Naphtha Israel Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
Naphtha Israel Petroleum has a total shareholder equity of ₪3.0B and total debt of ₪1.8B, which brings its debt-to-equity ratio to 60.5%. Its total assets and total liabilities are ₪6.2B and ₪3.3B respectively. Naphtha Israel Petroleum's EBIT is ₪840.3M making its interest coverage ratio 11.1. It has cash and short-term investments of ₪919.3M.
Key information
60.5%
Debt to equity ratio
₪1.80b
Debt
Interest coverage ratio | 11.1x |
Cash | ₪919.29m |
Equity | ₪2.98b |
Total liabilities | ₪3.26b |
Total assets | ₪6.24b |
Recent financial health updates
These 4 Measures Indicate That Naphtha Israel Petroleum (TLV:NFTA) Is Using Debt Reasonably Well
Sep 07Is Naphtha Israel Petroleum (TLV:NFTA) Using Too Much Debt?
Feb 02Is Naphtha Israel Petroleum (TLV:NFTA) A Risky Investment?
Jun 01Naphtha Israel Petroleum (TLV:NFTA) Takes On Some Risk With Its Use Of Debt
Jan 31These 4 Measures Indicate That Naphtha Israel Petroleum (TLV:NFTA) Is Using Debt Extensively
Jun 12These 4 Measures Indicate That Naphtha Israel Petroleum (TLV:NFTA) Is Using Debt Extensively
Mar 02Recent updates
Naphtha Israel Petroleum (TLV:NFTA) Could Be Struggling To Allocate Capital
Oct 03These 4 Measures Indicate That Naphtha Israel Petroleum (TLV:NFTA) Is Using Debt Reasonably Well
Sep 07Returns On Capital At Naphtha Israel Petroleum (TLV:NFTA) Paint A Concerning Picture
Mar 24Is Naphtha Israel Petroleum (TLV:NFTA) Using Too Much Debt?
Feb 02Is Naphtha Israel Petroleum (TLV:NFTA) A Risky Investment?
Jun 01Be Wary Of Naphtha Israel Petroleum (TLV:NFTA) And Its Returns On Capital
Feb 22Naphtha Israel Petroleum (TLV:NFTA) Takes On Some Risk With Its Use Of Debt
Jan 31These 4 Measures Indicate That Naphtha Israel Petroleum (TLV:NFTA) Is Using Debt Extensively
Jun 12Investors Shouldn't Overlook Naphtha Israel Petroleum's (TLV:NFTA) Impressive Returns On Capital
Mar 24These 4 Measures Indicate That Naphtha Israel Petroleum (TLV:NFTA) Is Using Debt Extensively
Mar 02Naphtha Israel Petroleum Corp. Ltd.'s (TLV:NFTA) Stock Been Rising: Are Strong Financials Guiding The Market?
Feb 12Here's Why We Think Naphtha Israel Petroleum's (TLV:NFTA) Statutory Earnings Might Be Conservative
Jan 28Are Institutions Heavily Invested In Naphtha Israel Petroleum Corp. Ltd.'s (TLV:NFTA) Shares?
Jan 13What Type Of Returns Would Naphtha Israel Petroleum's(TLV:NFTA) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Dec 29These Trends Paint A Bright Future For Naphtha Israel Petroleum (TLV:NFTA)
Dec 16Is Naphtha Israel Petroleum (TLV:NFTA) Using Too Much Debt?
Dec 01Financial Position Analysis
Short Term Liabilities: NFTA's short term assets (₪1.4B) exceed its short term liabilities (₪955.6M).
Long Term Liabilities: NFTA's short term assets (₪1.4B) do not cover its long term liabilities (₪2.3B).
Debt to Equity History and Analysis
Debt Level: NFTA's net debt to equity ratio (29.6%) is considered satisfactory.
Reducing Debt: NFTA's debt to equity ratio has reduced from 92.1% to 60.5% over the past 5 years.
Debt Coverage: NFTA's debt is well covered by operating cash flow (43%).
Interest Coverage: NFTA's interest payments on its debt are well covered by EBIT (11.1x coverage).