Ari Real Estate (Arena) Investment Balance Sheet Health
Financial Health criteria checks 1/6
Ari Real Estate (Arena) Investment has a total shareholder equity of ₪793.8M and total debt of ₪782.1M, which brings its debt-to-equity ratio to 98.5%. Its total assets and total liabilities are ₪1.8B and ₪986.4M respectively. Ari Real Estate (Arena) Investment's EBIT is ₪76.2M making its interest coverage ratio 2.1. It has cash and short-term investments of ₪29.2M.
Key information
98.5%
Debt to equity ratio
₪782.11m
Debt
Interest coverage ratio | 2.1x |
Cash | ₪29.17m |
Equity | ₪793.79m |
Total liabilities | ₪986.39m |
Total assets | ₪1.78b |
Recent financial health updates
Ari Real Estate (Arena) Investment (TLV:ARIN) Has A Somewhat Strained Balance Sheet
Jan 16Ari Real Estate (Arena) Investment (TLV:ARIN) Takes On Some Risk With Its Use Of Debt
May 08Recent updates
Ari Real Estate (Arena) Investment's (TLV:ARIN) Shareholders May Want To Dig Deeper Than Statutory Profit
Mar 27Ari Real Estate (Arena) Investment (TLV:ARIN) Has A Somewhat Strained Balance Sheet
Jan 16Ari Real Estate (Arena) Investment (TLV:ARIN) Takes On Some Risk With Its Use Of Debt
May 08Calculating The Intrinsic Value Of Ari Real Estate (Arena) Investment Ltd (TLV:ARIN)
Feb 23Shareholders In Ari Real Estate (Arena) Investment (TLV:ARIN) Should Look Beyond Earnings For The Full Story
Mar 21Risks To Shareholder Returns Are Elevated At These Prices For Arena Star Group Ltd. (TLV:ARNA)
Dec 15Financial Position Analysis
Short Term Liabilities: ARIN's short term assets (₪67.5M) do not cover its short term liabilities (₪135.1M).
Long Term Liabilities: ARIN's short term assets (₪67.5M) do not cover its long term liabilities (₪851.3M).
Debt to Equity History and Analysis
Debt Level: ARIN's net debt to equity ratio (94.9%) is considered high.
Reducing Debt: ARIN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ARIN's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: ARIN's interest payments on its debt are not well covered by EBIT (2.1x coverage).