Ashot Ashkelon Industries Balance Sheet Health
Financial Health criteria checks 5/6
Ashot Ashkelon Industries has a total shareholder equity of ₪416.0M and total debt of ₪29.9M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are ₪693.4M and ₪277.5M respectively. Ashot Ashkelon Industries's EBIT is ₪44.9M making its interest coverage ratio 13.6. It has cash and short-term investments of ₪21.5M.
Key information
7.2%
Debt to equity ratio
₪29.87m
Debt
| Interest coverage ratio | 13.6x |
| Cash | ₪21.47m |
| Equity | ₪415.96m |
| Total liabilities | ₪277.49m |
| Total assets | ₪693.45m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ASHO's short term assets (₪265.3M) exceed its short term liabilities (₪213.5M).
Long Term Liabilities: ASHO's short term assets (₪265.3M) exceed its long term liabilities (₪64.0M).
Debt to Equity History and Analysis
Debt Level: ASHO's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: ASHO's debt to equity ratio has increased from 6.2% to 7.2% over the past 5 years.
Debt Coverage: ASHO's debt is well covered by operating cash flow (436.6%).
Interest Coverage: ASHO's interest payments on its debt are well covered by EBIT (13.6x coverage).