Aplab Balance Sheet Health
Financial Health criteria checks 3/6
Aplab has a total shareholder equity of ₹81.1M and total debt of ₹279.0M, which brings its debt-to-equity ratio to 343.9%. Its total assets and total liabilities are ₹794.5M and ₹713.4M respectively. Aplab's EBIT is ₹97.7M making its interest coverage ratio 3. It has cash and short-term investments of ₹14.0M.
Key information
343.9%
Debt to equity ratio
₹278.96m
Debt
Interest coverage ratio | 3x |
Cash | ₹14.03m |
Equity | ₹81.11m |
Total liabilities | ₹713.43m |
Total assets | ₹794.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517096's short term assets (₹479.1M) do not cover its short term liabilities (₹603.6M).
Long Term Liabilities: 517096's short term assets (₹479.1M) exceed its long term liabilities (₹109.8M).
Debt to Equity History and Analysis
Debt Level: 517096's net debt to equity ratio (326.6%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 517096's interest payments on its debt are well covered by EBIT (3x coverage).