Afcon Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Afcon Holdings has a total shareholder equity of ₪508.1M and total debt of ₪533.8M, which brings its debt-to-equity ratio to 105.1%. Its total assets and total liabilities are ₪1.8B and ₪1.3B respectively. Afcon Holdings's EBIT is ₪54.3M making its interest coverage ratio 2.9. It has cash and short-term investments of ₪113.0M.

Key information

105.1%

Debt to equity ratio

₪533.82m

Debt

Interest coverage ratio2.9x
Cash₪112.99m
Equity₪508.12m
Total liabilities₪1.33b
Total assets₪1.83b

Recent financial health updates

Recent updates

Risks To Shareholder Returns Are Elevated At These Prices For Afcon Holdings Ltd (TLV:AFHL)

Nov 12
Risks To Shareholder Returns Are Elevated At These Prices For Afcon Holdings Ltd (TLV:AFHL)

Is Afcon Holdings (TLV:AFHL) A Risky Investment?

Oct 09
Is Afcon Holdings (TLV:AFHL) A Risky Investment?

Getting In Cheap On Afcon Holdings Ltd (TLV:AFHL) Is Unlikely

Aug 09
Getting In Cheap On Afcon Holdings Ltd (TLV:AFHL) Is Unlikely

Afcon Holdings (TLV:AFHL) Use Of Debt Could Be Considered Risky

Feb 27
Afcon Holdings (TLV:AFHL) Use Of Debt Could Be Considered Risky

Afcon Holdings (TLV:AFHL) Is Carrying A Fair Bit Of Debt

Nov 21
Afcon Holdings (TLV:AFHL) Is Carrying A Fair Bit Of Debt

Is Afcon Holdings (TLV:AFHL) Using Too Much Debt?

May 24
Is Afcon Holdings (TLV:AFHL) Using Too Much Debt?

Afcon Holdings' (TLV:AFHL) Strong Earnings Are Of Good Quality

Apr 03
Afcon Holdings' (TLV:AFHL) Strong Earnings Are Of Good Quality

Did You Miss Afcon Holdings' (TLV:AFHL) Impressive 104% Share Price Gain?

Mar 17
Did You Miss Afcon Holdings' (TLV:AFHL) Impressive 104% Share Price Gain?

Is Afcon Holdings (TLV:AFHL) Using Too Much Debt?

Feb 09
Is Afcon Holdings (TLV:AFHL) Using Too Much Debt?

Has Afcon Holdings (TLV:AFHL) Got What It Takes To Become A Multi-Bagger?

Jan 05
Has Afcon Holdings (TLV:AFHL) Got What It Takes To Become A Multi-Bagger?

A Look At Afcon Holdings' (TLV:AFHL) Share Price Returns

Dec 01
A Look At Afcon Holdings' (TLV:AFHL) Share Price Returns

Financial Position Analysis

Short Term Liabilities: AFHL's short term assets (₪1.1B) exceed its short term liabilities (₪853.3M).

Long Term Liabilities: AFHL's short term assets (₪1.1B) exceed its long term liabilities (₪471.9M).


Debt to Equity History and Analysis

Debt Level: AFHL's net debt to equity ratio (82.8%) is considered high.

Reducing Debt: AFHL's debt to equity ratio has increased from 103.5% to 105.1% over the past 5 years.

Debt Coverage: AFHL's debt is not well covered by operating cash flow (14.8%).

Interest Coverage: AFHL's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 17:36
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Analyst Sources

Afcon Holdings Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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