Afcon Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Afcon Holdings has a total shareholder equity of ₪492.8M and total debt of ₪546.2M, which brings its debt-to-equity ratio to 110.8%. Its total assets and total liabilities are ₪1.9B and ₪1.4B respectively. Afcon Holdings's EBIT is ₪41.8M making its interest coverage ratio 2.1. It has cash and short-term investments of ₪111.2M.
Key information
110.8%
Debt to equity ratio
₪546.22m
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₪111.18m |
| Equity | ₪492.83m |
| Total liabilities | ₪1.38b |
| Total assets | ₪1.87b |
Recent financial health updates
Is Afcon Holdings (TLV:AFHL) A Risky Investment?
Oct 09
Afcon Holdings (TLV:AFHL) Use Of Debt Could Be Considered Risky
Feb 27Afcon Holdings (TLV:AFHL) Is Carrying A Fair Bit Of Debt
Nov 21Is Afcon Holdings (TLV:AFHL) Using Too Much Debt?
May 24Is Afcon Holdings (TLV:AFHL) Using Too Much Debt?
Feb 09
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Afcon Holdings Ltd (TLV:AFHL)
Nov 12Is Afcon Holdings (TLV:AFHL) A Risky Investment?
Oct 09Getting In Cheap On Afcon Holdings Ltd (TLV:AFHL) Is Unlikely
Aug 09Afcon Holdings (TLV:AFHL) Use Of Debt Could Be Considered Risky
Feb 27Afcon Holdings (TLV:AFHL) Is Carrying A Fair Bit Of Debt
Nov 21Is Afcon Holdings (TLV:AFHL) Using Too Much Debt?
May 24Afcon Holdings' (TLV:AFHL) Strong Earnings Are Of Good Quality
Apr 03Did You Miss Afcon Holdings' (TLV:AFHL) Impressive 104% Share Price Gain?
Mar 17Is Afcon Holdings (TLV:AFHL) Using Too Much Debt?
Feb 09Has Afcon Holdings (TLV:AFHL) Got What It Takes To Become A Multi-Bagger?
Jan 05A Look At Afcon Holdings' (TLV:AFHL) Share Price Returns
Dec 01Financial Position Analysis
Short Term Liabilities: AFHL's short term assets (₪1.1B) exceed its short term liabilities (₪940.4M).
Long Term Liabilities: AFHL's short term assets (₪1.1B) exceed its long term liabilities (₪437.4M).
Debt to Equity History and Analysis
Debt Level: AFHL's net debt to equity ratio (88.3%) is considered high.
Reducing Debt: AFHL's debt to equity ratio has increased from 101.4% to 110.8% over the past 5 years.
Debt Coverage: AFHL's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: AFHL's interest payments on its debt are not well covered by EBIT (2.1x coverage).