Averbuch Formica Center Balance Sheet Health
Financial Health criteria checks 4/6
Averbuch Formica Center has a total shareholder equity of ₪74.7M and total debt of ₪11.0M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are ₪97.5M and ₪22.7M respectively.
Key information
14.7%
Debt to equity ratio
₪10.97m
Debt
| Interest coverage ratio | n/a |
| Cash | ₪297.00k |
| Equity | ₪74.72m |
| Total liabilities | ₪22.74m |
| Total assets | ₪97.46m |
Recent financial health updates
We Think Averbuch Formica Center (TLV:AVER) Has A Fair Chunk Of Debt
Jun 24
Here's Why Averbuch Formica Center (TLV:AVER) Can Afford Some Debt
Sep 28Does Averbuch Formica Center (TLV:AVER) Have A Healthy Balance Sheet?
Jun 05Is Averbuch Formica Center (TLV:AVER) Using Too Much Debt?
May 02Is Averbuch Formica Center (TLV:AVER) Using Too Much Debt?
Mar 24These 4 Measures Indicate That Averbuch Formica Center (TLV:AVER) Is Using Debt Extensively
Dec 20Recent updates
Shareholders May Be Wary Of Increasing Averbuch Formica Center Ltd.'s (TLV:AVER) CEO Compensation Package
Dec 17Estimating The Fair Value Of Averbuch Formica Center Ltd. (TLV:AVER)
Oct 14We Think Averbuch Formica Center (TLV:AVER) Has A Fair Chunk Of Debt
Jun 24Here's Why Averbuch Formica Center (TLV:AVER) Can Afford Some Debt
Sep 28Does Averbuch Formica Center (TLV:AVER) Have A Healthy Balance Sheet?
Jun 05The Market Lifts Averbuch Formica Center Ltd. (TLV:AVER) Shares 28% But It Can Do More
Jun 02Is Averbuch Formica Center (TLV:AVER) Using Too Much Debt?
May 02Averbuch Formica Center (TLV:AVER) Is Looking To Continue Growing Its Returns On Capital
Jan 09Estimating The Fair Value Of Averbuch Formica Center Ltd. (TLV:AVER)
Jun 29Returns On Capital At Averbuch Formica Center (TLV:AVER) Have Stalled
Jun 02Averbuch Formica Center (TLV:AVER) Strong Profits May Be Masking Some Underlying Issues
Mar 28Is Averbuch Formica Center (TLV:AVER) Using Too Much Debt?
Mar 24Returns On Capital Tell Us A Lot About Averbuch Formica Center (TLV:AVER)
Feb 14
It Might Not Be A Great Idea To Buy Averbuch Formica Center Ltd. (TLV:AVER) For Its Next Dividend
Dec 22These 4 Measures Indicate That Averbuch Formica Center (TLV:AVER) Is Using Debt Extensively
Dec 20Financial Position Analysis
Short Term Liabilities: AVER's short term assets (₪18.0M) do not cover its short term liabilities (₪20.7M).
Long Term Liabilities: AVER's short term assets (₪18.0M) exceed its long term liabilities (₪2.0M).
Debt to Equity History and Analysis
Debt Level: AVER's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: AVER's debt to equity ratio has reduced from 17.5% to 14.7% over the past 5 years.
Debt Coverage: AVER's debt is well covered by operating cash flow (87.7%).
Interest Coverage: Insufficient data to determine if AVER's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 05:24 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Averbuch Formica Center Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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