Hod Assaf Industries Balance Sheet Health
Financial Health criteria checks 4/6
Hod Assaf Industries has a total shareholder equity of ₪680.9M and total debt of ₪324.5M, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are ₪1.2B and ₪514.3M respectively. Hod Assaf Industries's EBIT is ₪58.8M making its interest coverage ratio 3.3. It has cash and short-term investments of ₪13.6M.
Key information
47.7%
Debt to equity ratio
₪324.48m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₪13.62m |
| Equity | ₪680.86m |
| Total liabilities | ₪514.29m |
| Total assets | ₪1.20b |
Recent financial health updates
We Think Hod Assaf Industries (TLV:HOD) Is Taking Some Risk With Its Debt
Jun 02
Hod Assaf Industries (TLV:HOD) Has A Pretty Healthy Balance Sheet
Dec 27We Think Hod Assaf Industries (TLV:HOD) Can Manage Its Debt With Ease
Jun 14Is Hod Assaf Industries (TLV:HOD) Using Too Much Debt?
May 06Recent updates
We Think Hod Assaf Industries (TLV:HOD) Is Taking Some Risk With Its Debt
Jun 02Hod Assaf Industries Ltd. (TLV:HOD) Not Doing Enough For Some Investors As Its Shares Slump 25%
Dec 31Hod Assaf Industries (TLV:HOD) Has A Pretty Healthy Balance Sheet
Dec 27Does Hod Assaf Industries (TLV:HOD) Deserve A Spot On Your Watchlist?
Nov 29We Think Hod Assaf Industries (TLV:HOD) Can Manage Its Debt With Ease
Jun 14A Look At The Intrinsic Value Of Hod Assaf Industries Ltd. (TLV:HOD)
Jan 20Hod Assaf Industries' (TLV:HOD) Returns On Capital Are Heading Higher
Jun 08Is Hod Assaf Industries (TLV:HOD) Using Too Much Debt?
May 06Why Hod Assaf Industries' (TLV:HOD) Earnings Are Better Than They Seem
Apr 01What Can The Trends At Hod Assaf Industries (TLV:HOD) Tell Us About Their Returns?
Feb 04What We Learned About Hod Assaf Industries' (TLV:HOD) CEO Pay
Dec 14
Financial Position Analysis
Short Term Liabilities: HOD's short term assets (₪826.7M) exceed its short term liabilities (₪492.7M).
Long Term Liabilities: HOD's short term assets (₪826.7M) exceed its long term liabilities (₪21.6M).
Debt to Equity History and Analysis
Debt Level: HOD's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: HOD's debt to equity ratio has reduced from 58.6% to 47.7% over the past 5 years.
Debt Coverage: HOD's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: HOD's interest payments on its debt are well covered by EBIT (3.3x coverage).