Opal Balance Investments Balance Sheet Health
Financial Health criteria checks 3/6
Opal Balance Investments has a total shareholder equity of ₪215.5M and total debt of ₪158.8M, which brings its debt-to-equity ratio to 73.7%. Its total assets and total liabilities are ₪384.8M and ₪169.3M respectively.
Key information
73.7%
Debt to equity ratio
₪158.77m
Debt
| Interest coverage ratio | n/a |
| Cash | ₪13.49m |
| Equity | ₪215.45m |
| Total liabilities | ₪169.33m |
| Total assets | ₪384.78m |
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 (₪304.5M) exceed its short term liabilities (₪166.9M).
Long Term Liabilities: OPAL's short term assets (₪304.5M) exceed its long term liabilities (₪2.4M).
Debt to Equity History and Analysis
Debt Level: OPAL's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: OPAL's debt to equity ratio has reduced from 197.6% to 73.7% over the past 5 years.
Debt Coverage: OPAL's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: Insufficient data to determine if OPAL's interest payments on its debt are well covered by EBIT.