APA Group Balance Sheet Health
Financial Health criteria checks 1/6
APA Group has a total shareholder equity of A$3.2B and total debt of A$13.0B, which brings its debt-to-equity ratio to 399.3%. Its total assets and total liabilities are A$19.6B and A$16.3B respectively. APA Group's EBIT is A$1.9B making its interest coverage ratio 3.2. It has cash and short-term investments of A$684.0M.
Key information
399.3%
Debt to equity ratio
AU$12.97b
Debt
| Interest coverage ratio | 3.2x |
| Cash | AU$684.00m |
| Equity | AU$3.25b |
| Total liabilities | AU$16.32b |
| Total assets | AU$19.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APAJ.F's short term assets (A$1.4B) do not cover its short term liabilities (A$2.9B).
Long Term Liabilities: APAJ.F's short term assets (A$1.4B) do not cover its long term liabilities (A$13.5B).
Debt to Equity History and Analysis
Debt Level: APAJ.F's net debt to equity ratio (378.3%) is considered high.
Reducing Debt: APAJ.F's debt to equity ratio has increased from 297.2% to 399.3% over the past 5 years.
Debt Coverage: APAJ.F's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: APAJ.F's interest payments on its debt are well covered by EBIT (3.2x coverage).