Scope Metals Group Balance Sheet Health
Financial Health criteria checks 4/6
Scope Metals Group has a total shareholder equity of ₪984.8M and total debt of ₪908.6M, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are ₪2.1B and ₪1.1B respectively. Scope Metals Group's EBIT is ₪220.8M making its interest coverage ratio 12.4. It has cash and short-term investments of ₪381.7M.
Key information
92.3%
Debt to equity ratio
₪908.58m
Debt
| Interest coverage ratio | 12.4x |
| Cash | ₪381.68m |
| Equity | ₪984.83m |
| Total liabilities | ₪1.14b |
| Total assets | ₪2.12b |
Recent financial health updates
These 4 Measures Indicate That Scope Metals Group (TLV:SCOP) Is Using Debt Reasonably Well
May 09
Does Scope Metals Group (TLV:SCOP) Have A Healthy Balance Sheet?
Jun 10Recent updates
A Look At The Intrinsic Value Of Scope Metals Group Ltd. (TLV:SCOP)
Aug 23These 4 Measures Indicate That Scope Metals Group (TLV:SCOP) Is Using Debt Reasonably Well
May 09If EPS Growth Is Important To You, Scope Metals Group (TLV:SCOP) Presents An Opportunity
Mar 26A Look At The Intrinsic Value Of Scope Metals Group Ltd. (TLV:SCOP)
Feb 09Scope Metals Group (TLV:SCOP) Is Achieving High Returns On Its Capital
Dec 09Calculating The Intrinsic Value Of Scope Metals Group Ltd. (TLV:SCOP)
Apr 21Do Scope Metals Group's (TLV:SCOP) Earnings Warrant Your Attention?
Jan 06Does Scope Metals Group (TLV:SCOP) Have A Healthy Balance Sheet?
Jun 10We Think That There Are More Issues For Scope Metals Group (TLV:SCOP) Than Just Sluggish Earnings
Mar 17Scope Metals Group (TLV:SCOP) Has Gifted Shareholders With A Fantastic 169% Total Return On Their Investment
Feb 12
Here's What Scope Metals Group Ltd.'s (TLV:SCOP) Shareholder Ownership Structure Looks Like
Jan 25Should You Be Excited About Scope Metals Group Ltd.'s (TLV:SCOP) 14% Return On Equity?
Jan 07A Look At The Fair Value Of Scope Metals Group Ltd. (TLV:SCOP)
Dec 18How Much Is Scope Metals Group's (TLV:SCOP) CEO Getting Paid?
Dec 01Financial Position Analysis
Short Term Liabilities: SCOP's short term assets (₪1.5B) exceed its short term liabilities (₪524.9M).
Long Term Liabilities: SCOP's short term assets (₪1.5B) exceed its long term liabilities (₪611.3M).
Debt to Equity History and Analysis
Debt Level: SCOP's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: SCOP's debt to equity ratio has reduced from 187.6% to 92.3% over the past 5 years.
Debt Coverage: SCOP's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: SCOP's interest payments on its debt are well covered by EBIT (12.4x coverage).