Global Knafaim Leasing Balance Sheet Health
Financial Health criteria checks 1/6
Global Knafaim Leasing has a total shareholder equity of $55.9M and total debt of $64.5M, which brings its debt-to-equity ratio to 115.4%. Its total assets and total liabilities are $125.0M and $69.1M respectively. Global Knafaim Leasing's EBIT is $5.0M making its interest coverage ratio 1.8. It has cash and short-term investments of $3.1M.
Key information
115.4%
Debt to equity ratio
US$64.47m
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$3.09m |
| Equity | US$55.87m |
| Total liabilities | US$69.12m |
| Total assets | US$124.99m |
Recent financial health updates
Does Global Knafaim Leasing (TLV:GKL) Have A Healthy Balance Sheet?
Aug 30
We Think Global Knafaim Leasing (TLV:GKL) Is Taking Some Risk With Its Debt
Apr 04Global Knafaim Leasing (TLV:GKL) Has Debt But No Earnings; Should You Worry?
May 26Global Knafaim Leasing (TLV:GKL) Has Debt But No Earnings; Should You Worry?
Feb 10
Recent updates
We Think Global Knafaim Leasing's (TLV:GKL) Profit Is Only A Baseline For What They Can Achieve
Dec 01Subdued Growth No Barrier To Global Knafaim Leasing Ltd (TLV:GKL) With Shares Advancing 25%
Oct 02Does Global Knafaim Leasing (TLV:GKL) Have A Healthy Balance Sheet?
Aug 30We Think Global Knafaim Leasing (TLV:GKL) Is Taking Some Risk With Its Debt
Apr 04Global Knafaim Leasing (TLV:GKL) Has Debt But No Earnings; Should You Worry?
May 26Global Knafaim Leasing (TLV:GKL) Has Debt But No Earnings; Should You Worry?
Feb 10Financial Position Analysis
Short Term Liabilities: GKL's short term assets ($6.8M) do not cover its short term liabilities ($8.7M).
Long Term Liabilities: GKL's short term assets ($6.8M) do not cover its long term liabilities ($60.4M).
Debt to Equity History and Analysis
Debt Level: GKL's net debt to equity ratio (109.9%) is considered high.
Reducing Debt: GKL's debt to equity ratio has reduced from 155.1% to 115.4% over the past 5 years.
Debt Coverage: GKL's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: GKL's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 00:06 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| 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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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
Global Knafaim Leasing 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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