Shapir Engineering and Industry Ltd

TASE:SPEN Stock Report

Market Cap: ₪7.5b

Shapir Engineering and Industry Balance Sheet Health

Financial Health criteria checks 2/6

Shapir Engineering and Industry has a total shareholder equity of ₪3.8B and total debt of ₪8.2B, which brings its debt-to-equity ratio to 218.7%. Its total assets and total liabilities are ₪14.8B and ₪11.0B respectively. Shapir Engineering and Industry's EBIT is ₪481.0M making its interest coverage ratio 0.9. It has cash and short-term investments of ₪845.0M.

Key information

218.7%

Debt to equity ratio

₪8.22b

Debt

Interest coverage ratio0.9x
Cash₪845.00m
Equity₪3.76b
Total liabilities₪10.99b
Total assets₪14.75b

Recent financial health updates

Recent updates

Shapir Engineering and Industry Ltd (TLV:SPEN) Investors Are Less Pessimistic Than Expected

Mar 23
Shapir Engineering and Industry Ltd (TLV:SPEN) Investors Are Less Pessimistic Than Expected

Returns On Capital At Shapir Engineering and Industry (TLV:SPEN) Paint A Concerning Picture

Mar 05
Returns On Capital At Shapir Engineering and Industry (TLV:SPEN) Paint A Concerning Picture

Shapir Engineering and Industry (TLV:SPEN) Has A Somewhat Strained Balance Sheet

Jan 09
Shapir Engineering and Industry (TLV:SPEN) Has A Somewhat Strained Balance Sheet

Subdued Growth No Barrier To Shapir Engineering and Industry Ltd's (TLV:SPEN) Price

Dec 20
Subdued Growth No Barrier To Shapir Engineering and Industry Ltd's (TLV:SPEN) Price

Returns On Capital Signal Tricky Times Ahead For Shapir Engineering and Industry (TLV:SPEN)

Nov 22
Returns On Capital Signal Tricky Times Ahead For Shapir Engineering and Industry (TLV:SPEN)

Shapir Engineering and Industry (TLV:SPEN) Has A Somewhat Strained Balance Sheet

Aug 25
Shapir Engineering and Industry (TLV:SPEN) Has A Somewhat Strained Balance Sheet

The Returns On Capital At Shapir Engineering and Industry (TLV:SPEN) Don't Inspire Confidence

Aug 06
The Returns On Capital At Shapir Engineering and Industry (TLV:SPEN) Don't Inspire Confidence

Is Shapir Engineering and Industry (TLV:SPEN) A Risky Investment?

May 23
Is Shapir Engineering and Industry (TLV:SPEN) A Risky Investment?

Shapir Engineering and Industry (TLV:SPEN) Is Reinvesting At Lower Rates Of Return

May 01
Shapir Engineering and Industry (TLV:SPEN) Is Reinvesting At Lower Rates Of Return

If EPS Growth Is Important To You, Shapir Engineering and Industry (TLV:SPEN) Presents An Opportunity

Mar 08
If EPS Growth Is Important To You, Shapir Engineering and Industry (TLV:SPEN) Presents An Opportunity

Is Shapir Engineering and Industry (TLV:SPEN) Using Too Much Debt?

Feb 06
Is Shapir Engineering and Industry (TLV:SPEN) Using Too Much Debt?

Be Wary Of Shapir Engineering and Industry (TLV:SPEN) And Its Returns On Capital

Jan 19
Be Wary Of Shapir Engineering and Industry (TLV:SPEN) And Its Returns On Capital

These 4 Measures Indicate That Shapir Engineering and Industry (TLV:SPEN) Is Using Debt Extensively

Nov 04
These 4 Measures Indicate That Shapir Engineering and Industry (TLV:SPEN) Is Using Debt Extensively

If EPS Growth Is Important To You, Shapir Engineering and Industry (TLV:SPEN) Presents An Opportunity

Oct 14
If EPS Growth Is Important To You, Shapir Engineering and Industry (TLV:SPEN) Presents An Opportunity

Shapir Engineering and Industry (TLV:SPEN) Might Be Having Difficulty Using Its Capital Effectively

Aug 28
Shapir Engineering and Industry (TLV:SPEN) Might Be Having Difficulty Using Its Capital Effectively

These 4 Measures Indicate That Shapir Engineering and Industry (TLV:SPEN) Is Using Debt Extensively

Jul 29
These 4 Measures Indicate That Shapir Engineering and Industry (TLV:SPEN) Is Using Debt Extensively

Do Shapir Engineering and Industry's (TLV:SPEN) Earnings Warrant Your Attention?

