Opal Balance Investments Balance Sheet Health
Financial Health criteria checks 3/6
Opal Balance Investments has a total shareholder equity of ₪205.6M and total debt of ₪262.0M, which brings its debt-to-equity ratio to 127.4%. Its total assets and total liabilities are ₪480.5M and ₪274.9M respectively.
Key information
127.4%
Debt to equity ratio
₪262.00m
Debt
| Interest coverage ratio | n/a |
| Cash | ₪13.00m |
| Equity | ₪205.61m |
| Total liabilities | ₪274.88m |
| Total assets | ₪480.49m |
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 (₪392.3M) exceed its short term liabilities (₪269.4M).
Long Term Liabilities: OPAL's short term assets (₪392.3M) exceed its long term liabilities (₪5.4M).
Debt to Equity History and Analysis
Debt Level: OPAL's net debt to equity ratio (121.1%) is considered high.
Reducing Debt: OPAL's debt to equity ratio has reduced from 293.1% to 127.4% over the past 5 years.
Debt Coverage: OPAL's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: Insufficient data to determine if OPAL's interest payments on its debt are well covered by EBIT.