Ackerstein Group Balance Sheet Health
Financial Health criteria checks 5/6
Ackerstein Group has a total shareholder equity of ₪1.2B and total debt of ₪122.1M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are ₪1.9B and ₪707.9M respectively. Ackerstein Group's EBIT is ₪114.2M making its interest coverage ratio 14.6. It has cash and short-term investments of ₪76.7M.
Key information
10.2%
Debt to equity ratio
₪122.07m
Debt
| Interest coverage ratio | 14.6x |
| Cash | ₪76.72m |
| Equity | ₪1.19b |
| Total liabilities | ₪707.92m |
| Total assets | ₪1.90b |
Recent financial health updates
These 4 Measures Indicate That Ackerstein Group (TLV:ACKR) Is Using Debt Reasonably Well
Dec 02
Ackerstein Group (TLV:ACKR) Could Easily Take On More Debt
Aug 12Recent updates
Optimistic Investors Push Ackerstein Group Ltd (TLV:ACKR) Shares Up 30% But Growth Is Lacking
Dec 03These 4 Measures Indicate That Ackerstein Group (TLV:ACKR) Is Using Debt Reasonably Well
Dec 02Ackerstein Group (TLV:ACKR) Could Easily Take On More Debt
Aug 12Ackerstein 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 (₪559.8M) exceed its short term liabilities (₪352.8M).
Long Term Liabilities: ACKR's short term assets (₪559.8M) exceed its long term liabilities (₪355.1M).
Debt to Equity History and Analysis
Debt Level: ACKR's net debt to equity ratio (3.8%) 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 (69.8%).
Interest Coverage: ACKR's interest payments on its debt are well covered by EBIT (14.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 20:52 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Ackerstein Group Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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