Ginegar Plastic Products Balance Sheet Health
Financial Health criteria checks 4/6
Ginegar Plastic Products has a total shareholder equity of ₪206.8M and total debt of ₪185.6M, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are ₪641.5M and ₪434.7M respectively. Ginegar Plastic Products's EBIT is ₪28.5M making its interest coverage ratio 2.1. It has cash and short-term investments of ₪94.2M.
Key information
89.7%
Debt to equity ratio
₪185.57m
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₪94.22m |
| Equity | ₪206.80m |
| Total liabilities | ₪434.67m |
| Total assets | ₪641.47m |
Recent financial health updates
Ginegar Plastic Products (TLV:GNGR) Has A Somewhat Strained Balance Sheet
Jun 04
Health 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) 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 (₪460.9M) exceed its short term liabilities (₪250.9M).
Long Term Liabilities: GNGR's short term assets (₪460.9M) exceed its long term liabilities (₪183.8M).
Debt to Equity History and Analysis
Debt Level: GNGR's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: GNGR's debt to equity ratio has reduced from 96.5% to 89.7% over the past 5 years.
Debt Coverage: GNGR's debt is well covered by operating cash flow (21.1%).
Interest Coverage: GNGR's interest payments on its debt are not well covered by EBIT (2.1x coverage).