APi Group Balance Sheet Health
Financial Health criteria checks 3/6
APi Group has a total shareholder equity of $2.3B and total debt of $2.7B, which brings its debt-to-equity ratio to 118.6%. Its total assets and total liabilities are $7.2B and $4.9B respectively. APi Group's EBIT is $402.0M making its interest coverage ratio 2.8. It has cash and short-term investments of $247.0M.
Key information
118.6%
Debt to equity ratio
US$2.73b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$247.00m |
| Equity | US$2.30b |
| Total liabilities | US$4.89b |
| Total assets | US$7.19b |
Recent financial health updates
Does APi Group (NYSE:APG) Have A Healthy Balance Sheet?
Jan 26
Is APi Group (NYSE:APG) A Risky Investment?
Sep 07APi Group (NYSE:APG) Has A Pretty Healthy Balance Sheet
May 04APi Group (NYSE:APG) Seems To Use Debt Quite Sensibly
Jan 09Recent updates
APi Group Now Looks Fairly Valued, Even With Its Acquisition (Rating Downgrade)
Apr 17APi Group Corporation (NYSE:APG) Investors Are Less Pessimistic Than Expected
Mar 22Margin Expansion Makes Additional Upside For APi Group Possible
Jan 31Does APi Group (NYSE:APG) Have A Healthy Balance Sheet?
Jan 26APi Group: Continued Margin Expansion Expected, Debt Repayment, And Undervalued
Jan 18An Intrinsic Calculation For APi Group Corporation (NYSE:APG) Suggests It's 46% Undervalued
Jan 08APi Group Corporation's (NYSE:APG) Share Price Not Quite Adding Up
Dec 18At US$26.92, Is It Time To Put APi Group Corporation (NYSE:APG) On Your Watch List?
Nov 09APi Group: Find A Better Entry Point
Oct 27Is APi Group (NYSE:APG) A Risky Investment?
Sep 07APi Group Corporation (NYSE:APG) Shares Could Be 41% Below Their Intrinsic Value Estimate
Aug 04Greystone Capital - APi Group: Trading For Less Than 10x EBITDA Looking Out
Jul 31What Is APi Group Corporation's (NYSE:APG) Share Price Doing?
Jun 29Risks To Shareholder Returns Are Elevated At These Prices For APi Group Corporation (NYSE:APG)
Jun 14APi Group: Capitalizing On Market Share Gain And Cross-Selling Opportunities
May 27APi Group Corporation Just Recorded A 16% EPS Beat: Here's What Analysts Are Forecasting Next
May 06APi Group (NYSE:APG) Has A Pretty Healthy Balance Sheet
May 04At US$24.11, Is It Time To Put APi Group Corporation (NYSE:APG) On Your Watch List?
Mar 041 Main Capital - APi Group: Should Significantly De-Lever And Generate $2.25-2.50 Of EPS By 2027
Feb 24Calculating The Intrinsic Value Of APi Group Corporation (NYSE:APG)
Feb 14Laughing Water Capital - APi Group: Not Alone In My Optimism
Feb 01APi Group announces recent $200M debt paydown
Jan 12APi Group (NYSE:APG) Seems To Use Debt Quite Sensibly
Jan 09APi Group Non-GAAP EPS of $0.37 in-line, revenue of $1.73B beats by $50M
Nov 03APi Group Corporation's (NYSE:APG) Intrinsic Value Is Potentially 70% Above Its Share Price
Nov 02Financial Position Analysis
Short Term Liabilities: APG's short term assets ($2.2B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: APG's short term assets ($2.2B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: APG's net debt to equity ratio (107.9%) is considered high.
Reducing Debt: APG's debt to equity ratio has increased from 10.2% to 118.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable APG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: APG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.4% per year.