Ackerstein Group Balance Sheet Health
Financial Health criteria checks 5/6
Ackerstein Group has a total shareholder equity of ₪1.1B and total debt of ₪120.1M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are ₪1.8B and ₪680.6M respectively. Ackerstein Group's EBIT is ₪110.7M making its interest coverage ratio 12.6. It has cash and short-term investments of ₪90.0M.
Key information
10.6%
Debt to equity ratio
₪120.06m
Debt
| Interest coverage ratio | 12.6x |
| Cash | ₪89.97m |
| Equity | ₪1.13b |
| Total liabilities | ₪680.58m |
| Total assets | ₪1.81b |
Recent financial health updates
Recent updates
Ackerstein Group (TLV:ACKR) Could Easily Take On More Debt
Aug 12
Ackerstein Group (TLV:ACKR) Has Some Way To Go To Become A Multi-Bagger
Jun 05The Returns At Ackerstein Group (TLV:ACKR) Aren't Growing
Oct 15Ackerstein Group Ltd's (TLV:ACKR) Share Price Not Quite Adding Up
Mar 24Ackerstein Group's (TLV:ACKR) Problems Go Beyond Weak Profit
Dec 05Financial Position Analysis
Short Term Liabilities: ACKR's short term assets (₪512.9M) exceed its short term liabilities (₪326.1M).
Long Term Liabilities: ACKR's short term assets (₪512.9M) exceed its long term liabilities (₪354.5M).
Debt to Equity History and Analysis
Debt Level: ACKR's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ACKR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ACKR's debt is well covered by operating cash flow (63.1%).
Interest Coverage: ACKR's interest payments on its debt are well covered by EBIT (12.6x coverage).