Erech Finance Cahalacha Balance Sheet Health
Financial Health criteria checks 2/6
Erech Finance Cahalacha has a total shareholder equity of ₪4.3M and total debt of ₪17.0M, which brings its debt-to-equity ratio to 391.6%. Its total assets and total liabilities are ₪23.5M and ₪19.1M respectively.
Key information
391.6%
Debt to equity ratio
₪16.97m
Debt
| Interest coverage ratio | n/a |
| Cash | ₪609.00k |
| Equity | ₪4.33m |
| Total liabilities | ₪19.14m |
| Total assets | ₪23.47m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EFNC-M's short term assets (₪21.0M) exceed its short term liabilities (₪14.8M).
Long Term Liabilities: EFNC-M's short term assets (₪21.0M) exceed its long term liabilities (₪4.3M).
Debt to Equity History and Analysis
Debt Level: EFNC-M's net debt to equity ratio (377.6%) is considered high.
Reducing Debt: EFNC-M's debt to equity ratio has increased from 210.8% to 391.6% 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: EFNC-M has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EFNC-M has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.4% each year.