I.C.P. Israel Citrus Plantations Balance Sheet Health
Financial Health criteria checks 5/6
I.C.P. Israel Citrus Plantations has a total shareholder equity of ₪66.3M and total debt of ₪0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₪83.3M and ₪17.1M respectively. I.C.P. Israel Citrus Plantations's EBIT is ₪495.0K making its interest coverage ratio -1.7. It has cash and short-term investments of ₪8.7M.
Key information
0%
Debt to equity ratio
₪0
Debt
Interest coverage ratio | -1.7x |
Cash | ₪8.66m |
Equity | ₪66.25m |
Total liabilities | ₪17.07m |
Total assets | ₪83.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTPL1's short term assets (₪10.1M) exceed its short term liabilities (₪3.8M).
Long Term Liabilities: CTPL1's short term assets (₪10.1M) do not cover its long term liabilities (₪13.3M).
Debt to Equity History and Analysis
Debt Level: CTPL1 is debt free.
Reducing Debt: CTPL1 has no debt compared to 5 years ago when its debt to equity ratio was 0.08%.
Debt Coverage: CTPL1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CTPL1 has no debt, therefore coverage of interest payments is not a concern.