Shagrir Group Vehicle Services Balance Sheet Health
Financial Health criteria checks 3/6
Shagrir Group Vehicle Services has a total shareholder equity of ₪162.4M and total debt of ₪86.1M, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are ₪479.5M and ₪317.2M respectively. Shagrir Group Vehicle Services's EBIT is ₪24.2M making its interest coverage ratio -66.3. It has cash and short-term investments of ₪13.5M.
Key information
53.0%
Debt to equity ratio
₪86.08m
Debt
| Interest coverage ratio | -66.3x |
| Cash | ₪13.47m |
| Equity | ₪162.35m |
| Total liabilities | ₪317.16m |
| Total assets | ₪479.52m |
Recent financial health updates
Shagrir Group Vehicle Services (TLV:SHGR) Has A Somewhat Strained Balance Sheet
Jan 12
Does Shagrir Group Vehicle Services (TLV:SHGR) Have A Healthy Balance Sheet?
Sep 15Here's Why Shagrir Group Vehicle Services (TLV:SHGR) Is Weighed Down By Its Debt Load
May 16We Think Shagrir Group Vehicle Services (TLV:SHGR) Is Taking Some Risk With Its Debt
Feb 09We Think Shagrir Group Vehicle Services (TLV:SHGR) Can Stay On Top Of Its Debt
Nov 28
Recent updates
Shagrir Group Vehicle Services Ltd's (TLV:SHGR) Subdued P/S Might Signal An Opportunity
Oct 23Investors Can Find Comfort In Shagrir Group Vehicle Services' (TLV:SHGR) Earnings Quality
Apr 02Cautious Investors Not Rewarding Shagrir Group Vehicle Services Ltd's (TLV:SHGR) Performance Completely
Feb 17Shagrir Group Vehicle Services (TLV:SHGR) Has A Somewhat Strained Balance Sheet
Jan 12Shagrir Group Vehicle Services' (TLV:SHGR) Returns On Capital Not Reflecting Well On The Business
Nov 23Does Shagrir Group Vehicle Services (TLV:SHGR) Have A Healthy Balance Sheet?
Sep 15Shagrir Group Vehicle Services (TLV:SHGR) Will Be Hoping To Turn Its Returns On Capital Around
Aug 03Here's Why Shagrir Group Vehicle Services (TLV:SHGR) Is Weighed Down By Its Debt Load
May 16We Think Shagrir Group Vehicle Services (TLV:SHGR) Is Taking Some Risk With Its Debt
Feb 09Some Investors May Be Worried About Shagrir Group Vehicle Services' (TLV:SHGR) Returns On Capital
Feb 09Some Investors May Be Willing To Look Past Shagrir Group Vehicle Services' (TLV:SHGR) Soft Earnings
Mar 29What Do The Returns At Shagrir Group Vehicle Services (TLV:SHGR) Mean Going Forward?
Jan 20We Think Shagrir Group Vehicle Services (TLV:SHGR) Can Stay On Top Of Its Debt
Nov 28Financial Position Analysis
Short Term Liabilities: SHGR's short term assets (₪141.8M) do not cover its short term liabilities (₪178.0M).
Long Term Liabilities: SHGR's short term assets (₪141.8M) exceed its long term liabilities (₪139.2M).
Debt to Equity History and Analysis
Debt Level: SHGR's net debt to equity ratio (44.7%) is considered high.
Reducing Debt: SHGR's debt to equity ratio has increased from 39.8% to 53% over the past 5 years.
Debt Coverage: SHGR's debt is well covered by operating cash flow (88.5%).
Interest Coverage: SHGR earns more interest than it pays, so coverage of interest payments is not a concern.