Ashdod Refinery Balance Sheet Health
Financial Health criteria checks 4/6
Ashdod Refinery has a total shareholder equity of $498.0M and total debt of $192.0M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are $1.4B and $868.0M respectively. Ashdod Refinery's EBIT is $106.0M making its interest coverage ratio 2.1. It has cash and short-term investments of $156.0M.
Key information
38.6%
Debt to equity ratio
US$192.00m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$156.00m |
| Equity | US$498.00m |
| Total liabilities | US$868.00m |
| Total assets | US$1.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARF's short term assets ($661.0M) exceed its short term liabilities ($644.0M).
Long Term Liabilities: ARF's short term assets ($661.0M) exceed its long term liabilities ($224.0M).
Debt to Equity History and Analysis
Debt Level: ARF's net debt to equity ratio (7.2%) is considered satisfactory.
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 (85.4%).
Interest Coverage: ARF's interest payments on its debt are not well covered by EBIT (2.1x coverage).