APi Group Balance Sheet Health
Financial Health criteria checks 3/6
APi Group has a total shareholder equity of $3.0B and total debt of $2.9B, which brings its debt-to-equity ratio to 96.3%. Its total assets and total liabilities are $8.2B and $5.3B respectively. APi Group's EBIT is $439.0M making its interest coverage ratio 3.5. It has cash and short-term investments of $487.0M.
Key information
96.3%
Debt to equity ratio
US$2.86b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$487.00m |
| Equity | US$2.97b |
| Total liabilities | US$5.28b |
| Total assets | US$8.25b |
Recent financial health updates
APi Group (NYSE:APG) Has A Pretty Healthy Balance Sheet
Nov 01
Does APi Group (NYSE:APG) Have A Healthy Balance Sheet?
Jan 26Is APi Group (NYSE:APG) A Risky Investment?
Sep 07Recent updates
Returns On Capital Are Showing Encouraging Signs At APi Group (NYSE:APG)
Nov 22APi Group (NYSE:APG) Has A Pretty Healthy Balance Sheet
Nov 01APi Price And Earnings Diverge, Setting Up Strong Buy Rating
Oct 15Is There An Opportunity With APi Group Corporation's (NYSE:APG) 50% Undervaluation?
Oct 10There's Reason For Concern Over APi Group Corporation's (NYSE:APG) Price
Jul 15APi Group: Leading Player In An Attractive Industry
Jul 02An Intrinsic Calculation For APi Group Corporation (NYSE:APG) Suggests It's 43% Undervalued
May 09APi 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 27Financial Position Analysis
Short Term Liabilities: APG's short term assets ($2.7B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: APG's short term assets ($2.7B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: APG's net debt to equity ratio (79.8%) is considered high.
Reducing Debt: APG's debt to equity ratio has increased from 57.2% to 96.3% 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 15.3% per year.