Lachish Industries Balance Sheet Health
Financial Health criteria checks 6/6
Lachish Industries has a total shareholder equity of ₪54.8M and total debt of ₪6.3M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are ₪122.4M and ₪67.7M respectively. Lachish Industries's EBIT is ₪14.2M making its interest coverage ratio -194.5. It has cash and short-term investments of ₪15.6M.
Key information
11.5%
Debt to equity ratio
₪6.32m
Debt
| Interest coverage ratio | -194.5x |
| Cash | ₪15.63m |
| Equity | ₪54.79m |
| Total liabilities | ₪67.65m |
| Total assets | ₪122.44m |
Recent financial health updates
Recent updates
Why We Like The Returns At Lachish Industries (TLV:LHIS)
Mar 20
We Think Lachish Industries Ltd's (TLV:LHIS) CEO Compensation Looks Fair
Dec 12Returns At Lachish Industries (TLV:LHIS) Are On The Way Up
Aug 18Lachish Industries (TLV:LHIS) Is Experiencing Growth In Returns On Capital
Mar 02Is Lachish Industries (TLV:LHIS) A Risky Investment?
Sep 21Returns Are Gaining Momentum At Lachish Industries (TLV:LHIS)
Jun 21Lachish Industries' (TLV:LHIS) Returns On Capital Are Heading Higher
Jan 05Does Lachish Industries (TLV:LHIS) Deserve A Spot On Your Watchlist?
Dec 02With EPS Growth And More, Lachish Industries (TLV:LHIS) Is Interesting
Aug 03Returns On Capital Are A Standout For Lachish Industries (TLV:LHIS)
May 10Why Lachish Industries Ltd (TLV:LHIS) Should Be In Your Dividend Portfolio
Apr 18Do Lachish Industries's (TLV:LHIS) Earnings Warrant Your Attention?
Mar 25Lachish Industries Ltd's (TLV:LHIS) Stock Been Rising: Are Strong Financials Guiding The Market?
Feb 26Will Lachish Industries (TLV:LHIS) Multiply In Value Going Forward?
Feb 04Here's Why We Think Lachish Industries's (TLV:LHIS) Statutory Earnings Might Be Conservative
Jan 18With EPS Growth And More, Lachish Industries (TLV:LHIS) Is Interesting
Dec 15
Is Lachish Industries Ltd's (TLV:LHIS) Latest Stock Performance A Reflection Of Its Financial Health?
Nov 27Financial Position Analysis
Short Term Liabilities: LHIS's short term assets (₪100.1M) exceed its short term liabilities (₪60.1M).
Long Term Liabilities: LHIS's short term assets (₪100.1M) exceed its long term liabilities (₪7.6M).
Debt to Equity History and Analysis
Debt Level: LHIS has more cash than its total debt.
Reducing Debt: LHIS's debt to equity ratio has reduced from 17.7% to 11.5% over the past 5 years.
Debt Coverage: LHIS's debt is well covered by operating cash flow (121.4%).
Interest Coverage: LHIS earns more interest than it pays, so coverage of interest payments is not a concern.