Electra Power (2019) Ltd

TASE:ELCP Stock Report

Market Cap: ₪386.3m

Electra Power (2019) Balance Sheet Health

Financial Health criteria checks 1/6

Electra Power (2019) has a total shareholder equity of ₪835.8M and total debt of ₪722.8M, which brings its debt-to-equity ratio to 86.5%. Its total assets and total liabilities are ₪1.9B and ₪1.1B respectively. Electra Power (2019)'s EBIT is ₪10.0M making its interest coverage ratio 0.7. It has cash and short-term investments of ₪48.5M.

Key information

86.5%

Debt to equity ratio

₪722.81m

Debt

Interest coverage ratio0.7x
Cash₪48.46m
Equity₪835.76m
Total liabilities₪1.07b
Total assets₪1.90b

Recent financial health updates

Recent updates

Here's Why Electra Power (2019) (TLV:ELCP) Is Weighed Down By Its Debt Load

Oct 22
Here's Why Electra Power (2019) (TLV:ELCP) Is Weighed Down By Its Debt Load

Is Electra Power (2019) (TLV:ELCP) A Risky Investment?

Jul 23
Is Electra Power (2019) (TLV:ELCP) A Risky Investment?

ELECTRA POWER (2019) (TLV:ELCP) Use Of Debt Could Be Considered Risky

Mar 22
ELECTRA POWER (2019) (TLV:ELCP) Use Of Debt Could Be Considered Risky

ELECTRA POWER (2019) LTD's (TLV:ELCP) Shares Not Telling The Full Story

Feb 09
ELECTRA POWER (2019) LTD's (TLV:ELCP) Shares Not Telling The Full Story

There Are Reasons To Feel Uneasy About ELECTRA POWER (2019)'s (TLV:ELCP) Returns On Capital

Sep 29
There Are Reasons To Feel Uneasy About ELECTRA POWER (2019)'s (TLV:ELCP) Returns On Capital

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Nov 22
Returns On Capital At Supergas Energy (TLV:SPGE) Paint A Concerning Picture

Supergas Energy Ltd's (TLV:SPGE) 29% Price Boost Is Out Of Tune With Earnings

Jul 15
Supergas Energy Ltd's (TLV:SPGE) 29% Price Boost Is Out Of Tune With Earnings

We Think That There Are More Issues For Supergas Energy (TLV:SPGE) Than Just Sluggish Earnings

Nov 28
We Think That There Are More Issues For Supergas Energy (TLV:SPGE) Than Just Sluggish Earnings

Read This Before Considering Supergas Energy Ltd (TLV:SPGE) For Its Upcoming ₪0.94 Dividend

Mar 13
Read This Before Considering Supergas Energy Ltd (TLV:SPGE) For Its Upcoming ₪0.94 Dividend

Should Supergas Energy Ltd (TLV:SPGE) Focus On Improving This Fundamental Metric?

Nov 17
Should Supergas Energy Ltd (TLV:SPGE) Focus On Improving This Fundamental Metric?

Financial Position Analysis

Short Term Liabilities: ELCP's short term assets (₪379.4M) do not cover its short term liabilities (₪417.0M).

Long Term Liabilities: ELCP's short term assets (₪379.4M) do not cover its long term liabilities (₪648.2M).


Debt to Equity History and Analysis

Debt Level: ELCP's net debt to equity ratio (80.7%) is considered high.

Reducing Debt: ELCP's debt to equity ratio has reduced from 212% to 86.5% over the past 5 years.

Debt Coverage: ELCP's debt is not well covered by operating cash flow (8.2%).

Interest Coverage: ELCP's interest payments on its debt are not well covered by EBIT (0.7x coverage).


Balance Sheet


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