Ashot Ashkelon Industries Balance Sheet Health
Financial Health criteria checks 5/6
Ashot Ashkelon Industries has a total shareholder equity of ₪396.6M and total debt of ₪84.5M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are ₪680.6M and ₪283.9M respectively. Ashot Ashkelon Industries's EBIT is ₪41.7M making its interest coverage ratio 6.2. It has cash and short-term investments of ₪5.0M.
Key information
21.3%
Debt to equity ratio
₪84.47m
Debt
Interest coverage ratio | 6.2x |
Cash | ₪4.97m |
Equity | ₪396.64m |
Total liabilities | ₪283.91m |
Total assets | ₪680.56m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ASHO's short term assets (₪270.2M) exceed its short term liabilities (₪236.5M).
Long Term Liabilities: ASHO's short term assets (₪270.2M) exceed its long term liabilities (₪47.4M).
Debt to Equity History and Analysis
Debt Level: ASHO's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: ASHO's debt to equity ratio has increased from 18.1% to 21.3% over the past 5 years.
Debt Coverage: ASHO's debt is well covered by operating cash flow (30.7%).
Interest Coverage: ASHO's interest payments on its debt are well covered by EBIT (6.2x coverage).