B. Gaon Holdings Balance Sheet Health
Financial Health criteria checks 2/6
B. Gaon Holdings has a total shareholder equity of ₪406.7M and total debt of ₪401.0M, which brings its debt-to-equity ratio to 98.6%. Its total assets and total liabilities are ₪1.0B and ₪612.6M respectively. B. Gaon Holdings's EBIT is ₪24.8M making its interest coverage ratio 0.8. It has cash and short-term investments of ₪58.1M.
Key information
98.6%
Debt to equity ratio
₪401.03m
Debt
Interest coverage ratio | 0.8x |
Cash | ₪58.05m |
Equity | ₪406.69m |
Total liabilities | ₪612.55m |
Total assets | ₪1.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GAON-M's short term assets (₪553.4M) exceed its short term liabilities (₪424.3M).
Long Term Liabilities: GAON-M's short term assets (₪553.4M) exceed its long term liabilities (₪188.3M).
Debt to Equity History and Analysis
Debt Level: GAON-M's net debt to equity ratio (84.3%) is considered high.
Reducing Debt: GAON-M's debt to equity ratio has increased from 38.5% to 98.6% over the past 5 years.
Debt Coverage: GAON-M's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: GAON-M's interest payments on its debt are not well covered by EBIT (0.8x coverage).