Elco Balance Sheet Health
Financial Health criteria checks 1/6
Elco has a total shareholder equity of ₪5.0B and total debt of ₪7.8B, which brings its debt-to-equity ratio to 157.4%. Its total assets and total liabilities are ₪24.0B and ₪19.0B respectively. Elco's EBIT is ₪372.6M making its interest coverage ratio 1.1. It has cash and short-term investments of ₪1.2B.
Key information
157.4%
Debt to equity ratio
₪7.85b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₪1.15b |
| Equity | ₪4.99b |
| Total liabilities | ₪18.99b |
| Total assets | ₪23.98b |
Recent financial health updates
Elco (TLV:ELCO) Has No Shortage Of Debt
Feb 18
Here's Why Elco (TLV:ELCO) Is Weighed Down By Its Debt Load
Oct 11Elco (TLV:ELCO) Use Of Debt Could Be Considered Risky
Jul 04These 4 Measures Indicate That Elco (TLV:ELCO) Is Using Debt Extensively
Mar 23Here's Why Elco (TLV:ELCO) Has A Meaningful Debt Burden
Dec 05Does Elco (TLV:ELCO) Have A Healthy Balance Sheet?
Sep 06Recent updates
Elco (TLV:ELCO) Has No Shortage Of Debt
Feb 18Elco Ltd.'s (TLV:ELCO) Shares Not Telling The Full Story
Jan 07Here's Why Elco (TLV:ELCO) Is Weighed Down By Its Debt Load
Oct 11Elco (TLV:ELCO) Use Of Debt Could Be Considered Risky
Jul 04These 4 Measures Indicate That Elco (TLV:ELCO) Is Using Debt Extensively
Mar 23Here's Why Elco (TLV:ELCO) Has A Meaningful Debt Burden
Dec 05Does Elco (TLV:ELCO) Have A Healthy Balance Sheet?
Sep 06Does Elco (TLV:ELCO) Have A Healthy Balance Sheet?
Feb 27Here's Why Elco (TLV:ELCO) Has A Meaningful Debt Burden
Nov 29We Think Elco (TLV:ELCO) Can Stay On Top Of Its Debt
Aug 29We Think Elco (TLV:ELCO) Can Stay On Top Of Its Debt
May 26Would Elco Ltd. (TLV:ELCO) Be Valuable To Income Investors?
Apr 30Elco Ltd.'s (TLV:ELCO) Stock Is Going Strong: Is the Market Following Fundamentals?
Mar 14Elco (TLV:ELCO) Has Rewarded Shareholders With An Exceptional 391% Total Return On Their Investment
Feb 15Should You Rely On Elco's (TLV:ELCO) Earnings Growth?
Jan 19These 4 Measures Indicate That Elco (TLV:ELCO) Is Using Debt Reasonably Well
Dec 29Are Robust Financials Driving The Recent Rally In Elco Ltd.'s (TLV:ELCO) Stock?
Dec 08
Financial Position Analysis
Short Term Liabilities: ELCO's short term assets (₪9.8B) do not cover its short term liabilities (₪10.5B).
Long Term Liabilities: ELCO's short term assets (₪9.8B) exceed its long term liabilities (₪8.5B).
Debt to Equity History and Analysis
Debt Level: ELCO's net debt to equity ratio (134.3%) is considered high.
Reducing Debt: ELCO's debt to equity ratio has increased from 123.3% to 157.4% over the past 5 years.
Debt Coverage: ELCO's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: ELCO's interest payments on its debt are not well covered by EBIT (1.1x coverage).