Tel-Aviv Stock Exchange Balance Sheet Health
Financial Health criteria checks 5/6
Tel-Aviv Stock Exchange has a total shareholder equity of ₪401.7M and total debt of ₪149.8M, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are ₪2.7B and ₪2.3B respectively. Tel-Aviv Stock Exchange's EBIT is ₪107.8M making its interest coverage ratio -14.8. It has cash and short-term investments of ₪498.7M.
Key information
37.3%
Debt to equity ratio
₪149.83m
Debt
Interest coverage ratio | -14.8x |
Cash | ₪498.67m |
Equity | ₪401.72m |
Total liabilities | ₪2.29b |
Total assets | ₪2.69b |
Recent financial health updates
No updates
Recent updates
Investors Interested In The Tel-Aviv Stock Exchange Ltd.'s (TLV:TASE) Earnings
Jan 26Tel-Aviv Stock Exchange's (TLV:TASE) Upcoming Dividend Will Be Larger Than Last Year's
Mar 25What Is The Ownership Structure Like For The Tel-Aviv Stock Exchange Ltd. (TLV:TASE)?
Mar 19If You Had Bought Tel-Aviv Stock Exchange (TLV:TASE) Stock A Year Ago, You Could Pocket A 40% Gain Today
Jan 14Do Institutions Own The Tel-Aviv Stock Exchange Ltd. (TLV:TASE) Shares?
Dec 01Financial Position Analysis
Short Term Liabilities: TASE's short term assets (₪2.2B) exceed its short term liabilities (₪2.1B).
Long Term Liabilities: TASE's short term assets (₪2.2B) exceed its long term liabilities (₪195.5M).
Debt to Equity History and Analysis
Debt Level: TASE has more cash than its total debt.
Reducing Debt: TASE's debt to equity ratio has increased from 0% to 37.3% over the past 5 years.
Debt Coverage: TASE's debt is well covered by operating cash flow (107%).
Interest Coverage: TASE earns more interest than it pays, so coverage of interest payments is not a concern.