Jul 13
Do Shapir Engineering and Industry's (TLV:SPEN) Earnings Warrant Your Attention?

Shapir Engineering and Industry's (TLV:SPEN) Returns On Capital Not Reflecting Well On The Business

May 25
Shapir Engineering and Industry's (TLV:SPEN) Returns On Capital Not Reflecting Well On The Business

These 4 Measures Indicate That Shapir Engineering and Industry (TLV:SPEN) Is Using Debt Extensively

Apr 20
These 4 Measures Indicate That Shapir Engineering and Industry (TLV:SPEN) Is Using Debt Extensively

Is Now The Time To Put Shapir Engineering and Industry (TLV:SPEN) On Your Watchlist?

Mar 02
Is Now The Time To Put Shapir Engineering and Industry (TLV:SPEN) On Your Watchlist?

Returns On Capital At Shapir Engineering and Industry (TLV:SPEN) Paint A Concerning Picture

Feb 15
Returns On Capital At Shapir Engineering and Industry (TLV:SPEN) Paint A Concerning Picture

Does Shapir Engineering and Industry (TLV:SPEN) Have A Healthy Balance Sheet?

Jan 16
Does Shapir Engineering and Industry (TLV:SPEN) Have A Healthy Balance Sheet?

With EPS Growth And More, Shapir Engineering and Industry (TLV:SPEN) Is Interesting

Dec 01
With EPS Growth And More, Shapir Engineering and Industry (TLV:SPEN) Is Interesting

Should You Be Adding Shapir Engineering and Industry (TLV:SPEN) To Your Watchlist Today?

Aug 03
Should You Be Adding Shapir Engineering and Industry (TLV:SPEN) To Your Watchlist Today?

Capital Allocation Trends At Shapir Engineering and Industry (TLV:SPEN) Aren't Ideal

Jul 14
Capital Allocation Trends At Shapir Engineering and Industry (TLV:SPEN) Aren't Ideal

Do Shapir Engineering and Industry's (TLV:SPEN) Earnings Warrant Your Attention?

Apr 05
Do Shapir Engineering and Industry's (TLV:SPEN) Earnings Warrant Your Attention?

Is Shapir Engineering and Industry (TLV:SPEN) A Risky Investment?

Mar 19
Is Shapir Engineering and Industry (TLV:SPEN) A Risky Investment?

Has Shapir Engineering and Industry (TLV:SPEN) Got What It Takes To Become A Multi-Bagger?

Feb 23
Has Shapir Engineering and Industry (TLV:SPEN) Got What It Takes To Become A Multi-Bagger?

What Kind Of Investors Own Most Of Shapir Engineering and Industry Ltd (TLV:SPEN)?

Feb 03
What Kind Of Investors Own Most Of Shapir Engineering and Industry Ltd (TLV:SPEN)?

Shapir Engineering and Industry (TLV:SPEN) Has Rewarded Shareholders With An Exceptional 372% Total Return On Their Investment

Jan 13
Shapir Engineering and Industry (TLV:SPEN) Has Rewarded Shareholders With An Exceptional 372% Total Return On Their Investment

Shapir Engineering and Industry Ltd (TLV:SPEN) Has A ROE Of 14%

Dec 23
Shapir Engineering and Industry Ltd (TLV:SPEN) Has A ROE Of 14%

Shapir Engineering and Industry (TLV:SPEN) Takes On Some Risk With Its Use Of Debt

Nov 27
Shapir Engineering and Industry (TLV:SPEN) Takes On Some Risk With Its Use Of Debt

Financial Position Analysis

Short Term Liabilities: SPEN's short term assets (₪3.4B) exceed its short term liabilities (₪3.3B).

Long Term Liabilities: SPEN's short term assets (₪3.4B) do not cover its long term liabilities (₪7.7B).


Debt to Equity History and Analysis

Debt Level: SPEN's net debt to equity ratio (196.2%) is considered high.

Reducing Debt: SPEN's debt to equity ratio has reduced from 289.6% to 218.7% over the past 5 years.

Debt Coverage: SPEN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SPEN's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


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