Aryt Industries Balance Sheet Health
Financial Health criteria checks 5/6
Aryt Industries has a total shareholder equity of ₪52.7M and total debt of ₪4.4M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are ₪91.9M and ₪39.2M respectively. Aryt Industries's EBIT is ₪14.0M making its interest coverage ratio 45.7. It has cash and short-term investments of ₪18.4M.
Key information
8.4%
Debt to equity ratio
₪4.44m
Debt
| Interest coverage ratio | 45.7x |
| Cash | ₪18.43m |
| Equity | ₪52.65m |
| Total liabilities | ₪39.20m |
| Total assets | ₪91.85m |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Aryt Industries Ltd.'s (TLV:ARYT) Massive 25% Price Jump
May 23
Aryt Industries (TLV:ARYT) Has More To Do To Multiply In Value Going Forward
May 07We Think Aryt Industries' (TLV:ARYT) Healthy Earnings Might Be Conservative
Apr 04Capital Allocation Trends At Aryt Industries (TLV:ARYT) Aren't Ideal
May 01Returns On Capital - An Important Metric For Aryt Industries (TLV:ARYT)
Jan 31
Are Aryt Industries's (TLV:ARYT) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 23Aryt Industries Ltd.'s (TLV:ARYT) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Nov 27Financial Position Analysis
Short Term Liabilities: ARYT's short term assets (₪83.1M) exceed its short term liabilities (₪27.3M).
Long Term Liabilities: ARYT's short term assets (₪83.1M) exceed its long term liabilities (₪11.9M).
Debt to Equity History and Analysis
Debt Level: ARYT has more cash than its total debt.
Reducing Debt: ARYT's debt to equity ratio has increased from 0% to 8.4% over the past 5 years.
Debt Coverage: ARYT's debt is well covered by operating cash flow (356.4%).
Interest Coverage: ARYT's interest payments on its debt are well covered by EBIT (45.7x coverage).