Ludan Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Ludan Engineering has a total shareholder equity of ₪135.5M and total debt of ₪40.4M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are ₪460.3M and ₪324.8M respectively. Ludan Engineering's EBIT is ₪42.8M making its interest coverage ratio 10.2. It has cash and short-term investments of ₪34.4M.
Key information
29.8%
Debt to equity ratio
₪40.36m
Debt
| Interest coverage ratio | 10.2x |
| Cash | ₪34.38m |
| Equity | ₪135.52m |
| Total liabilities | ₪324.82m |
| Total assets | ₪460.34m |
Recent financial health updates
We Think Ludan Engineering (TLV:LUDN) Can Stay On Top Of Its Debt
Apr 26
Ludan Engineering (TLV:LUDN) Seems To Use Debt Rather Sparingly
Jun 04Ludan Engineering (TLV:LUDN) Has A Pretty Healthy Balance Sheet
Jan 25Is Ludan Engineering (TLV:LUDN) A Risky Investment?
Dec 26
Recent updates
There May Be Reason For Hope In Ludan Engineering's (TLV:LUDN) Disappointing Earnings
Aug 29We Think Ludan Engineering (TLV:LUDN) Can Stay On Top Of Its Debt
Apr 26Estimating The Intrinsic Value Of Ludan Engineering Co. Ltd (TLV:LUDN)
Aug 10Ludan Engineering (TLV:LUDN) Seems To Use Debt Rather Sparingly
Jun 04Ludan Engineering (TLV:LUDN) Has A Pretty Healthy Balance Sheet
Jan 25Does Ludan Engineering (TLV:LUDN) Deserve A Spot On Your Watchlist?
Nov 09Here's Why I Think Ludan Engineering (TLV:LUDN) Is An Interesting Stock
Jul 14Investors Will Want Ludan Engineering's (TLV:LUDN) Growth In ROCE To Persist
May 10Do Ludan Engineering's (TLV:LUDN) Earnings Warrant Your Attention?
Mar 12Ludan Engineering's (TLV:LUDN) Earnings Are Growing But Is There More To The Story?
Feb 18What Do The Returns At Ludan Engineering (TLV:LUDN) Mean Going Forward?
Feb 01Is Ludan Engineering Co. Ltd.'s(TLV:LUDN) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 12Is Ludan Engineering (TLV:LUDN) A Risky Investment?
Dec 26Is Now The Time To Put Ludan Engineering (TLV:LUDN) On Your Watchlist?
Dec 08Financial Position Analysis
Short Term Liabilities: LUDN's short term assets (₪294.7M) exceed its short term liabilities (₪218.3M).
Long Term Liabilities: LUDN's short term assets (₪294.7M) exceed its long term liabilities (₪106.6M).
Debt to Equity History and Analysis
Debt Level: LUDN's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: LUDN's debt to equity ratio has reduced from 120.9% to 29.8% over the past 5 years.
Debt Coverage: LUDN's debt is well covered by operating cash flow (122.9%).
Interest Coverage: LUDN's interest payments on its debt are well covered by EBIT (10.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 08:16 |
| End of Day Share Price | 2025/02/06 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Ludan Engineering Co. 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.