Ayalon Insurance Balance Sheet Health
Financial Health criteria checks 3/6
Ayalon Insurance has a total shareholder equity of ₪705.2M and total debt of ₪703.8M, which brings its debt-to-equity ratio to 99.8%. Its total assets and total liabilities are ₪15.9B and ₪15.2B respectively. Ayalon Insurance's EBIT is ₪175.7M making its interest coverage ratio 3.1. It has cash and short-term investments of ₪7.8B.
Key information
99.8%
Debt to equity ratio
₪703.82m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₪7.80b |
| Equity | ₪705.17m |
| Total liabilities | ₪15.24b |
| Total assets | ₪15.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AYAL's short term assets (₪12.6B) exceed its short term liabilities (₪1.0B).
Long Term Liabilities: AYAL's short term assets (₪12.6B) do not cover its long term liabilities (₪14.2B).
Debt to Equity History and Analysis
Debt Level: AYAL has more cash than its total debt.
Reducing Debt: AYAL's debt to equity ratio has increased from 85.3% to 99.8% over the past 5 years.
Debt Coverage: AYAL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AYAL's interest payments on its debt are well covered by EBIT (3.1x coverage).