Opal Balance Investments Balance Sheet Health
Financial Health criteria checks 3/6
Opal Balance Investments has a total shareholder equity of ₪219.8M and total debt of ₪203.0M, which brings its debt-to-equity ratio to 92.4%. Its total assets and total liabilities are ₪432.5M and ₪212.8M respectively.
Key information
92.4%
Debt to equity ratio
₪203.03m
Debt
| Interest coverage ratio | n/a |
| Cash | ₪15.62m |
| Equity | ₪219.76m |
| Total liabilities | ₪212.78m |
| Total assets | ₪432.54m |
Recent financial health updates
No updates
Recent updates
Opal Balance Investments Ltd's (TLV:OPAL) Shares Lagging The Market But So Is The Business
Jan 23
Would Opal Balance Investments Ltd (TLV:OPAL) Be Valuable To Income Investors?
Apr 08Opal Balance Investments Ltd (TLV:OPAL) Looks Interesting, And It's About To Pay A Dividend
Mar 13Shareholders Of Opal Balance Investments (TLV:OPAL) Must Be Happy With Their 69% Return
Feb 22Do Insiders Own Lots Of Shares In Opal Balance Investments Ltd (TLV:OPAL)?
Jan 25
You Have To Love Opal Balance Investments Ltd's (TLV:OPAL) Dividend
Dec 25Is It Smart To Buy Opal Balance Investments Ltd (TLV:OPAL) Before It Goes Ex-Dividend?
Nov 20Financial Position Analysis
Short Term Liabilities: OPAL's short term assets (₪357.3M) exceed its short term liabilities (₪209.6M).
Long Term Liabilities: OPAL's short term assets (₪357.3M) exceed its long term liabilities (₪3.2M).
Debt to Equity History and Analysis
Debt Level: OPAL's net debt to equity ratio (85.3%) is considered high.
Reducing Debt: OPAL's debt to equity ratio has reduced from 198.1% to 92.4% over the past 5 years.
Debt Coverage: OPAL's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: Insufficient data to determine if OPAL's interest payments on its debt are well covered by EBIT.