Tgi Infrastructures Balance Sheet Health
Financial Health criteria checks 5/6
Tgi Infrastructures has a total shareholder equity of ₪122.9M and total debt of ₪42.2M, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are ₪228.0M and ₪105.1M respectively. Tgi Infrastructures's EBIT is ₪6.3M making its interest coverage ratio 1.9. It has cash and short-term investments of ₪14.0M.
Key information
34.3%
Debt to equity ratio
₪42.21m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₪13.98m |
| Equity | ₪122.95m |
| Total liabilities | ₪105.07m |
| Total assets | ₪228.02m |
Recent financial health updates
Is Tgi Infrastructures (TLV:TGI) A Risky Investment?
Nov 06
Is Tadir-Gan (Precision Products) 1993 (TLV:TDGN-L) Using Debt Sensibly?
Dec 01
Recent updates
We Think That There Are Some Issues For Tgi Infrastructures (TLV:TGI) Beyond Its Promising Earnings
Jun 05Tgi Infrastructures (TLV:TGI) Might Have The Makings Of A Multi-Bagger
May 31Returns Are Gaining Momentum At Tgi Infrastructures (TLV:TGI)
Nov 30Is Tgi Infrastructures (TLV:TGI) A Risky Investment?
Nov 06Tgi Infrastructures Ltd's (TLV:TGI) Shares Not Telling The Full Story
Jul 11Is Tadir-Gan (Precision Products) 1993 (TLV:TDGN-L) Using Debt Sensibly?
Dec 01Financial Position Analysis
Short Term Liabilities: TGI's short term assets (₪126.2M) exceed its short term liabilities (₪53.0M).
Long Term Liabilities: TGI's short term assets (₪126.2M) exceed its long term liabilities (₪52.0M).
Debt to Equity History and Analysis
Debt Level: TGI's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: TGI's debt to equity ratio has reduced from 163.8% to 34.3% over the past 5 years.
Debt Coverage: TGI's debt is well covered by operating cash flow (50%).
Interest Coverage: TGI's interest payments on its debt are not well covered by EBIT (1.9x coverage).