Rotem Shani Entrepreneurship and Investment Balance Sheet Health
Financial Health criteria checks 3/6
Rotem Shani Entrepreneurship and Investment has a total shareholder equity of ₪221.3M and total debt of ₪238.4M, which brings its debt-to-equity ratio to 107.7%. Its total assets and total liabilities are ₪645.8M and ₪424.5M respectively. Rotem Shani Entrepreneurship and Investment's EBIT is ₪96.8M making its interest coverage ratio 256.6. It has cash and short-term investments of ₪20.0M.
Key information
107.7%
Debt to equity ratio
₪238.36m
Debt
Interest coverage ratio | 256.6x |
Cash | ₪20.03m |
Equity | ₪221.30m |
Total liabilities | ₪424.50m |
Total assets | ₪645.80m |
Financial Position Analysis
Short Term Liabilities: RTSN's short term assets (₪412.6M) exceed its short term liabilities (₪354.8M).
Long Term Liabilities: RTSN's short term assets (₪412.6M) exceed its long term liabilities (₪69.7M).
Debt to Equity History and Analysis
Debt Level: RTSN's net debt to equity ratio (98.7%) is considered high.
Reducing Debt: Insufficient data to determine if RTSN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RTSN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RTSN's interest payments on its debt are well covered by EBIT (256.6x coverage).