Africa Israel Residences Balance Sheet Health
Financial Health criteria checks 4/6
Africa Israel Residences has a total shareholder equity of ₪1.4B and total debt of ₪1.4B, which brings its debt-to-equity ratio to 100.3%. Its total assets and total liabilities are ₪3.7B and ₪2.3B respectively. Africa Israel Residences's EBIT is ₪178.4M making its interest coverage ratio 5.2. It has cash and short-term investments of ₪278.1M.
Key information
100.3%
Debt to equity ratio
₪1.41b
Debt
| Interest coverage ratio | 5.2x |
| Cash | ₪278.12m |
| Equity | ₪1.41b |
| Total liabilities | ₪2.26b |
| Total assets | ₪3.67b |
Recent financial health updates
Africa Israel Residences (TLV:AFRE) Has A Somewhat Strained Balance Sheet
Feb 23
Is Africa Israel Residences (TLV:AFRE) A Risky Investment?
Nov 04Is Africa Israel Residences (TLV:AFRE) Using Too Much Debt?
Apr 03Recent updates
Estimating The Intrinsic Value Of Africa Israel Residences Ltd (TLV:AFRE)
Feb 15Here's Why Africa Israel Residences (TLV:AFRE) Has Caught The Eye Of Investors
Aug 17Africa Israel Residences (TLV:AFRE) Has A Somewhat Strained Balance Sheet
Feb 23If You Like EPS Growth Then Check Out Africa Israel Residences (TLV:AFRE) Before It's Too Late
Dec 04Is Africa Israel Residences (TLV:AFRE) A Risky Investment?
Nov 04Is Africa Israel Residences (TLV:AFRE) Using Too Much Debt?
Apr 03Here's How We Evaluate Africa Israel Residences Ltd's (TLV:AFRE) Dividend
Mar 13With A Return On Equity Of 9.5%, Has Africa Israel Residences Ltd's (TLV:AFRE) Management Done Well?
Feb 19Africa Israel Residences (TLV:AFRE) Has Gifted Shareholders With A Fantastic 202% Total Return On Their Investment
Jan 24What Kind Of Shareholders Own Africa Israel Residences Ltd (TLV:AFRE)?
Jan 02
What To Know Before Buying Africa Israel Residences Ltd (TLV:AFRE) For Its Dividend
Dec 12Taking A Look At Africa Israel Residences Ltd's (TLV:AFRE) ROE
Nov 21Financial Position Analysis
Short Term Liabilities: AFRE's short term assets (₪1.8B) exceed its short term liabilities (₪1.6B).
Long Term Liabilities: AFRE's short term assets (₪1.8B) exceed its long term liabilities (₪703.2M).
Debt to Equity History and Analysis
Debt Level: AFRE's net debt to equity ratio (80.6%) is considered high.
Reducing Debt: AFRE's debt to equity ratio has reduced from 187.6% to 100.3% over the past 5 years.
Debt Coverage: AFRE's debt is not well covered by operating cash flow (19%).
Interest Coverage: AFRE's interest payments on its debt are well covered by EBIT (5.2x coverage).