Kardan Israel Balance Sheet Health
Financial Health criteria checks 3/6
Kardan Israel has a total shareholder equity of ₪831.5M and total debt of ₪1.0B, which brings its debt-to-equity ratio to 125.9%. Its total assets and total liabilities are ₪2.2B and ₪1.4B respectively. Kardan Israel's EBIT is ₪71.2M making its interest coverage ratio 3.9. It has cash and short-term investments of ₪177.9M.
Key information
125.9%
Debt to equity ratio
₪1.05b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₪177.95m |
| Equity | ₪831.46m |
| Total liabilities | ₪1.38b |
| Total assets | ₪2.21b |
Recent financial health updates
No updates
Recent updates
Kardan Israel Ltd (TLV:KRDI) Looks Inexpensive But Perhaps Not Attractive Enough
Aug 27
Here's Why We Think Kardan Israel (TLV:KRDI) Might Deserve Your Attention Today
Aug 11Does Kardan Israel (TLV:KRDI) Deserve A Spot On Your Watchlist?
May 03What Type Of Shareholders Own The Most Number of Kardan Israel Ltd (TLV:KRDI) Shares?
Jan 08
Does Kardan Israel's (TLV:KRDI) Share Price Gain of 15% Match Its Business Performance?
Dec 04Financial Position Analysis
Short Term Liabilities: KRDI's short term assets (₪836.4M) exceed its short term liabilities (₪625.9M).
Long Term Liabilities: KRDI's short term assets (₪836.4M) exceed its long term liabilities (₪757.4M).
Debt to Equity History and Analysis
Debt Level: KRDI's net debt to equity ratio (104.5%) is considered high.
Reducing Debt: KRDI's debt to equity ratio has increased from 52% to 125.9% over the past 5 years.
Debt Coverage: KRDI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KRDI's interest payments on its debt are well covered by EBIT (3.9x coverage).