Libra Insurance Company Ltd

TASE:LBRA Stock Report

Market Cap: ₪192.1m

Libra Insurance Balance Sheet Health

Financial Health criteria checks 4/6

Libra Insurance has a total shareholder equity of ₪69.3M and total debt of ₪23.9M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are ₪1.1B and ₪1.7B 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

34.6%

Debt to equity ratio

₪23.94m

Debt

Interest coverage ratio8x
Cash₪223.92m
Equity₪69.28m
Total liabilities₪1.67b
Total assets₪1.06b

Recent financial health updates

No updates

Recent updates

Libra Insurance Company Ltd's (TLV:LBRA) Shares Leap 38% Yet They're Still Not Telling The Full Story

Dec 18
Libra Insurance Company Ltd's (TLV:LBRA) Shares Leap 38% Yet They're Still Not Telling The Full Story

Libra Insurance Company Ltd's (TLV:LBRA) 25% Share Price Plunge Could Signal Some Risk

Jan 25
Libra Insurance Company Ltd's (TLV:LBRA) 25% Share Price Plunge Could Signal Some Risk

Financial Position Analysis

Short Term Liabilities: LBRA's short term assets (₪873.9M) exceed its short term liabilities (₪678.2M).

Long Term Liabilities: LBRA's short term assets (₪873.9M) do not cover its long term liabilities (₪988.1M).


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 (236.1%).

Interest Coverage: LBRA's interest payments on its debt are well covered by EBIT (8x coverage).


Balance Sheet


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