Libra Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Libra Insurance has a total shareholder equity of ₪69.3M and total debt of ₪20.0M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are ₪1.1B and ₪988.1M respectively. Libra Insurance's EBIT is ₪14.8M making its interest coverage ratio 8. It has cash and short-term investments of ₪223.9M.
Key information
28.9%
Debt to equity ratio
₪20.00m
Debt
| Interest coverage ratio | 8x |
| Cash | ₪223.92m |
| Equity | ₪69.28m |
| Total liabilities | ₪988.11m |
| Total assets | ₪1.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LBRA's short term assets (₪873.9M) exceed its short term liabilities (₪815.0M).
Long Term Liabilities: LBRA's short term assets (₪873.9M) exceed its long term liabilities (₪173.1M).
Debt to Equity History and Analysis
Debt Level: LBRA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if LBRA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LBRA's debt is well covered by operating cash flow (282.7%).
Interest Coverage: LBRA's interest payments on its debt are well covered by EBIT (8x coverage).