Avrot Industries Balance Sheet Health
Financial Health criteria checks 5/6
Avrot Industries has a total shareholder equity of ₪104.5M and total debt of ₪8.0M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ₪237.2M and ₪132.6M respectively. Avrot Industries's EBIT is ₪5.4M making its interest coverage ratio 2.4. It has cash and short-term investments of ₪12.1M.
Key information
7.7%
Debt to equity ratio
₪8.01m
Debt
Interest coverage ratio | 2.4x |
Cash | ₪12.06m |
Equity | ₪104.54m |
Total liabilities | ₪132.64m |
Total assets | ₪237.18m |
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
Capital Allocation Trends At Avrot Industries (TLV:AVRT) Aren't Ideal
Jun 03Avrot 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 (₪116.9M) exceed its short term liabilities (₪60.2M).
Long Term Liabilities: AVRT's short term assets (₪116.9M) exceed its long term liabilities (₪72.5M).
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 124.7% to 7.7% over the past 5 years.
Debt Coverage: AVRT's debt is well covered by operating cash flow (181%).
Interest Coverage: AVRT's interest payments on its debt are not well covered by EBIT (2.4x coverage).