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Shalag Industries Balance Sheet Health
Financial Health criteria checks 5/6
Shalag Industries has a total shareholder equity of ₪443.3M and total debt of ₪143.2M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are ₪816.7M and ₪373.4M respectively. Shalag Industries's EBIT is ₪29.9M making its interest coverage ratio 5. It has cash and short-term investments of ₪151.3M.
Key information
32.3%
Debt to equity ratio
₪143.24m
Debt
| Interest coverage ratio | 5x |
| Cash | ₪151.26m |
| Equity | ₪443.29m |
| Total liabilities | ₪373.43m |
| Total assets | ₪816.72m |
Recent financial health updates
We Think Shalag Industries (TLV:SALG) Can Manage Its Debt With Ease
Mar 25
Shalag Industries (TLV:SALG) Could Easily Take On More Debt
Dec 18
Recent updates
Shalag Industries (TLV:SALG) Is Reinvesting At Lower Rates Of Return
Jul 14Calculating The Fair Value Of Shalag Industries Ltd (TLV:SALG)
Jun 01Some Investors May Be Worried About Shalag Industries' (TLV:SALG) Returns On Capital
Mar 31Some Investors May Be Worried About Shalag Industries' (TLV:SALG) Returns On Capital
Mar 29Some Investors May Be Worried About Shalag Industries' (TLV:SALG) Returns On Capital
May 13We Think Shalag Industries (TLV:SALG) Can Manage Its Debt With Ease
Mar 25Introducing Shalag Industries (TLV:SALG), A Stock That Climbed 46% In The Last Year
Mar 04Shalag Industries Ltd.'s (TLV:SALG) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Feb 10Should We Be Excited About The Trends Of Returns At Shalag Industries (TLV:SALG)?
Jan 11Shalag Industries (TLV:SALG) Could Easily Take On More Debt
Dec 18Shalag Industries (TLV:SALG) Shareholders Booked A 47% Gain In The Last Year
Nov 30Financial Position Analysis
Short Term Liabilities: SALG's short term assets (₪436.1M) exceed its short term liabilities (₪184.7M).
Long Term Liabilities: SALG's short term assets (₪436.1M) exceed its long term liabilities (₪188.7M).
Debt to Equity History and Analysis
Debt Level: SALG has more cash than its total debt.
Reducing Debt: SALG's debt to equity ratio has increased from 21.9% to 32.3% over the past 5 years.
Debt Coverage: SALG's debt is well covered by operating cash flow (65.6%).
Interest Coverage: SALG's interest payments on its debt are well covered by EBIT (5x coverage).