Cofix Group Balance Sheet Health
Financial Health criteria checks 3/6
Cofix Group has a total shareholder equity of ₪17.7M and total debt of ₪12.4M, which brings its debt-to-equity ratio to 70%. Its total assets and total liabilities are ₪210.6M and ₪192.9M respectively. Cofix Group's EBIT is ₪6.4M making its interest coverage ratio 0.8. It has cash and short-term investments of ₪12.1M.
Key information
70.0%
Debt to equity ratio
₪12.41m
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₪12.06m |
| Equity | ₪17.72m |
| Total liabilities | ₪192.87m |
| Total assets | ₪210.60m |
Recent financial health updates
Does Cofix Group (TLV:CFX) Have A Healthy Balance Sheet?
Feb 06
Cofix Group (TLV:CFX) Has Debt But No Earnings; Should You Worry?
Nov 02Does Cofix Group (TLV:CFX) Have A Healthy Balance Sheet?
Jun 07Is Cofix Group (TLV:CFX) Using Too Much Debt?
Feb 07Is Cofix Group (TLV:CFX) Using Too Much Debt?
Sep 30We Think Cofix Group (TLV:CFX) Is Taking Some Risk With Its Debt
Apr 09Recent updates
Cofix Group Ltd's (TLV:CFX) Prospects Need A Boost To Lift Shares
Aug 02Cofix Group Ltd's (TLV:CFX) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Mar 01Does Cofix Group (TLV:CFX) Have A Healthy Balance Sheet?
Feb 06Lacklustre Performance Is Driving Cofix Group Ltd's (TLV:CFX) 26% Price Drop
Nov 09Cofix Group (TLV:CFX) Has Debt But No Earnings; Should You Worry?
Nov 02Does Cofix Group (TLV:CFX) Have A Healthy Balance Sheet?
Jun 07Estimating The Intrinsic Value Of Cofix Group Ltd (TLV:CFX)
Jan 26A Look At The Fair Value Of Cofix Group Ltd (TLV:CFX)
Jun 14Is Cofix Group (TLV:CFX) Using Too Much Debt?
Feb 07Is Cofix Group (TLV:CFX) Using Too Much Debt?
Sep 30Cofix Group (TLV:CFX) Will Be Hoping To Turn Its Returns On Capital Around
Jun 23We Think Cofix Group (TLV:CFX) Is Taking Some Risk With Its Debt
Apr 09Here's Why Cofix Group (TLV:CFX) Has A Meaningful Debt Burden
Dec 24Financial Position Analysis
Short Term Liabilities: CFX's short term assets (₪45.7M) do not cover its short term liabilities (₪101.1M).
Long Term Liabilities: CFX's short term assets (₪45.7M) do not cover its long term liabilities (₪91.8M).
Debt to Equity History and Analysis
Debt Level: CFX's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: CFX's debt to equity ratio has increased from 8.1% to 70% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CFX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CFX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.5% per year.