Zur Shamir Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Zur Shamir Holdings has a total shareholder equity of ₪2.6B and total debt of ₪12.0B, which brings its debt-to-equity ratio to 453.8%. Its total assets and total liabilities are ₪20.5B and ₪17.9B respectively. Zur Shamir Holdings's EBIT is ₪941.4M making its interest coverage ratio 1.5. It has cash and short-term investments of ₪640.1M.
Key information
453.8%
Debt to equity ratio
₪11.96b
Debt
Interest coverage ratio | 1.5x |
Cash | ₪640.08m |
Equity | ₪2.64b |
Total liabilities | ₪17.91b |
Total assets | ₪20.55b |
Financial Position Analysis
Short Term Liabilities: ZUR's short term assets (₪6.6B) exceed its short term liabilities (₪6.3B).
Long Term Liabilities: ZUR's short term assets (₪6.6B) do not cover its long term liabilities (₪11.6B).
Debt to Equity History and Analysis
Debt Level: ZUR's net debt to equity ratio (429.5%) is considered high.
Reducing Debt: ZUR's debt to equity ratio has reduced from 497.7% to 453.8% over the past 5 years.
Debt Coverage: ZUR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZUR's interest payments on its debt are not well covered by EBIT (1.5x coverage).