ELECTRA POWER (2019) Balance Sheet Health
Financial Health criteria checks 1/6
ELECTRA POWER (2019) has a total shareholder equity of ₪802.1M and total debt of ₪721.0M, which brings its debt-to-equity ratio to 89.9%. Its total assets and total liabilities are ₪1.8B and ₪1.0B respectively.
Key information
89.9%
Debt to equity ratio
₪721.02m
Debt
| Interest coverage ratio | n/a |
| Cash | ₪38.45m |
| Equity | ₪802.11m |
| Total liabilities | ₪1.04b |
| Total assets | ₪1.85b |
Recent financial health updates
Recent updates
ELECTRA POWER (2019) (TLV:ELCP) Use Of Debt Could Be Considered Risky
Mar 22
ELECTRA POWER (2019) LTD's (TLV:ELCP) Shares Not Telling The Full Story
Feb 09There Are Reasons To Feel Uneasy About ELECTRA POWER (2019)'s (TLV:ELCP) Returns On Capital
Sep 29Returns On Capital At Supergas Energy (TLV:SPGE) Paint A Concerning Picture
Nov 22Supergas Energy Ltd's (TLV:SPGE) 29% Price Boost Is Out Of Tune With Earnings
Jul 15We Think That There Are More Issues For Supergas Energy (TLV:SPGE) Than Just Sluggish Earnings
Nov 28Read This Before Considering Supergas Energy Ltd (TLV:SPGE) For Its Upcoming ₪0.94 Dividend
Mar 13Should Supergas Energy Ltd (TLV:SPGE) Focus On Improving This Fundamental Metric?
Nov 17
Financial Position Analysis
Short Term Liabilities: ELCP's short term assets (₪349.6M) do not cover its short term liabilities (₪358.4M).
Long Term Liabilities: ELCP's short term assets (₪349.6M) do not cover its long term liabilities (₪686.4M).
Debt to Equity History and Analysis
Debt Level: ELCP's net debt to equity ratio (85.1%) is considered high.
Reducing Debt: ELCP's debt to equity ratio has reduced from 245.9% to 89.9% over the past 5 years.
Debt Coverage: ELCP's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: Insufficient data to determine if ELCP's interest payments on its debt are well covered by EBIT.