Ashdod Refinery Balance Sheet Health
Financial Health criteria checks 5/6
Ashdod Refinery has a total shareholder equity of $565.0M and total debt of $221.0M, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are $1.4B and $812.0M respectively. Ashdod Refinery's EBIT is $194.0M making its interest coverage ratio 3.3. It has cash and short-term investments of $225.0M.
Key information
39.1%
Debt to equity ratio
US$221.00m
Debt
Interest coverage ratio | 3.3x |
Cash | US$225.00m |
Equity | US$565.00m |
Total liabilities | US$812.00m |
Total assets | US$1.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARF's short term assets ($655.0M) exceed its short term liabilities ($553.0M).
Long Term Liabilities: ARF's short term assets ($655.0M) exceed its long term liabilities ($259.0M).
Debt to Equity History and Analysis
Debt Level: ARF has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ARF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ARF's debt is well covered by operating cash flow (132.1%).
Interest Coverage: ARF's interest payments on its debt are well covered by EBIT (3.3x coverage).