Delek Group Balance Sheet Health
Financial Health criteria checks 3/6
Delek Group has a total shareholder equity of ₪15.2B and total debt of ₪14.1B, which brings its debt-to-equity ratio to 92.7%. Its total assets and total liabilities are ₪44.7B and ₪29.5B respectively. Delek Group's EBIT is ₪4.3B making its interest coverage ratio 2.7. It has cash and short-term investments of ₪2.8B.
Key information
92.7%
Debt to equity ratio
₪14.09b
Debt
Interest coverage ratio | 2.7x |
Cash | ₪2.84b |
Equity | ₪15.20b |
Total liabilities | ₪29.50b |
Total assets | ₪44.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6D40's short term assets (₪7.0B) exceed its short term liabilities (₪6.2B).
Long Term Liabilities: 6D40's short term assets (₪7.0B) do not cover its long term liabilities (₪23.3B).
Debt to Equity History and Analysis
Debt Level: 6D40's net debt to equity ratio (74%) is considered high.
Reducing Debt: 6D40's debt to equity ratio has reduced from 179.7% to 92.7% over the past 5 years.
Debt Coverage: 6D40's debt is well covered by operating cash flow (42.8%).
Interest Coverage: 6D40's interest payments on its debt are not well covered by EBIT (2.7x coverage).