Shaniv Paper Industry Balance Sheet Health
Financial Health criteria checks 4/6
Shaniv Paper Industry has a total shareholder equity of ₪334.1M and total debt of ₪264.5M, which brings its debt-to-equity ratio to 79.1%. Its total assets and total liabilities are ₪904.2M and ₪570.1M respectively. Shaniv Paper Industry's EBIT is ₪39.4M making its interest coverage ratio 3.1. It has cash and short-term investments of ₪16.1M.
Key information
79.1%
Debt to equity ratio
₪264.46m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₪16.11m |
| Equity | ₪334.14m |
| Total liabilities | ₪570.06m |
| Total assets | ₪904.20m |
Recent financial health updates
We Think Shaniv Paper Industry (TLV:SHAN) Can Stay On Top Of Its Debt
Apr 16
These 4 Measures Indicate That Shaniv Paper Industry (TLV:SHAN) Is Using Debt Reasonably Well
Dec 22Recent updates
We Think That There Are More Issues For Shaniv Paper Industry (TLV:SHAN) Than Just Sluggish Earnings
Apr 09Shaniv Paper Industry (TLV:SHAN) Is Looking To Continue Growing Its Returns On Capital
Jun 02Should You Be Adding Shaniv Paper Industry (TLV:SHAN) To Your Watchlist Today?
May 14We Think Shaniv Paper Industry (TLV:SHAN) Can Stay On Top Of Its Debt
Apr 16Is Shaniv Paper Industry Ltd's(TLV:SHAN) Recent Stock Performance Tethered To Its Strong Fundamentals?
Mar 18Will The ROCE Trend At Shaniv Paper Industry (TLV:SHAN) Continue?
Feb 25Shaniv Paper Industry Ltd (TLV:SHAN) Is An Attractive Dividend Stock - Here's Why
Feb 10
If You Had Bought Shaniv Paper Industry (TLV:SHAN) Shares Three Years Ago You'd Have Earned 42% Returns
Jan 22With EPS Growth And More, Shaniv Paper Industry (TLV:SHAN) Is Interesting
Jan 07These 4 Measures Indicate That Shaniv Paper Industry (TLV:SHAN) Is Using Debt Reasonably Well
Dec 22Shaniv Paper Industry Ltd (TLV:SHAN) Passed Our Checks, And It's About To Pay A ₪0.032 Dividend
Dec 03Shaniv Paper Industry Ltd's (TLV:SHAN) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Dec 01We Like These Underlying Trends At Shaniv Paper Industry (TLV:SHAN)
Nov 17Financial Position Analysis
Short Term Liabilities: SHAN's short term assets (₪436.7M) exceed its short term liabilities (₪377.8M).
Long Term Liabilities: SHAN's short term assets (₪436.7M) exceed its long term liabilities (₪192.3M).
Debt to Equity History and Analysis
Debt Level: SHAN's net debt to equity ratio (74.3%) is considered high.
Reducing Debt: SHAN's debt to equity ratio has increased from 64% to 79.1% over the past 5 years.
Debt Coverage: SHAN's debt is well covered by operating cash flow (24.5%).
Interest Coverage: SHAN's interest payments on its debt are well covered by EBIT (3.1x coverage).