Ginegar Plastic Products Balance Sheet Health
Financial Health criteria checks 2/6
Ginegar Plastic Products has a total shareholder equity of ₪213.5M and total debt of ₪202.2M, which brings its debt-to-equity ratio to 94.7%. Its total assets and total liabilities are ₪643.6M and ₪430.0M respectively. Ginegar Plastic Products's EBIT is ₪26.1M making its interest coverage ratio 1.8. It has cash and short-term investments of ₪84.5M.
Key information
94.7%
Debt to equity ratio
₪202.23m
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₪84.53m |
| Equity | ₪213.53m |
| Total liabilities | ₪430.04m |
| Total assets | ₪643.57m |
Recent financial health updates
Ginegar Plastic Products (TLV:GNGR) Takes On Some Risk With Its Use Of Debt
Dec 02
Ginegar Plastic Products (TLV:GNGR) Has A Somewhat Strained Balance Sheet
Jun 04Health Check: How Prudently Does Ginegar Plastic Products (TLV:GNGR) Use Debt?
Sep 15Is Ginegar Plastic Products (TLV:GNGR) Using Debt In A Risky Way?
May 17Ginegar Plastic Products (TLV:GNGR) Has A Pretty Healthy Balance Sheet
Mar 25Does Ginegar Plastic Products (TLV:GNGR) Have A Healthy Balance Sheet?
Dec 25Recent updates
Ginegar Plastic Products (TLV:GNGR) Takes On Some Risk With Its Use Of Debt
Dec 02Ginegar Plastic Products (TLV:GNGR) Has A Somewhat Strained Balance Sheet
Jun 04Health Check: How Prudently Does Ginegar Plastic Products (TLV:GNGR) Use Debt?
Sep 15Is Ginegar Plastic Products (TLV:GNGR) Using Debt In A Risky Way?
May 17Estimating The Fair Value Of Ginegar Plastic Products Ltd. (TLV:GNGR)
Jun 15Investors Could Be Concerned With Ginegar Plastic Products' (TLV:GNGR) Returns On Capital
Apr 30Ginegar Plastic Products (TLV:GNGR) Has A Pretty Healthy Balance Sheet
Mar 25A Look At Ginegar Plastic Products' (TLV:GNGR) Share Price Returns
Mar 04Can Mixed Financials Have A Negative Impact on Ginegar Plastic Products Ltd.'s 's (TLV:GNGR) Current Price Momentum?
Feb 10The Trends At Ginegar Plastic Products (TLV:GNGR) That You Should Know About
Jan 19
Does Ginegar Plastic Products (TLV:GNGR) Have A Healthy Balance Sheet?
Dec 25Calculating The Intrinsic Value Of Ginegar Plastic Products Ltd. (TLV:GNGR)
Dec 04Financial Position Analysis
Short Term Liabilities: GNGR's short term assets (₪459.5M) exceed its short term liabilities (₪261.2M).
Long Term Liabilities: GNGR's short term assets (₪459.5M) exceed its long term liabilities (₪168.9M).
Debt to Equity History and Analysis
Debt Level: GNGR's net debt to equity ratio (55.1%) is considered high.
Reducing Debt: GNGR's debt to equity ratio has increased from 82% to 94.7% over the past 5 years.
Debt Coverage: GNGR's debt is not well covered by operating cash flow (7%).
Interest Coverage: GNGR's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/11 04:35 |
| End of Day Share Price | 2025/01/09 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
Ginegar Plastic Products 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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