Naphtha Israel Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
Naphtha Israel Petroleum has a total shareholder equity of ₪3.2B and total debt of ₪1.5B, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are ₪6.2B and ₪3.1B respectively. Naphtha Israel Petroleum's EBIT is ₪941.4M making its interest coverage ratio 84.2. It has cash and short-term investments of ₪840.4M.
Key information
48.5%
Debt to equity ratio
₪1.53b
Debt
| Interest coverage ratio | 84.2x |
| Cash | ₪840.43m |
| Equity | ₪3.16b |
| Total liabilities | ₪3.06b |
| Total assets | ₪6.22b |
Recent financial health updates
These 4 Measures Indicate That Naphtha Israel Petroleum (TLV:NFTA) Is Using Debt Reasonably Well
Aug 02
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 12Recent updates
These 4 Measures Indicate That Naphtha Israel Petroleum (TLV:NFTA) Is Using Debt Reasonably Well
Aug 02We Think Naphtha Israel Petroleum's (TLV:NFTA) Robust Earnings Are Conservative
Jun 09Naphtha 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 12
Here'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 (₪1.5B) exceed its short term liabilities (₪1.0B).
Long Term Liabilities: NFTA's short term assets (₪1.5B) do not cover its long term liabilities (₪2.0B).
Debt to Equity History and Analysis
Debt Level: NFTA's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: NFTA's debt to equity ratio has reduced from 107.4% to 48.5% over the past 5 years.
Debt Coverage: NFTA's debt is well covered by operating cash flow (57.1%).
Interest Coverage: NFTA's interest payments on its debt are well covered by EBIT (84.2x coverage).