Shagrir Group Vehicle Services Balance Sheet Health
Financial Health criteria checks 3/6
Shagrir Group Vehicle Services has a total shareholder equity of ₪167.2M and total debt of ₪83.0M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are ₪490.2M and ₪323.0M respectively. Shagrir Group Vehicle Services's EBIT is ₪28.2M making its interest coverage ratio 42.4. It has cash and short-term investments of ₪7.2M.
Key information
49.6%
Debt to equity ratio
₪83.03m
Debt
| Interest coverage ratio | 42.4x |
| Cash | ₪7.20m |
| Equity | ₪167.24m |
| Total liabilities | ₪323.00m |
| Total assets | ₪490.25m |
Recent financial health updates
Does Shagrir Group Vehicle Services (TLV:SHGR) Have A Healthy Balance Sheet?
Nov 28
Shagrir Group Vehicle Services (TLV:SHGR) Has A Somewhat Strained Balance Sheet
Jan 12Does 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
Solid Earnings Reflect Shagrir Group Vehicle Services' (TLV:SHGR) Strength As A Business
Dec 05Does Shagrir Group Vehicle Services (TLV:SHGR) Have A Healthy Balance Sheet?
Nov 28Shagrir 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 (₪143.0M) do not cover its short term liabilities (₪188.6M).
Long Term Liabilities: SHGR's short term assets (₪143.0M) exceed its long term liabilities (₪134.4M).
Debt to Equity History and Analysis
Debt Level: SHGR's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: SHGR's debt to equity ratio has increased from 41.2% to 49.6% over the past 5 years.
Debt Coverage: SHGR's debt is well covered by operating cash flow (90.2%).
Interest Coverage: SHGR's interest payments on its debt are well covered by EBIT (42.4x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/01 11:53 |
| End of Day Share Price | 2025/01/01 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shagrir Group Vehicle Services Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|