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 ₪132.9M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are ₪1.8B and ₪714.7M respectively. Ackerstein Group's EBIT is ₪121.0M making its interest coverage ratio 11. It has cash and short-term investments of ₪154.1M.
Key information
11.9%
Debt to equity ratio
₪132.93m
Debt
Interest coverage ratio | 11x |
Cash | ₪154.13m |
Equity | ₪1.12b |
Total liabilities | ₪714.67m |
Total assets | ₪1.83b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ACKR's short term assets (₪534.3M) exceed its short term liabilities (₪355.4M).
Long Term Liabilities: ACKR's short term assets (₪534.3M) exceed its long term liabilities (₪359.3M).
Debt to Equity History and Analysis
Debt Level: ACKR has more cash than its total debt.
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 (38.1%).
Interest Coverage: ACKR's interest payments on its debt are well covered by EBIT (11x coverage).