Electra Balance Sheet Health
Financial Health criteria checks 3/6
Electra has a total shareholder equity of ₪1.9B and total debt of ₪3.7B, which brings its debt-to-equity ratio to 193.4%. Its total assets and total liabilities are ₪11.2B and ₪9.2B respectively. Electra's EBIT is ₪454.3M making its interest coverage ratio 4.4. It has cash and short-term investments of ₪710.6M.
Key information
193.4%
Debt to equity ratio
₪3.70b
Debt
| Interest coverage ratio | 4.4x |
| Cash | ₪710.56m |
| Equity | ₪1.91b |
| Total liabilities | ₪9.25b |
| Total assets | ₪11.16b |
Recent financial health updates
Electra (TLV:ELTR) Takes On Some Risk With Its Use Of Debt
Jan 27
Does Electra (TLV:ELTR) Have A Healthy Balance Sheet?
Jan 26We Think Electra (TLV:ELTR) Is Taking Some Risk With Its Debt
Sep 16Is Electra (TLV:ELTR) Using Too Much Debt?
Jun 08Electra (TLV:ELTR) Has A Somewhat Strained Balance Sheet
Feb 20Does Electra (TLV:ELTR) Have A Healthy Balance Sheet?
Nov 17Recent updates
Electra (TLV:ELTR) Has Some Way To Go To Become A Multi-Bagger
Feb 20Electra (TLV:ELTR) Takes On Some Risk With Its Use Of Debt
Jan 27Electra Limited's (TLV:ELTR) Share Price Could Signal Some Risk
Dec 21We Think Shareholders May Want To Consider A Review Of Electra Limited's (TLV:ELTR) CEO Compensation Package
Nov 16Return Trends At Electra (TLV:ELTR) Aren't Appealing
Jul 12Do Electra's (TLV:ELTR) Earnings Warrant Your Attention?
May 09Returns On Capital At Electra (TLV:ELTR) Have Hit The Brakes
Mar 23Does Electra (TLV:ELTR) Have A Healthy Balance Sheet?
Jan 26Should You Be Adding Electra (TLV:ELTR) To Your Watchlist Today?
Dec 19Returns At Electra (TLV:ELTR) Appear To Be Weighed Down
Nov 29We Think Electra (TLV:ELTR) Is Taking Some Risk With Its Debt
Sep 16Electra (TLV:ELTR) Has More To Do To Multiply In Value Going Forward
Aug 29Is Electra (TLV:ELTR) Using Too Much Debt?
Jun 08Here's What To Make Of Electra's (TLV:ELTR) Decelerating Rates Of Return
May 16Electra (TLV:ELTR) Has A Somewhat Strained Balance Sheet
Feb 20Here's What To Make Of Electra's (TLV:ELTR) Decelerating Rates Of Return
Jan 30Does Electra (TLV:ELTR) Have A Healthy Balance Sheet?
Nov 17Electra (TLV:ELTR) Seems To Use Debt Quite Sensibly
Jul 29Returns On Capital At Electra (TLV:ELTR) Have Stalled
May 15Calculating The Intrinsic Value Of Electra Limited (TLV:ELTR)
Apr 30Electra (TLV:ELTR) Has A Pretty Healthy Balance Sheet
Apr 12Key Things To Consider Before Buying Electra Limited (TLV:ELTR) For Its Dividend
Mar 25Are Institutions Heavily Invested In Electra Limited's (TLV:ELTR) Shares?
Mar 11Is Electra Limited's (TLV:ELTR) 14% ROE Better Than Average?
Feb 24Should You Be Impressed By Electra's (TLV:ELTR) Returns on Capital?
Jan 21
Here's Why Electra (TLV:ELTR) Can Manage Its Debt Responsibly
Jan 06Here's How We Evaluate Electra Limited's (TLV:ELTR) Dividend
Dec 22What Type Of Shareholders Own The Most Number of Electra Limited (TLV:ELTR) Shares?
Dec 08Can Electra Limited's (TLV:ELTR) ROE Continue To Surpass The Industry Average?
Nov 25Financial Position Analysis
Short Term Liabilities: ELTR's short term assets (₪7.1B) exceed its short term liabilities (₪6.5B).
Long Term Liabilities: ELTR's short term assets (₪7.1B) exceed its long term liabilities (₪2.7B).
Debt to Equity History and Analysis
Debt Level: ELTR's net debt to equity ratio (156.2%) is considered high.
Reducing Debt: ELTR's debt to equity ratio has increased from 136.6% to 193.4% over the past 5 years.
Debt Coverage: ELTR's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: ELTR's interest payments on its debt are well covered by EBIT (4.4x coverage).