Tgi Infrastructures Balance Sheet Health
Financial Health criteria checks 5/6
Tgi Infrastructures has a total shareholder equity of ₪121.4M and total debt of ₪46.8M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are ₪264.8M and ₪143.4M respectively. Tgi Infrastructures's EBIT is ₪12.4M making its interest coverage ratio 2.3. It has cash and short-term investments of ₪51.2M.
Key information
38.6%
Debt to equity ratio
₪46.83m
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₪51.22m |
| Equity | ₪121.36m |
| Total liabilities | ₪143.39m |
| Total assets | ₪264.75m |
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 (₪162.2M) exceed its short term liabilities (₪80.6M).
Long Term Liabilities: TGI's short term assets (₪162.2M) exceed its long term liabilities (₪62.8M).
Debt to Equity History and Analysis
Debt Level: TGI has more cash than its total debt.
Reducing Debt: TGI's debt to equity ratio has reduced from 153.6% to 38.6% over the past 5 years.
Debt Coverage: TGI's debt is well covered by operating cash flow (44.3%).
Interest Coverage: TGI's interest payments on its debt are not well covered by EBIT (2.3x coverage).