Afcon Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Afcon Holdings has a total shareholder equity of ₪483.7M and total debt of ₪474.6M, which brings its debt-to-equity ratio to 98.1%. Its total assets and total liabilities are ₪1.8B and ₪1.3B respectively. Afcon Holdings's EBIT is ₪35.4M making its interest coverage ratio 1.8. It has cash and short-term investments of ₪112.2M.
Key information
98.1%
Debt to equity ratio
₪474.64m
Debt
Interest coverage ratio | 1.8x |
Cash | ₪112.24m |
Equity | ₪483.72m |
Total liabilities | ₪1.30b |
Total assets | ₪1.78b |
Recent financial health updates
Is Afcon Holdings (TLV:AFHL) A Risky Investment?
Oct 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 24Is Afcon Holdings (TLV:AFHL) Using Too Much Debt?
Feb 09Recent updates
Is 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 (₪855.3M).
Long Term Liabilities: AFHL's short term assets (₪1.1B) exceed its long term liabilities (₪445.8M).
Debt to Equity History and Analysis
Debt Level: AFHL's net debt to equity ratio (74.9%) is considered high.
Reducing Debt: AFHL's debt to equity ratio has reduced from 107% to 98.1% over the past 5 years.
Debt Coverage: AFHL's debt is well covered by operating cash flow (21.7%).
Interest Coverage: AFHL's interest payments on its debt are not well covered by EBIT (1.8x coverage).