Tera Light Balance Sheet Health
Financial Health criteria checks 2/6
Tera Light has a total shareholder equity of ₪402.9M and total debt of ₪689.5M, which brings its debt-to-equity ratio to 171.1%. Its total assets and total liabilities are ₪1.2B and ₪833.1M respectively. Tera Light's EBIT is ₪7.5M making its interest coverage ratio 3.3. It has cash and short-term investments of ₪75.5M.
Key information
171.1%
Debt to equity ratio
₪689.48m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₪75.49m |
| Equity | ₪402.86m |
| Total liabilities | ₪833.05m |
| Total assets | ₪1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRLT's short term assets (₪263.8M) exceed its short term liabilities (₪115.2M).
Long Term Liabilities: TRLT's short term assets (₪263.8M) do not cover its long term liabilities (₪717.8M).
Debt to Equity History and Analysis
Debt Level: TRLT's net debt to equity ratio (152.4%) is considered high.
Reducing Debt: Insufficient data to determine if TRLT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TRLT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TRLT's interest payments on its debt are well covered by EBIT (3.3x coverage).