹511.7M).
Long Term Liabilities: 517096's short term assets (₹550.7M) exceed its long term liabilities (₹85.2M).
Debt to Equity History and Analysis
Debt Level: 517096's net debt to equity ratio (206.3%) is considered high.
Reducing Debt: 517096 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 517096's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: 517096's interest payments on its debt are not well covered by EBIT (2.5x coverage).