G1 Secure Solutions Balance Sheet Health
Financial Health criteria checks 5/6
G1 Secure Solutions has a total shareholder equity of ₪130.1M and total debt of ₪30.1M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are ₪438.0M and ₪307.8M respectively. G1 Secure Solutions's EBIT is ₪44.9M making its interest coverage ratio 91.9. It has cash and short-term investments of ₪7.6M.
Key information
23.1%
Debt to equity ratio
₪30.07m
Debt
| Interest coverage ratio | 91.9x |
| Cash | ₪7.63m |
| Equity | ₪130.14m |
| Total liabilities | ₪307.81m |
| Total assets | ₪437.95m |
Recent financial health updates
G1 Secure Solutions (TLV:GOSS) Has A Pretty Healthy Balance Sheet
Oct 11
Is G1 Secure Solutions (TLV:GOSS) Using Too Much Debt?
Mar 27Is G1 Secure Solutions (TLV:GOSS) A Risky Investment?
Mar 15G1 Secure Solutions (TLV:GOSS) Seems To Use Debt Quite Sensibly
Dec 14Recent updates
G1 Secure Solutions' (TLV:GOSS) Earnings Seem To Be Promising
Apr 05G1 Secure Solutions Ltd's (TLV:GOSS) Shares May Have Run Too Fast Too Soon
Jan 05Be Wary Of G1 Secure Solutions (TLV:GOSS) And Its Returns On Capital
Nov 23G1 Secure Solutions (TLV:GOSS) Has A Pretty Healthy Balance Sheet
Oct 11Is G1 Secure Solutions (TLV:GOSS) Using Too Much Debt?
Mar 27There Are Reasons To Feel Uneasy About G1 Secure Solutions' (TLV:GOSS) Returns On Capital
May 04Is G1 Secure Solutions (TLV:GOSS) A Risky Investment?
Mar 15Did G1 Secure Solutions' (TLV:GOSS) Share Price Deserve to Gain 13%?
Feb 26G1 Secure Solutions Ltd's (TLV:GOSS) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Feb 11
The Underlying Trends At G1 Secure Solutions (TLV:GOSS) Look Strong
Jan 27What Type Of Shareholders Own The Most Number of G1 Secure Solutions Ltd (TLV:GOSS) Shares?
Jan 12We Think G1 Secure Solutions's (TLV:GOSS) Statutory Profit Might Understate Its Earnings Potential
Dec 28G1 Secure Solutions (TLV:GOSS) Seems To Use Debt Quite Sensibly
Dec 14Here's Why We're Wary Of Buying G1 Secure Solutions' (TLV:GOSS) For Its Upcoming Dividend
Nov 28If You Had Bought G1 Secure Solutions (TLV:GOSS) Stock A Year Ago, You Could Pocket A 11% Gain Today
Nov 17Financial Position Analysis
Short Term Liabilities: GOSS's short term assets (₪253.1M) exceed its short term liabilities (₪244.6M).
Long Term Liabilities: GOSS's short term assets (₪253.1M) exceed its long term liabilities (₪63.2M).
Debt to Equity History and Analysis
Debt Level: GOSS's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: GOSS's debt to equity ratio has increased from 18.7% to 23.1% over the past 5 years.
Debt Coverage: GOSS's debt is well covered by operating cash flow (214.2%).
Interest Coverage: GOSS's interest payments on its debt are well covered by EBIT (91.9x coverage).