Avrot Industries Balance Sheet Health
Financial Health criteria checks 6/6
Avrot Industries has a total shareholder equity of ₪105.5M and total debt of ₪12.0M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are ₪229.8M and ₪124.3M respectively. Avrot Industries's EBIT is ₪8.8M making its interest coverage ratio 6.7. It has cash and short-term investments of ₪14.2M.
Key information
11.4%
Debt to equity ratio
₪12.01m
Debt
Interest coverage ratio | 6.7x |
Cash | ₪14.17m |
Equity | ₪105.45m |
Total liabilities | ₪124.30m |
Total assets | ₪229.75m |
Recent financial health updates
Avrot Industries (TLV:AVRT) Seems To Use Debt Quite Sensibly
Dec 16Here's Why Avrot Industries (TLV:AVRT) Can Manage Its Debt Responsibly
Aug 30Does Avrot Industries (TLV:AVRT) Have A Healthy Balance Sheet?
Mar 24Is Avrot Industries (TLV:AVRT) A Risky Investment?
Dec 10Recent updates
Avrot Industries Ltd's (TLV:AVRT) Price Is Out Of Tune With Revenues
Jan 23Subdued Growth No Barrier To Avrot Industries Ltd (TLV:AVRT) With Shares Advancing 29%
Aug 18Avrot Industries (TLV:AVRT) Seems To Use Debt Quite Sensibly
Dec 16Avrot Industries (TLV:AVRT) Shareholders Will Want The ROCE Trajectory To Continue
Oct 10Here's Why Avrot Industries (TLV:AVRT) Can Manage Its Debt Responsibly
Aug 30Investors Will Want Avrot Industries' (TLV:AVRT) Growth In ROCE To Persist
May 16Does Avrot Industries (TLV:AVRT) Have A Healthy Balance Sheet?
Mar 24Is Avrot Industries (TLV:AVRT) A Risky Investment?
Dec 10Financial Position Analysis
Short Term Liabilities: AVRT's short term assets (₪109.8M) exceed its short term liabilities (₪52.1M).
Long Term Liabilities: AVRT's short term assets (₪109.8M) exceed its long term liabilities (₪72.2M).
Debt to Equity History and Analysis
Debt Level: AVRT has more cash than its total debt.
Reducing Debt: AVRT's debt to equity ratio has reduced from 115.4% to 11.4% over the past 5 years.
Debt Coverage: AVRT's debt is well covered by operating cash flow (133.6%).
Interest Coverage: AVRT's interest payments on its debt are well covered by EBIT (6.7x coverage).