Apogee Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Apogee Enterprises has a total shareholder equity of $471.0M and total debt of $62.0M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are $884.1M and $413.0M respectively. Apogee Enterprises's EBIT is $133.8M making its interest coverage ratio 20.1. It has cash and short-term investments of $37.2M.
Key information
13.2%
Debt to equity ratio
US$62.00m
Debt
| Interest coverage ratio | 20.1x |
| Cash | US$37.22m |
| Equity | US$471.03m |
| Total liabilities | US$413.04m |
| Total assets | US$884.06m |
Recent financial health updates
Here's Why Apogee Enterprises (NASDAQ:APOG) Can Manage Its Debt Responsibly
Sep 26
Apogee Enterprises (NASDAQ:APOG) Has A Pretty Healthy Balance Sheet
Jun 26Recent updates
Apogee Enterprises: Testing The Highs After Margin Progress Comes Through
Apr 16With EPS Growth And More, Apogee Enterprises (NASDAQ:APOG) Makes An Interesting Case
Feb 27The Market Doesn't Like What It Sees From Apogee Enterprises, Inc.'s (NASDAQ:APOG) Earnings Yet
Feb 13Apogee Enterprises: Despite Recent Pain, Shares Offer Further Upside
Feb 02Apogee Enterprises (NASDAQ:APOG) Has Announced That It Will Be Increasing Its Dividend To $0.25
Jan 14Do Apogee Enterprises' (NASDAQ:APOG) Earnings Warrant Your Attention?
Nov 05Here's Why Apogee Enterprises (NASDAQ:APOG) Can Manage Its Debt Responsibly
Sep 26Returns On Capital Are Showing Encouraging Signs At Apogee Enterprises (NASDAQ:APOG)
Sep 08Here's Why Apogee Enterprises (NASDAQ:APOG) Has Caught The Eye Of Investors
Aug 01Apogee Enterprises (NASDAQ:APOG) Has A Pretty Healthy Balance Sheet
Jun 26Apogee Enterprises (NASDAQ:APOG) Is Increasing Its Dividend To $0.24
May 07Apogee Enterprises' (NASDAQ:APOG) Dividend Will Be Increased To $0.24
Apr 23Is It Too Late To Consider Buying Apogee Enterprises, Inc. (NASDAQ:APOG)?
Apr 20Apogee Enterprises (NASDAQ:APOG) Could Become A Multi-Bagger
Mar 10The Return Trends At Apogee Enterprises (NASDAQ:APOG) Look Promising
Dec 08At US$44.43, Is Apogee Enterprises, Inc. (NASDAQ:APOG) Worth Looking At Closely?
Oct 28Apogee Offers Compelling Value
Oct 17Apogee declares $0.22 dividend
Oct 06Apogee FQ2 2023 Earnings Preview
Sep 19Apogee Enterprises: A Revision To Expectations
Sep 13An Intrinsic Calculation For Apogee Enterprises, Inc. (NASDAQ:APOG) Suggests It's 45% Undervalued
Aug 27Apogee Enterprises increases credit facility to $385M
Aug 05Apogee Enterprises announces CFO transition
Jul 25Is Apogee Enterprises, Inc. (NASDAQ:APOG) Potentially Undervalued?
Jul 21Are Investors Undervaluing Apogee Enterprises, Inc. (NASDAQ:APOG) By 49%?
Apr 11Apogee Enterprises Q4 Earnings Preview: Keep An Eye On The Long Game
Apr 05Apogee Enterprises (NASDAQ:APOG) Is Increasing Its Dividend To US$0.22
Jan 17Is It Too Late To Consider Buying Apogee Enterprises, Inc. (NASDAQ:APOG)?
Jan 13Calculating The Intrinsic Value Of Apogee Enterprises, Inc. (NASDAQ:APOG)
Dec 22Financial Position Analysis
Short Term Liabilities: APOG's short term assets ($358.6M) exceed its short term liabilities ($244.7M).
Long Term Liabilities: APOG's short term assets ($358.6M) exceed its long term liabilities ($168.3M).
Debt to Equity History and Analysis
Debt Level: APOG's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: APOG's debt to equity ratio has reduced from 49.5% to 13.2% over the past 5 years.
Debt Coverage: APOG's debt is well covered by operating cash flow (329.3%).
Interest Coverage: APOG's interest payments on its debt are well covered by EBIT (20.1x coverage).