Israel Petrochemical Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
Israel Petrochemical Enterprises has a total shareholder equity of ₪1.2B and total debt of ₪491.8M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are ₪1.7B and ₪507.8M respectively. Israel Petrochemical Enterprises's EBIT is ₪1.9M making its interest coverage ratio 0.1. It has cash and short-term investments of ₪7.8M.
Key information
41.1%
Debt to equity ratio
₪491.79m
Debt
| Interest coverage ratio | 0.06x |
| Cash | ₪7.83m |
| Equity | ₪1.20b |
| Total liabilities | ₪507.84m |
| Total assets | ₪1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTCH's short term assets (₪8.2M) exceed its short term liabilities (₪419.0K).
Long Term Liabilities: PTCH's short term assets (₪8.2M) do not cover its long term liabilities (₪507.4M).
Debt to Equity History and Analysis
Debt Level: PTCH's net debt to equity ratio (40.5%) is considered high.
Reducing Debt: PTCH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: PTCH's debt is well covered by operating cash flow (33.5%).
Interest Coverage: PTCH's interest payments on its debt are not well covered by EBIT (0.1x coverage).