Libra Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Libra Insurance has a total shareholder equity of ₪104.9M and total debt of ₪0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₪1.3B and ₪1.2B respectively. Libra Insurance's EBIT is ₪68.2M making its interest coverage ratio 22.8. It has cash and short-term investments of ₪170.5M.
Key information
0%
Debt to equity ratio
₪0
Debt
| Interest coverage ratio | 22.8x |
| Cash | ₪170.46m |
| Equity | ₪104.90m |
| Total liabilities | ₪1.21b |
| Total assets | ₪1.32b |
Recent financial health updates
No updates
Recent updates
Market Participants Recognise Libra Insurance Company Ltd's (TLV:LBRA) Revenues Pushing Shares 26% Higher
Oct 16
Libra Insurance Company Ltd (TLV:LBRA) Screens Well But There Might Be A Catch
May 30Libra Insurance Company Ltd's (TLV:LBRA) Shares Leap 38% Yet They're Still Not Telling The Full Story
Dec 18Libra Insurance Company Ltd's (TLV:LBRA) 25% Share Price Plunge Could Signal Some Risk
Jan 25Financial Position Analysis
Short Term Liabilities: LBRA's short term assets (₪859.1M) exceed its short term liabilities (₪17.1M).
Long Term Liabilities: LBRA's short term assets (₪859.1M) do not cover its long term liabilities (₪1.2B).
Debt to Equity History and Analysis
Debt Level: LBRA is debt free.
Reducing Debt: LBRA had no debt 5 years ago.
Debt Coverage: LBRA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LBRA has no debt, therefore coverage of interest payments is not a concern.