Turpaz Industries Balance Sheet Health
Financial Health criteria checks 3/6
Turpaz Industries has a total shareholder equity of $148.4M and total debt of $94.3M, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are $378.9M and $230.6M respectively. Turpaz Industries's EBIT is $24.2M making its interest coverage ratio 6.5. It has cash and short-term investments of $23.2M.
Key information
63.5%
Debt to equity ratio
US$94.29m
Debt
| Interest coverage ratio | 6.5x |
| Cash | US$23.17m |
| Equity | US$148.39m |
| Total liabilities | US$230.56m |
| Total assets | US$378.95m |
Recent financial health updates
No updates
Recent updates
Earnings Not Telling The Story For Turpaz Industries Ltd (TLV:TRPZ) After Shares Rise 26%
Apr 05
The Returns On Capital At Turpaz Industries (TLV:TRPZ) Don't Inspire Confidence
Nov 06Turpaz Industries' (TLV:TRPZ) Earnings Are Weaker Than They Seem
Apr 05Here's What's Concerning About Turpaz Industries' (TLV:TRPZ) Returns On Capital
Feb 27Earnings Tell The Story For Turpaz Industries Ltd (TLV:TRPZ)
Mar 17Financial Position Analysis
Short Term Liabilities: TRPZ's short term assets ($104.8M) exceed its short term liabilities ($82.5M).
Long Term Liabilities: TRPZ's short term assets ($104.8M) do not cover its long term liabilities ($148.0M).
Debt to Equity History and Analysis
Debt Level: TRPZ's net debt to equity ratio (47.9%) is considered high.
Reducing Debt: Insufficient data to determine if TRPZ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TRPZ's debt is well covered by operating cash flow (25.3%).
Interest Coverage: TRPZ's interest payments on its debt are well covered by EBIT (6.5x coverage).