Amiad Water Systems Balance Sheet Health
Financial Health criteria checks 6/6
Amiad Water Systems has a total shareholder equity of $77.0M and total debt of $19.4M, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are $142.4M and $65.4M respectively. Amiad Water Systems's EBIT is $5.9M making its interest coverage ratio 4.1. It has cash and short-term investments of $12.4M.
Key information
29.7%
Debt to equity ratio
US$22.54m
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$10.23m |
| Equity | US$75.94m |
| Total liabilities | US$66.81m |
| Total assets | US$142.75m |
Recent financial health updates
No updates
Recent updates
Additional Considerations Required While Assessing Amiad Water Systems' (TLV:AMD) Strong Earnings
Sep 03
Amiad Water Systems' (TLV:AMD) Returns Have Hit A Wall
Jun 04Amiad Water Systems Ltd.'s (TLV:AMD) 25% Share Price Surge Not Quite Adding Up
Mar 30Amiad Water Systems Ltd.'s (TLV:AMD) Share Price Could Signal Some Risk
Nov 10Calculating The Intrinsic Value Of Amiad Water Systems Ltd. (TLV:AMD)
May 24Financial Position Analysis
Short Term Liabilities: AMD's short term assets ($92.3M) exceed its short term liabilities ($50.5M).
Long Term Liabilities: AMD's short term assets ($92.3M) exceed its long term liabilities ($14.9M).
Debt to Equity History and Analysis
Debt Level: AMD's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: AMD's debt to equity ratio has reduced from 47.2% to 25.2% over the past 5 years.
Debt Coverage: AMD's debt is well covered by operating cash flow (56.8%).
Interest Coverage: AMD's interest payments on its debt are well covered by EBIT (4.1x coverage).