Golan Renewable Industries Balance Sheet Health
Financial Health criteria checks 6/6
Golan Renewable Industries has a total shareholder equity of ₪329.1M and total debt of ₪57.6M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ₪526.4M and ₪197.3M respectively. Golan Renewable Industries's EBIT is ₪35.4M making its interest coverage ratio 3.6. It has cash and short-term investments of ₪19.3M.
Key information
17.5%
Debt to equity ratio
₪57.59m
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₪19.34m |
| Equity | ₪329.06m |
| Total liabilities | ₪197.34m |
| Total assets | ₪526.40m |
Recent financial health updates
Golan Plastic Products (TLV:GLPL) Has A Pretty Healthy Balance Sheet
Aug 31
Does Golan Plastic Products (TLV:GLPL) Have A Healthy Balance Sheet?
May 26Golan Plastic Products (TLV:GLPL) Seems To Use Debt Rather Sparingly
Feb 17Recent updates
Earnings Not Telling The Story For Golan Renewable Industries Ltd (TLV:GRIN) After Shares Rise 29%
Dec 05Slowing Rates Of Return At Golan Plastic Products (TLV:GLPL) Leave Little Room For Excitement
Nov 10Golan Plastic Products (TLV:GLPL) Has A Pretty Healthy Balance Sheet
Aug 31Golan Plastic Products (TLV:GLPL) Hasn't Managed To Accelerate Its Returns
May 30Does Golan Plastic Products (TLV:GLPL) Have A Healthy Balance Sheet?
May 26Golan Plastic Products (TLV:GLPL) Hasn't Managed To Accelerate Its Returns
May 06What To Know Before Buying Golan Plastic Products Ltd. (TLV:GLPL) For Its Dividend
Mar 23Did You Participate In Any Of Golan Plastic Products' (TLV:GLPL) Respectable 83% Return?
Mar 05Golan Plastic Products (TLV:GLPL) Seems To Use Debt Rather Sparingly
Feb 17What Do The Returns At Golan Plastic Products (TLV:GLPL) Mean Going Forward?
Feb 01Is Weakness In Golan Plastic Products Ltd. (TLV:GLPL) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Jan 18
Two Days Left To Buy Golan Plastic Products Ltd. (TLV:GLPL) Before The Ex-Dividend Date
Jan 03Calculating The Fair Value Of Golan Plastic Products Ltd. (TLV:GLPL)
Dec 20Should Golan Plastic Products Ltd. (TLV:GLPL) Be Part Of Your Dividend Portfolio?
Dec 07Did You Participate In Any Of Golan Plastic Products' (TLV:GLPL) Respectable 79% Return?
Nov 24Financial Position Analysis
Short Term Liabilities: GRIN's short term assets (₪283.5M) exceed its short term liabilities (₪106.8M).
Long Term Liabilities: GRIN's short term assets (₪283.5M) exceed its long term liabilities (₪90.5M).
Debt to Equity History and Analysis
Debt Level: GRIN's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: GRIN's debt to equity ratio has reduced from 21.9% to 17.5% over the past 5 years.
Debt Coverage: GRIN's debt is well covered by operating cash flow (112%).
Interest Coverage: GRIN's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 15:33 |
| End of Day Share Price | 2025/01/30 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
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Analyst Sources
Golan Renewable Industries 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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