Ayalon Insurance Balance Sheet Health
Financial Health criteria checks 3/6
Ayalon Insurance has a total shareholder equity of ₪782.1M and total debt of ₪761.6M, which brings its debt-to-equity ratio to 97.4%. Its total assets and total liabilities are ₪16.5B and ₪15.7B respectively. Ayalon Insurance's EBIT is ₪313.9M making its interest coverage ratio 5.1. It has cash and short-term investments of ₪8.2B.
Key information
97.4%
Debt to equity ratio
₪761.64m
Debt
| Interest coverage ratio | 5.1x |
| Cash | ₪8.25b |
| Equity | ₪782.07m |
| Total liabilities | ₪15.68b |
| Total assets | ₪16.46b |
Recent financial health updates
No updates
Recent updates
Further Upside For Ayalon Insurance Company Ltd (TLV:AYAL) Shares Could Introduce Price Risks After 27% Bounce
Nov 08
Ayalon Insurance Company Ltd (TLV:AYAL) Doing What It Can To Lift Shares
Aug 23How Much Did Ayalon Holdings'(TLV:AYAL) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 06Financial Position Analysis
Short Term Liabilities: AYAL's short term assets (₪13.0B) exceed its short term liabilities (₪862.4M).
Long Term Liabilities: AYAL's short term assets (₪13.0B) do not cover its long term liabilities (₪14.8B).
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 70.3% to 97.4% over the past 5 years.
Debt Coverage: AYAL's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: AYAL's interest payments on its debt are well covered by EBIT (5.1x coverage).