Altshuler Shaham Finance Balance Sheet Health
Financial Health criteria checks 3/6
Altshuler Shaham Finance has a total shareholder equity of ₪529.2M and total debt of ₪396.9M, which brings its debt-to-equity ratio to 75%. Its total assets and total liabilities are ₪1.2B and ₪629.6M respectively. Altshuler Shaham Finance's EBIT is ₪194.6M making its interest coverage ratio 18. It has cash and short-term investments of ₪99.1M.
Key information
75.0%
Debt to equity ratio
₪396.93m
Debt
| Interest coverage ratio | 18x |
| Cash | ₪99.09m |
| Equity | ₪529.24m |
| Total liabilities | ₪629.60m |
| Total assets | ₪1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTF's short term assets (₪144.0M) exceed its short term liabilities (₪1.8M).
Long Term Liabilities: ALTF's short term assets (₪144.0M) do not cover its long term liabilities (₪627.8M).
Debt to Equity History and Analysis
Debt Level: ALTF's net debt to equity ratio (56.3%) is considered high.
Reducing Debt: Insufficient data to determine if ALTF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ALTF's debt is well covered by operating cash flow (51.9%).
Interest Coverage: ALTF's interest payments on its debt are well covered by EBIT (18x coverage).