Airport City Balance Sheet Health
Financial Health criteria checks 3/6
Airport City has a total shareholder equity of ₪9.9B and total debt of ₪6.2B, which brings its debt-to-equity ratio to 63.1%. Its total assets and total liabilities are ₪18.6B and ₪8.7B respectively. Airport City's EBIT is ₪718.2M making its interest coverage ratio 3.2. It has cash and short-term investments of ₪1.5B.
Key information
63.1%
Debt to equity ratio
₪6.22b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₪1.54b |
| Equity | ₪9.87b |
| Total liabilities | ₪8.70b |
| Total assets | ₪18.57b |
Recent financial health updates
Here's Why Airport City (TLV:ARPT) Has A Meaningful Debt Burden
Jan 06
We Think Airport City (TLV:ARPT) Is Taking Some Risk With Its Debt
Sep 12Here's Why Airport City (TLV:ARPT) Has A Meaningful Debt Burden
Jun 03Airport City (TLV:ARPT) Has A Pretty Healthy Balance Sheet
Oct 05Here's Why Airport City (TLV:ARPT) Can Manage Its Debt Responsibly
Jun 24Recent updates
Airport City's (TLV:ARPT) Conservative Accounting Might Explain Soft Earnings
Apr 06Here's Why Airport City (TLV:ARPT) Has A Meaningful Debt Burden
Jan 06Estimating The Intrinsic Value Of Airport City Ltd. (TLV:ARPT)
Nov 03We Think Airport City (TLV:ARPT) Is Taking Some Risk With Its Debt
Sep 12Here's Why Airport City (TLV:ARPT) Has A Meaningful Debt Burden
Jun 03Calculating The Fair Value Of Airport City Ltd. (TLV:ARPT)
Dec 01Airport City (TLV:ARPT) Has A Pretty Healthy Balance Sheet
Oct 05Here's Why Airport City (TLV:ARPT) Can Manage Its Debt Responsibly
Jun 24What Type Of Shareholders Own The Most Number of Airport City Ltd. (TLV:ARPT) Shares?
Jan 15
Airport City's (TLV:ARPT) Earnings Are Growing But Is There More To The Story?
Nov 23Financial Position Analysis
Short Term Liabilities: ARPT's short term assets (₪2.4B) exceed its short term liabilities (₪1.3B).
Long Term Liabilities: ARPT's short term assets (₪2.4B) do not cover its long term liabilities (₪7.4B).
Debt to Equity History and Analysis
Debt Level: ARPT's net debt to equity ratio (47.5%) is considered high.
Reducing Debt: ARPT's debt to equity ratio has reduced from 68.5% to 63.1% over the past 5 years.
Debt Coverage: ARPT's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: ARPT's interest payments on its debt are well covered by EBIT (3.2x coverage).